Director of Risk & Controls | Bankrate

Director of Risk & Controls *This role is fully remote (any U.S. time zone). Candidates must be based in and authorized to work in the United States. Reports to the Chief Operating Officer. For the Bankrate website click here. Curious how Bankrate fits into Red Ventures? Click here. In this role, you will stand up Bankrate’s enterprise-grade risk and controls function from scratch, serving as the first line of defense embedded in the business and owning the day-to-day execution of risk mitigation, controls, and governance. Today this work is spread thin across Legal and handled ad hoc; you’ll be its permanent, dedicated, high-horsepower owner, working alongside an independent Compliance function (second line) and Legal, which continues to own legal judgment calls, contract negotiation, and external counsel. Impact on the business: As Bankrate pursues deeper enterprise partnerships, expands its mortgage brokering footprint across more states, and prepares its risk posture for an eventual exit, this role builds the risk and controls foundation that growth requires, with direct visibility to the executive leadership team and a full suite of AI tools to scale further than headcount alone would allow. What You’ll Do: Drive Bankrate’s monthly Risk & Compliance Committee: set the agenda, track outstanding follow-ups, and keep the executive leadership team accountable to open items. Run bi-weekly Risk & Compliance meeting governance, including agenda-setting and follow-up tracking. Respond to quarterly risk assessments, partnering with Legal & Compliance to gather requested information and project-manage the resulting mitigation roadmap with the business. Own project management across all governance initiatives and ensure proper documentation, including a historical archive. Use AI to design and stand up Bankrate’s first-line-of-defense program, starting with Mortgages, then monitor and test the business’s ongoing compliance with applicable laws and regulations. Manage third-party due diligence requests, both Bankrate’s submissions to third parties and documentation of Bankrate’s requests to them. Coordinate with the CISO/IT Security function and RV Corporate to create and refresh Bankrate’s internal policy library, moving it from inherited Red Ventures-branded policies to Bankrate-owned ones. Validate and record Bankrate’s adherence to its ~60 internal policies. Serve as Bankrate’s conduit to Red Ventures’ Procurement, Security, and Data Privacy processes, streamlining workflows to increase speed and mitigate risk. Manage Bankrate’s portfolio of existing and pursued certifications (SOC, EcoVadis, ISO, WCAG, etc.) across Bankrate, Red Ventures, and third parties. Build AI-enabled employee compliance training (e.g., Fair Lending) to replace vendor-created content, increasing scale and quality. What We’re Looking For: 10+ years of progressive risk, compliance, or control management experience; a strong individual-contributor track record is fine, and prior people management is not required. Financial services experience is required; consumer home loans/mortgage experience is strongly preferred. Proven ability to project-manage complex, cross-functional initiatives and drive them to completion through influential communication. Proven track record using AI as a productivity tool, including building agentic workflows to perform repetitive, multi-step job responsibilities. Working knowledge of first-line/second-line risk frameworks (e.g., three lines of defense), and comfort operating as the first line rather than as an arm’s-length reviewer. Comfort building from scratch: designing processes, cadences, and documentation where none exist today. High energy, low ego, and genuine enthusiasm for an undefined, still-being-built function. Exceptional organizational and communication skills; able to drive dozens of open workstreams at once and communicate progress clearly to executives. Compensation: Total Compensation Range: $150,000