Operating Soundness - Supports the 1st Line Risk team to review processes on a periodic basis alongside the business to ensure the Risk Management Framework is embedded consistently across the organization. Which will then ensure there are effective controls in place to mitigate against risks. - This includes ensuring processes, risks and control inventories are up to date and support the objectives of the 1st Line risk team. - Review and refresh Business procedures and undertake risk and control reviews of processes alongside 1st Line Risk Managers - Reviews risk and control Key Risk Indicators (‘KRI’) that are impacted by Risk Events, Process Control Change (PCC) or other events which may cause them to be updated and reissued – propose updates to KRI owners - Plays a key role in the testing/QA of controls following the Risk Management framework. This involves the Bank Quality Assurance on a established controls, and undertaking control testing. - Supports 1st Line Risk managers/Business team in writing/reviewing select policies and procedures. - Runs tracker or project management for Issue Management related to Controls, as requested by 1st Line Risk managers
Risk Management ie (Assessments (Risk Control Self Assessment (‘RCSA’) Trends (Risk Indicators, Risk Events, External Events), Findings (1st Line Risk testing, RCS assurance, SOX, Bank Risk Testing) -Supports 1st Line Risk managers in coordinating and performing risk assessment activities and Risk Control Committee (‘RCC’) deep dives, prepares recommendations for presentation for OCC exams -Ensures timely and accurate Risk Event (‘REV’) incident recording and proposes escalation to 1st Line Risk managers, as required -Oversees REV action remediation -Reviews risk trends and recommends actions -Conducts risk-based testing at the direction of the 1st Line Risk manager -Supports 1st Line Risk teams in coordinating responses to findings from 1st Line Risk testing, RCS assurance or SOX/ISAE testing)
Governance ie. BU control meet -Supports preparation of agenda/papers for Business control meetings -Support preparation of updates where required for escalation purposes Keeping up to date with company-wide and industry best practices around effective operational risk management
About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.
Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
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What We Do
Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals.
We believe that with the right advisor, the right advice, and the right firm, life can be brilliant.
Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states.
Learn how you can build your career at Ameriprise Financial.
*Ameriprise Financial Q2 2020 Statistical Supplement
All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested.
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Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.







