Enterprise Risk Control Assurance Testing Lead
New York, NY, USA
USD 125k-175k / year
Posted on Jul 24, 2026
Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.
Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world’s most complex economic problems.
The Enterprise Risk Management (“ERM”) function is responsible for building and implementing frameworks/processes to identify, assess, prioritize, mitigate, and report on operational risks across the business. The ERM function will facilitate a centralized approach to managing the firm’s operational risks, collaborating with the relevant teams across modeling, engineering and corporate functions to mitigate identified risks. ERM will strive to promote and foster a culture of operational risk awareness, accountability, continual improvement, and transparency within TSIM. This will include providing reporting on operational risks and mitigants to control functional leadership, business area heads, and senior leadership.
We are seeking a motivated and meticulous operational risk professional to lead and manage Two Sigma-Wide operational and organizational risk. Candidates should be strong problem solver with critical thinking abilities, possess strong relationship management skills, have the ability to manage and prioritize multiple tasks, and takes a collaborative approach to team engagement. If you are passionate about joining a fast-paced, dynamic team, we'd love to meet you!
You will take on the following responsibilities:
- Collaborate in building a framework for performing control assurance testing for key business processes across the firm
- Conduct control assurance testing, documenting current process and controls, testing control effectiveness and drive primary responsible for identifying controls gaps and/or control failures
- Project management - managing collaborators with diverse agendas, driving meetings, developing consensus, handling project schedules, and applying standard processes of project management.
- Partner with the operational risk leads to manage and track status of remediation efforts to ensure continuous progress is being made
- Build out reporting/dashboard infrastructure to provide operational risk metrics
- Generate and distribute reporting and metrics for TS-Wide and Corporate risk
You should possess the following qualifications:
- 8+ years of in-depth knowledge of risk management frameworks, methodologies, and standard processes including application in the context of a large financial institution.
- Ability to align operational risk management strategies with the organization's overall goals and objectives.
- This role requires both “big-picture” thinking and “in-the-weeds” analysis/delivery skills
- Experience coordinating control testing engagements, with a preference for working familiarity with coding and technology to engage both technical and business stakeholders.
- Ability to think critically and creatively to identify potential risks and develop mitigation strategies.
- Excellent verbal and written communication skills to effectively convey risk-related information to stakeholders at all levels.
- Excellent problem-solving and analytical abilities, attention to detail, is self-motivated, and the ability to work collaboratively in a fast-paced team environment
You will enjoy the following benefits:
- Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
- Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
- Learning: Tuition reimbursement, conference and training sponsorship
- Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
- Hybrid Work Policy: Flexible in-office days with budget for home office setup
The base pay for this role will be between $125,000 and $175,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.