Operational Risk Manager

Ameriprise Financial Services, LLC•Minneapolis, MN

3d•$87,400 - $120,200

About The Position

Provide operational risk management by guiding the Supervision Team in developing and ensuring critical risk controls and overseeing day to day risk activities for departmental business processes. Support business partners and oversee process reviews to identify risks and develop appropriate solutions while ensuring adherence to regulatory and supervisory requirements. Serve as the escalation contact and risk liaison to support clear information exchange and to drive timely execution of risk mitigation recommendations and actions.

Requirements

Education: Bachelors degree or equivalent.
Experience: 3-5 years of relevant experience.
Strong analytical, organizational, and time management skills.
Strong ability to lead, partner, and influence across all leadership levels.
Excellent written and verbal communication skills.
Ability to drive results and meet deadlines to reduce risks.
Must be able to work indpendently.
Demonstrated people leadership experience, either through direct leadership or coaching/mentoring roles.

Nice To Haves

Series 7 & Series 24 (or ability to obtain within 120 days)

Responsibilities

Facilitate alignment, resolve escalated issues and provide a point of contact for business and external senior leaders for department business processes.
Identify opportunities and recommend solutions to mitigate current and future business risk.
Provide expertise to other areas for enhancement and implementation of Self –Monitoring plans.
Ensure regulatory and supervisory controls are in place for products and processes by acting as a point of contact for business partners.
Direct and guide initiatives by validating applicable SEC or FINRA rules to business processes and enhancing processes or documentation as necessary.
Review reports illustrating risk parameters and metrics associated with business lines.
Develop and enhance risk measurement policies, procedures and metrics.
Enhance risk reporting with new ideas gathered from research, best practices, and knowledge.
Initiate and/or conduct Risk Assessments across business.
Facilitates Compliance Manual Procedure and WSP changes and partners with the Business to execute the communication plan.