Risk Engineer (L5)

Netflix is one of the world's leading entertainment services, with over 300 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.

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 take smart risks by supporting a program that promotes risk quantification, risk evaluation, impact analysis, and risk transparency, increasing 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 Netflix's Risk program, including conducting quantitative risk assessments and building out accountability measures such as risk exceptions and risk capacity monitoring. You will work not only 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 who…

• Can lead and promote risk discussions

• Can lead and support quantified risk assessments across a variety of domains, including but not limited to security, operational, compliance, privacy, and regulatory risks.

• Can build and model 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

• Understands how to leverage qualitative data to enhance risk assessments and support well-rounded analysis.

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

Core value skills - must-have 

• Applied experience with developing and maintaining quantitative risk models (e.g., FAIR, Monte Carlo simulations, loss distribution approaches, regression analysis, survival analysis)

• 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” culture

• Understanding of GRC concepts, platforms, and tools

• Experience with SAFE Security is a plus

• Familiarity with BC/DR concepts is a plus

• Familiarity with cyber risk frameworks and standards (e.g., NIST CSF, ISO 27001, MITRE ATT&CK)

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.

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 here.

Netflix is a unique culture and environment. Learn more here. 

Inclusion 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.