Company Description

Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams — People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more — provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.

Job Description

The ERM Frameworks Lead will be responsible for developing, implementing, and maintaining all relevant Enterprise Risk Management (ERM) frameworks, including Key Risk Indicators (KRIs), Risk and Control Self-Assessments (RCSAs), risk appetite, and risk tolerance. This senior-level role will ensure these frameworks align with the organization's strategic objectives and regulatory requirements. The ERM Frameworks Lead will report to the Global Head of ERM and play a critical role in embedding robust risk management practices across the organization.

You Will:

Framework Development and Implementation:

• Develop, implement, and continuously improve ERM frameworks, including KRIs, RCSAs, risk appetite, and risk tolerance.
• Ensure that all frameworks are aligned with the organization’s strategic objectives and regulatory requirements.
• Create detailed documentation and guidelines for each framework to ensure consistent application across the organization.

Key Risk Indicators (KRIs):

• Design and establish KRIs to monitor and report on the organization’s risk exposure.
• Collaborate with business units to identify relevant KRIs and integrate them into the ERM framework.
• Regularly review and update KRIs to ensure they remain relevant and effective.

Risk and Control Self-Assessments (RCSAs):

• Oversee the development and execution of RCSAs across the organization.
• Ensure that RCSAs are conducted consistently and comprehensively, identifying key risks and controls.
• Provide training and support to business units on RCSA processes and best practices.

Risk Appetite and Tolerance:

• Define and articulate the organization’s risk appetite and risk tolerance levels.
• Ensure these levels are integrated into decision-making processes and align with strategic objectives.
• Monitor adherence to established risk appetite and tolerance levels, reporting any breaches or concerns.

Reporting and Communication:

• Working with the Governance Lead, prepare comprehensive risk management reports for senior leadership, the board, and regulatory bodies.
• Develop high-quality, visually appealing presentations to communicate complex risk management concepts.
• Ensure effective communication of ERM frameworks and their importance to non-risk experts within the organization.

Stakeholder Engagement and Collaboration:

• Work closely with senior leaders and business units to promote a risk-aware culture.
• Facilitate risk assessment workshops and training sessions to ensure stakeholders understand and effectively use ERM frameworks.
• Collaborate with technical teams to integrate data analytics into ERM frameworks, enhancing their effectiveness.
• Compliance and Regulatory Alignment:
  • Ensure all ERM frameworks comply with relevant regulatory requirements and industry best practices.
  • Stay abreast of changes in the regulatory landscape and adjust frameworks as necessary to maintain compliance.

Qualifications

You Have:

• At least 10-12 years of experience in risk management or related roles.
• Proven experience in developing and implementing ERM frameworks, including KRIs, RCSAs, risk appetite, and risk tolerance.
• Strong understanding of risk management methodologies, frameworks, and best practices.
• Excellent communication, interpersonal, and presentation skills.
• Ability to translate complex technical concepts into clear, non-technical language.
• Proficiency in using advanced presentation tools and software.
• Strong analytical and problem-solving abilities.

Skills:

• Exceptional organizational and project management skills.
• Strong attention to detail and ability to manage multiple priorities.
• Ability to work independently and as part of a team.
• High level of integrity and professionalism in handling sensitive information.

This role is critical to ensuring that the organization’s ERM frameworks are robust, aligned with strategic objectives, and effectively communicated, supporting a culture of proactive risk management.

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $198,000 - USD $297,000
Zone B: USD $198,000 - USD $297,000
Zone C: USD $198,000 - USD $297,000
Zone D: USD $198,000 - USD $297,000

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:

• Healthcare coverage (Medical, Vision and Dental insurance)
• Health Savings Account and Flexible Spending Account
• Retirement Plans including company match
• Employee Stock Purchase Program
• Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
• Paid parental and caregiving leave
• Paid time off (including 12 paid holidays)
• Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
• Learning and Development resources
• Paid Life insurance, AD&D, and disability benefits

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.