Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.
Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.
Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co for more information.
We're currently looking for a Senior Manager, Risk Governance who will be responsible for managing the documentation of Risk Governance procedures and ensuring adherence to required Risk, Legal, Compliance, Audit and LOB requirements as well as optimizing for operational efficiencies.
Responsibilities:
- Ensure documents are consistent in appearance and content and adequately integrated into various Consumer communication channels.
- Maintain reporting and dashboard responsibility for Risk Committees (ORC, BCORC, ERM).
- Serve as one of the points of contact for the Governance, Risk and Compliance Tool.
- Responsible for risk reporting inclusive of KRI/KPI, ERM Self Identified issue, RCSA dashboard analysis, etc.
- Manage approval process with 1st and 2nd line of defense for process supporting documentation and communications. Responsible for facilitating periodic review of process supporting documentation and communications as required by Content Management Policy.
- Management and oversight of implementation of changes to processes supporting documentation and communications in a timely and efficient manner.
- Ensure content changes are in compliance with policies and guidelines as well as compliance with all applicable rules and regulations.
- Facilitate partnerships with LOB leaders and 2nd LOD partners in overall change management process and proactively communicate content change status.
- Ensure consistency in procedure documentation.
- Accountable for ensuring appropriate storage of process supporting documentation and communications in a central repository or GRC tool.
- Challenge and make recommendations to enhance existing procedures that optimize processes and improve controls to ensure an appropriate balance of internal controls, compliance, and efficiency.
- Participate in project meetings to assist in documentation of the workflow, as necessary.
- Continuous identification of areas for process improvement/process optimization within change management process and implement solutions for improvement.
- Evaluate content changes for upstream/downstream impact within the organization and communicate accordingly.
- Facilitate periodic review of process supporting documentation and communications as required by Content Management Policy.
- Collaborate with 1st LOD and 2nd LOD partners (including Credit Policy, Enterprise Risk, Legal, and Compliance) to ensure they have specific input into new and revised procedural documentation and/or communications to ensure approvals are obtained in accordance with Content Management Policy and appropriate risk is mitigated.
- Collaborate with examiners regarding content management requests for audits.
- SUPERVISORY RESPONSIBILITIES: Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments. Assist in the development of appropriate talent pool to ensure adequate bench strength and succession planning.
Requirements:
- Excellent communication skills required to influence a wide range of audiences.
- The ideal candidate should demonstrate proven ability to collaborate with multiple stakeholders across Markets, Independent Risk, Compliance, Finance, Operations & Technology.
- The candidate must be able to work effectively in a cross-functional environment without close supervision and with colleagues who may not be in the same geographic location.
- The role requires strong analytical, interpersonal and leadership skills that rely on influence and building effective partnerships to execute our business plans and controls in a systematic, measurable, and effective way.
- Strong organizational skills and ability to shift priorities quickly.
- 10+ years of broad experience in transformation roles including Finance, Risk and Controls, Regulatory or Consulting roles, in financial services.
- Strong business knowledge of Risk Management and / or Regulatory Reporting.
- Experience in banking regulation and supervisory expectations for financial institutions.
- Strong people skills, with evidence of working in collaboration across large organizations, including an initiative-taking and 'no surprises' approach in communicating issues / requests.
- Tireless work ethic with ability to work well under pressure.
- Solid Microsoft Excel skills and the ability to develop advanced knowledge of MS Excel and Access (or other database front-end query applications).
- Bachelor's degree in Finance, Accounting, science, Technology, Engineering.
- Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and managerial experience.
- Experience with Business Continuity & Disaster Recovery.
Compensation: The role described above offers a base salary of $115,000 to $135,000. Your offer will be based on the alignment of your qualifications with the requirements of the job, location, and internal equity. In addition to the above-mentioned salary, Total Rewards include a stock option package, and benefits as outlined below.
Benefits:
- Robust Health Care Plans (Medical, Dental & Vision)
- Generous Parental Leave
- Flexible Time Off (FTO) Policy - Time off when you need it.
- Retirement Plan (401K) with company match
- Educational Assistance/Tuition Reimbursement up to $3K/year
- Life Insurance (Basic, Voluntary & AD&D)
- Short Term/Long Term Disability
- Robust Ancillary benefits including accident insurance, hospital insurance etc.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.
