Director, Risk Management

Responsible for the execution and maintenance of a first line of defense risk management program to support the Service & Operations (S&O) organization. In this role, the candidate will ensure corporate risk framework is fully maintained; this includes issue management, change management, risk and control self-assessment (RCSA), and key risk metrics. Ensure key controls are in place to mitigate risk (e.g., operational, regulatory, financial, etc.) and are incorporated into corporate testing framework. Ensure risk-based decision-making is integrated within business strategies, processes, and initiatives. Provide leadership, training, and coaching as appropriate. Serve as a key liaison to compliance, internal audit, and second line of defense risk management teams.

Key Responsibilities

• Partner across the business to execute and maintain a first line of defense risk and control program. This includes key risk practices such as issue management, change management, governance, and risk metrics.
• Ensure regulatory and supervisory controls are in place and tested with the appropriate risk framework. Act as the liaison between business teams with second/third line of defense risk teams as well as the General Counsel's Organization (GCO).
• Identify and create Key Risk Indicators (KRIs) and other risk metrics to provide transparency to senior leadership and required risk forums and/or committees.
• Oversee internal audits and external examinations that impact the S&O organization.
• Provide leadership, performance management and improvement feedback, coaching, mentoring and development of employee direct reports.
• Registered Principal supervisory responsibilities over key controls.

Required Qualifications

• Bachelor's degree or equivalent.
• 10+ years of relevant experience.
• Active FINRA Series 7 and 24.
• Strong relationship and communication skills.
• Ability to influence and collaborate across business lines to achieve results.
• Experience with internal and regulatory audits.
• Experience with risk management programs (e.g., change management) with a specific focus on ownership of issue management programs.

Preferred Qualifications

• Knowledge and experience of brokerage products and operations processes within a broker-dealer
• Understanding of the regulations and rules that impact clearing and introducing broker-dealers
• Prior experience leading a team.

About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

The estimated base salary for this role is $128,400 - $173,300 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Full timeExemptBusiness Support & OperationsCLEAR Clearing