Global 1st Line Risk - Senior Risk Manager

Company: Threadneedle group
Location: Boston
Posted on: April 1, 2025

Job Description:

Sitting in the 1st Line, implement, execute and manage risk for Columbia Threadneedle's Distribution and Investment Risk business units. Ensure an integrated risk framework and strong control environment by leading the organization in the proactive identification of risk, continuous control improvement and issue mitigation. Lead a team responsible for risk event management, risk and controls identification, self-assessment and testing, risk reporting and governance for global business partners.How you'll spend your time:

• Provide operational risk and controls thought leadership and expertise to the business unit. Lead the development of risk management strategies that drive identification, quantification and mitigation of risk within the business, while providing acute depth of knowledge and influence. Benchmark industry-wide data and act as a liaison with industry sources in the business on trends, best practices, issues, and concerns.
• Establish and lead a governance framework designed to monitor and ensure efficacy of operational risk management and process controls within the business unit. Influence adoption of governance protocols and change controls across all regions and departments of the business unit. Implement reporting routines that ensure strong communication and interaction with all stakeholders including other Columbia Threadneedle Investments and Ameriprise risk partners.
• Identify high risk processes and controls and build out a testing program to ensure these processes and controls are reviewed and tested throughout the year. Where areas of enhancements are identified, work with the business to implement these changes and perform due diligence on the effectiveness of these processes and controls.
• Be the point person for risk events as they occur in the business unit by helping to review and log such risk events in a timely manner. Work with the business on remediation and establish regular working group to track complex risk events. Assess if issues are corrected appropriately and controls/mitigation are put in place. Facilitate and lead crisis prevention sessions and post-follow-up.
• Provide oversight, guidance and leadership on KRI population and risk reporting to senior business forums. Ensure adequate governance of key risks by escalating risks and following up on decisions, where applicable. Work with the business to ensure breaches in KRIs are brought back within tolerances promptly.
• Participate in the Operational Resiliency program for in-scope legal entities. This includes identifying key metrics relating to Important Business Services, establishing service tolerances and performing scenario stress tests throughout the year on operational risk factors.To be successful in this role you will have:
  • Strong analytical, organizational and time-management skills.
  • Strong ability to lead, partner and influence across leadership levels.
  • Excellent written and verbal communication skills.
  • Ability to drive results and meet deadlines.
  • Must be able to work independently.About Our CompanyWe'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.Base Pay SalaryThe estimated base salary for this role is $101,000 - $174,200 / 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 timeExempt/Non-Exempt: ExemptJob Family Group: Business Support & OperationsLine of Business: AMINV US Asset Management
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Keywords: Threadneedle group, Boston , Global 1st Line Risk - Senior Risk Manager, Executive , Boston, Massachusetts