Risk Engineer (L5)

2 Months ago • 6-8 Years • Miscellaneous • $100,000 PA - $720,000 PA

Job Summary

Job Description

Netflix seeks a Risk Engineer (L5) to execute a strategic risk program. Responsibilities include conducting quantitative risk assessments, building accountability measures (risk exceptions, capacity monitoring), and collaborating cross-functionally. The ideal candidate is passionate about risk data, comfortable with limited direction, and skilled in risk quantification, data analysis, and communicating complex concepts clearly. Experience with FAIR/FAIR-CAM, Monte Carlo simulations, and risk exceptions programs is essential. The role involves leading risk discussions, building KRIs, and improving risk management processes.
Must have:
  • Applied experience with quantitative risk analysis (e.g., FAIR, FAIR-CAM, Monte Carlo simulations)
  • Communicate risk concepts effectively to non-experts
  • Autonomously drive work delivery
  • Thrive in a collaborative environment
  • Advocate for change
  • Build and manage risk exception programs
Good to have:
  • Experience with SAFE Security
  • Familiarity with BC/DR concepts
Perks:
  • Health Plans
  • Mental Health support
  • 401(k) Retirement Plan with employer match
  • Stock Option Program
  • Disability Programs
  • Health Savings and Flexible Spending Accounts
  • Family-forming benefits
  • Life and Serious Injury Benefits
  • Paid time off

Job Details

Netflix is one of the world's leading entertainment services, with 283 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.

Taking risks, making bets!

At Netflix, we continue to challenge the traditional risk assessment and modeling approach. Our strategic bet around risk quantification shapes our decision-making and guides us in prioritizing risk responses and control design. You will enable Netflix to lean into smart risks by supporting a program that promotes risk quantification, risk evaluation, impact analysis, and risk transparency to increase our confidence in Netflix's ability to manage risk. 

We are looking for a thoughtful data-oriented Risk professional to enable our mission and support our inclusive culture. In this role, you will help execute a broad strategic vision for the Risk program at Netflix, including conducting quantitative risk assessments and building out accountability measures such as risk exceptions and risk capacity monitoring. You will not only work within the team but also cross-functionally with various teams across the organization.

You are excited about this opportunity because…

  • You’re passionate about evangelizing the value of risk data 

  • You enjoy working in an environment with limited direction

  • You understand and advocate for risk quantification

  • You have a desire to scale risk quantification 

  • You have a knack for simplifying risk management concepts and highlighting their value to non-experts

  • Our company culture encourages independent decision-making by employees

To be successful in this role, we are looking for individuals that…

  • Can lead and promote risk discussions

  • Can lead and support quantified risk assessments

  • Can build KRIs to monitor risk

  • Can model risk 

  • Understand relevant data collection, data cleaning, and data analysis

  • Can participate in risk management, decision-making, and collaborative discussions

  • Can understand the value of qualitative data

  • Monitor and identify opportunities to improve and scale risk management processes

  • Can up-level a risk exceptions program to sunshine risk and facilitate decision-making
     

Must-have core value skills:

  • Applied experience with quantitative risk analysis (e.g., FAIR, FAIR-CAM, Monte Carlo simulations)

  • Ability to communicate risk concepts and their value to non-practitioners

  • Autonomously drives work delivery (bias to action)

  • Ability to thrive and contribute in a heavily collaborative environment

  • Comfort with advocating for change in an “(almost) no rules rule” culture

  • Experience with building or managing a risk exceptions program is a plus

  • Experience with SAFE Security is a plus

  • Familiarity with BC/DR concepts is a plus

Compensation:

Generally, our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is 100,000 - $720,000.

Benefits:

Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs.  Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more detail about our Benefits .

Culture: 

Netflix is a unique culture and environment.  Learn more .

is a Netflix value and we strive to host a meaningful interview experience for all candidates. If you want an accommodation/adjustment for a disability or any other reason during the hiring process, please send a request to your recruiting partner.

We are an equal-opportunity employer and celebrate diversity, recognizing that diversity builds stronger teams. We approach diversity and inclusion seriously and thoughtfully. We do not discriminate on the basis of race, religion, color, ancestry, national origin, caste, sex, sexual orientation, gender, gender identity or expression, age, disability, medical condition, pregnancy, genetic makeup, marital status, or military service.

Job is open for no less than 7 days and will be removed when the position is filled.

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About The Company

Netflix is one of the world's leading entertainment services with over 247 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.

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