VP, Enterprise Risk Management

Voya Financial • Hartford, CT

6d

About The Position

Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture? Start your Voyage – Position Overview: We are seeking a highly skilled and experienced Vice President, Enterprise Risk Management to lead and mature our enterprise risk management (ERM) framework. This role is pivotal in identifying, assessing, and mitigating financial and non-financial risks across the organization, ensuring alignment with strategic objectives and regulatory requirements. The VP will partner with senior leadership to embed risk awareness into decision-making and strengthen organizational resilience.

Requirements

• Bachelor’s degree in Finance, Risk Management, Business Administration, or related field; Master’s degree or professional certification (FRM, PRM, CPA) preferred.
• Minimum of 10 years of experience in risk management within financial services, with strong knowledge of employee benefits, retirement, wealth management, and investment management.
• Proven experience leading ERM strategies and initiatives, including developing and maturing risk frameworks.
• Strong commitment to integrity and Ethical standards, with A focus on Compliance and corporate governance.
• Strong analytical and problem-solving skills with ability to translate complex risk issues into actionable strategies.
• Excellent communication and presentation skills to engage and influence stakeholders at all levels.
• Demonstrated ability to work collaboratively in a fast-paced, dynamic environment.

Nice To Haves

• Master’s degree or professional certification (FRM, PRM, CPA) preferred.

Responsibilities

• Maintain and enhance a robust ERM strategy aligned with the organization’s risk appetite and strategic goals.
• Manage risk programs spanning financial and non-financial risk disciplines across our business lines.
• Conduct comprehensive risk assessments across all business lines, including employee benefits, retirement, retail wealth management, and investment management.
• Maintain and enhance the ERM framework, including policies, procedures, and tools to identify, measure, monitor, and report risks.
• Ensure compliance with applicable laws, regulations, and industry standards.
• Stay current on regulatory changes and collaborate with legal and compliance teams to manage associated risks.
• Establish effective risk reporting mechanisms.
• Prepare and present risk management reports to senior leadership and the Board, highlighting key risks, mitigation strategies, and overall exposure.
• Partner with business units and line-of-business chief risk officers to promote a risk-aware culture and integrate risk considerations into business decisions.
• Develop and maintain crisis management and business continuity plans to minimize operational disruptions.
• Design and deliver comprehensive training programs to educate employees on risk management practices and foster a culture of risk awareness.

Benefits

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

What This Job Offers

• Job Type: Full-time
• Career Level: Executive