Deputy Chief Risk Officer
About The Position
Augustus is building a modern correspondent bank, combining a national bank charter in organization with its proprietary core banking system, Marble. The Deputy Chief Risk Officer will build and lead Augustus’s risk function, owning credit, market, liquidity, and operational risk end-to-end. The role will also establish enterprise risk management from the ground up, including risk appetite, limits, committees, and board reporting. The role sets the risk metrics and reporting used by leadership to run the business, reviews new clients, products, and partners before launch, hires and leads the risk team, and explains the company’s risk management approach to boards and regulators. It reports to Ro, Global Chief Legal and Chief Risk Officer. The aim is to design a risk framework for a bank built on code, using risk controls to help the business move faster rather than simply adapting a big-bank framework.
Requirements
- 10+ years of risk experience.
- At least 3 years working at a bank.
- Based in New York or willing to relocate.
- Experience building a risk framework, including appetite, limits, and governance, from scratch.
- Ability to present to a board or regulator and handle challenging questions.
- Ability and willingness to hire risk talent, lead from the front, and remain hands-on.
Nice To Haves
- Experience in operational risk plus at least one of credit, market, or liquidity risk.
- At least 3 years of risk experience at a US G-SIB.
Responsibilities
- Build and lead Augustus’s risk function.
- Own credit, market, liquidity, and operational risk end-to-end.
- Establish enterprise risk management, including risk appetite, limits, committees, and board reporting.
- Set risk metrics and reporting for business leadership.
- Review new clients, products, and partners before they go live.
- Hire and lead the risk team while remaining hands-on in the work.
- Present the company’s risk management approach to boards and regulators.
- Design risk frameworks and controls appropriate to Augustus’s technology-led bank.
Benefits
- Equity and employee share ownership.
- Relocation support.
- Visa support.
- Latest Apple gear, including a MacBook and AirPods.
- Lunch benefit.
- Gym benefit.
- Beautiful office in the heart of the city.
- Four on-/offsites per year.
- Annual development budget.
- Comprehensive medical insurance.
- Dental insurance.
- Vision insurance.
- 401(k) retirement plan.
- Career growth and increased responsibility.
- Professional network of highly motivated peers.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
