Senior Enterprise Risk Manager

The Opportunity

LTSE is looking for an Enterprise Risk Manager who brings both rigor and practical judgment to complex business and regulatory questions. In this role, you will help shape and operate an enterprise risk management program that supports sound decisions, responsible growth, and the resilience of the exchange.

This is an opportunity for an experienced risk professional who wants meaningful ownership - not simply maintaining a framework, but working directly with leaders and teams across the company to surface risk early, challenge assumptions thoughtfully, and turn analysis into action. You will lead significant ERM work, advise cross-functional partners, and help make risk management a useful part of how LTSE operates.

Responsibilities:

• Lead significant components of LTSE's enterprise risk management program, including risk identification, assessment, monitoring, governance, documentation, and reporting.
• Plan and facilitate enterprise and functional risk assessments, bringing together quantitative and qualitative information to identify priorities and recommend action.
• Own the quality and ongoing maintenance of the enterprise risk register, including risk ratings, controls, mitigation plans, accountable owners, and progress updates.
• Monitor key risk indicators, incidents, control issues, audit findings, regulatory developments, market trends, and emerging risks—and ensure material concerns are surfaced promptly.
• Partner with colleagues across trading, compliance, legal, finance, technology, operations, marketing, and other functions to embed effective risk practices into decisions and day-to-day work.
• Develop and improve risk policies, procedures, frameworks, standards, and tools so they remain practical, current, and responsive to LTSE's evolving needs.
• Design and lead scenario analyses, stress tests, control evaluations, and other complex risk reviews, selecting the right approach for each question.
• Prepare clear risk reporting and recommendations for senior leaders and governance forums, and support materials for the Audit Committee, regulators, and external auditors.
• Lead assigned workstreams for regulatory examinations, internal and external audits, and other assurance activities—from coordinating responses through driving follow-up actions.
• Serve as a trusted risk advisor on cross-functional projects, business changes, and new initiatives, helping teams balance opportunity, regulatory expectations, and LTSE's risk appetite.
• Own LTSE’s third-party vendor management review process, and seek out smarter ways to work by improving or automating risk processes, data collection, reporting, and controls.

Required Skills and Experience:

• Deep working knowledge of enterprise risk management frameworks, methods, and tools, with the judgment to adapt them to complex business and regulatory questions.
• Experience independently planning and leading complex risk work, establishing an effective approach, coordinating contributors, and knowing when an issue needs to be escalated.
• Strong analytical and problem-solving skills, paired with the ability to synthesize complexity into clear, practical recommendations.
• The confidence and credibility to ask thoughtful questions, constructively challenge assumptions, and influence stakeholders without relying on formal authority.
• Clear written and verbal communication skills, including the ability to make risk information useful to technical, business, executive, and governance audiences.
• Sound judgment, discretion, attention to detail, and a strong commitment to confidentiality and regulatory compliance.
• Experience in enterprise, operational, compliance, technology, financial, or a related area of risk management—ideally within financial services, a regulated organization, an exchange, broker-dealer, fintech, or market infrastructure environment.
• Deep understanding of market structure, trading mechanisms, regulatory requirements, internal controls, audit, or governance processes.
• At least 6-8 years of directly related or equivalent professional experience.

Preferred Skills:

• Experience with risk reporting, data visualization, or workflow automation tools.
• A relevant professional certification, such as FRM, CRMP, RIMS-CRMP, CISA, or a comparable credential.

How We Work

At LTSE, long-term thinking and urgency go hand in hand. We value people who take responsibility, work transparently, seek out different perspectives, and approach difficult problems with curiosity and precision. In this role, you will have room to lead while working closely with colleagues who care about building durable systems, learning quickly, and improving how work gets done.

Why This Role Matters

Enterprise risk sits at the intersection of nearly every important decision an exchange makes. The person in this role will have visibility across the organization and the opportunity to influence how LTSE anticipates challenges, makes tradeoffs, and builds for resilience. Your work will help protect the business while enabling teams to move forward with greater clarity and confidence.

LTSE's Compensation Philosophy

The target salary range for this role is $155,000 - $195,000 with an anticipated starting salary at the midpoint of $175,000.

Base compensation is part of a total rewards package including stock options and benefits, and may include additional performance incentives. We review all employee pay and compensation programs annually using multiple databases including Pave, Radford, McLagan, and other peer sets, to ensure competitive and fair pay.

To determine the compensation for the role, we use a data-driven, blended rate approach to ensure we are paying competitively among our peers by benchmarking to companies of similar size and stage, and hire at the 50th percentile of the salary range.

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