00001 Ameriprise Financial Inc

Compensation

Full Description

Ameriprise Financial is looking to add a Risk Management Manager to the team! The Risk Management Manager will provide critical operational and financial risk oversight by leading the development of key risk controls and managing day-to-day risk activities. As part of the 2nd Line of Defense, the AWM Risk team is responsible for monitoring, challenging, and reporting on the effectiveness of the 1st Line of Defense in identifying and managing operational risks in alignment with the Operational Risk Management Committee (ORMC). Key Responsibilities Lead Operational Risk Framework Execution: Coordinate and oversee implementation of the operational risk framework across AWM business units, ensuring adherence to ORM Center of Excellence (COE) standards and providing insights on the level and direction of operational risk within the business. Risk and Control Self-Assessments (RCSAs): Guide business teams in proactively identifying, assessing, and mitigating risks; strengthen risk awareness and enhance monitoring of controls. Process Reviews: Evaluate business processes to confirm that control structures are properly designed to mitigate risks effectively. Control Testing: Oversee testing activities to assess the effectiveness of systems, processes, and controls; identify issues; support compliance with regulatory requirements; and improve operational quality and efficiency. Risk Event Identification: Ensure business units consistently log and manage risk events, support root cause analysis and remediation planning, and formally close events once the First Line of Defense has completed all required actions and documentation. Risk Escalation: Elevate significant operational risks to AWM Risk leadership when they present or may present material impacts to company performance, strategy, or reputation. Policy & Metric Development: Enhance and maintain operational risk measurement policies, procedures, and metrics. Risk Reporting: Strengthen risk reporting by applying research, industry best practices, and operational knowledge to produce insightful analyses and recommendations. Required Qualifications Bachelor’s degree or equivalent experience. 5+ years of relevant operational or financial risk management experience. Strong analytical, organizational, and time management capabilities. Proven ability to influence and collaborate across all levels of leadership. Excellent written and verbal communication skills. Demonstrated ability to drive results, prioritize tasks, and meet deadlines. Ability to work independently with minimal oversight. Demonstrated leadership experience through team management, coaching, or mentoring. Preferred Qualifications FINRA Series 7 license. About Our Company We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 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. Base Pay Salary The estimated base salary for this role is $87,400 - $120,200/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. Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law. Full-Time/Part-Time Full time Exempt/Non-Exempt Exempt Job Family Group Business Support & Operations Line of Business AWMRO AWM Risk Office We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in countries, we advise, manage and protect assets and income of more than 3.5 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.