Job Description
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 year-end 2024. Our
team of 22,000 people across 19 countries, serves 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.
Job Description
Lead, execute, and continuously enhance the first Line of Defense (LOD) risk
management program for the Service & Operations (S&O) organization, with a focus
on Trading, Regulatory Reporting, and Operations control functions within a
clearing broker-dealer. Ensure alignment with the enterprise risk framework,
including oversight of regulatory, operational, financial, and compliance risks.
Drive risk-based decision-making, maintain regulatory adherence, and ensure
effective control design and execution. Serve as a key liaison across business
lines and second and third Lines of Defense (Compliance, Risk, Legal, Internal
Audit), while providing leadership, guidance, and coaching. The position will be
available to candidates in Minneapolis MN and Charlotte NC.
KEY RESPONSIBILITIES
* Provide direct oversight of risk and control functions across Trading
(Equities, Options, Fixed Income, Managed Accounts) and Operations to ensure
controls are designed and operating effectively to mitigate operational,
financial, and regulatory risk
* Execute and supervise key trading and operational controls, including:
- Counterparty risk reviews
- Mark-up/mark-down practices
- Execution quality monitoring
- Trading-related supervisory controls
* Oversee regulatory reporting and control functions, including:
- Consolidated Audit Trail (CAT)
- TRACE and MSRB transaction reporting
- Trading activity fees
- General ledger reconciliations
* Monitor and evaluate regulatory developments impacting clearing and
introducing broker-dealers and assess business impact
* Act as a primary liaison with Trading, Operations, Internal Audit,
Compliance, Legal, and regulators, including participation in industry
advocacy efforts
* Identify control gaps and deficiencies, assess risk exposure and materiality,
and implement cost-effective remediation strategies
* Promote continuous improvement and a strong risk awareness culture across the
organization
* Lead and develop a team of risk professionals, including performance
management, coaching, mentoring, and career development
* Foster a culture of accountability, risk awareness, and continuous
improvement
REQUIRED QUALIFICATIONS
- Bachelor’s degree or equivalent experience
- 10+ years of financial services experience with a focus on risk management,
controls, and broker-dealer operations
- Active FINRA Series 7
- FINRA Series 24 licenses (or ability to obtain within 120 days)
- FINRA Series 53
- Strong knowledge of clearing broker-dealer regulations, equity and fixed
income trading processes, and regulatory reporting frameworks (e.g., TRACE,
CAT, MSRB)
- Experience with risk programs (RCSA, issue management, change management)
- Experience with regulatory exams, audits, and supervisory controls
- Proven ability to influence and collaborate across business lines and
external stakeholders
* Prior team leadership experience
PREFERRED QUALIFICATIONS
- Experience with financial and regulatory reporting
- Knowledge of Operations Control functions (e.g., customer protection,
break/fail monitoring)
- Experience with advisory products
- Background in trading or operations risk environments
- Experience with treasury and regulatory reporting
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the
future, require visa sponsorship for employment in the United States (e.g.,
H-1B, F-1 CPT, F-1 OPT, TN).
In-Office Collaboration
We are a client-centric, relationship-based business. Working together,
in-person, is foundational to how we achieve results. By fostering a culture of
face-to-face collaboration, idea sharing, productivity and personal connection,
we deliver for our stakeholders — clients, advisors, employees and shareholders.
Our employees work in the office at least four (4) days per week, with
flexibility to work from home one (1) day per week. Some roles may require
additional in-office time or different in-office expectations, and specific
requirements will be discussed during the hiring process.
Base Pay Salary
The estimated base salary for this role is $131,000 - $180,100 a 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-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Enterprise Risk Management
Line of Business
CLEAR Clearing
Ameriprise Financial is an equal opportunity employer. We consider all qualified
applicants without regard to race, color, religion, sex, sexual orientation,
gender identity, gender expression, national origin, ancestry, age, physical or
mental disability, medical condition, pregnancy, military status, veteran
status, genetic information, citizenship, disability status, marital status,
family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process
for individuals with disabilities. If you require a reasonable accommodation to
participate in the application or interview process, speak to your recruiter to
discuss how we can support you.
Job Tags
Full time, Part time, H1b, Work at office, Visa sponsorship, 1 day per week