Associate Manager, Operational Risk

Russell Investments • Seattle, WA

1d

About The Position

Every day, we seek to improve financial security for people. As part of our continued efforts to enhance risk management practices, we are seeking a dynamic and detail-oriented Associate Manager, Operational Risk with robust project management capabilities to join our Operational Risk Management team. As a member of the Operational Risk team, you’ll be part of a collaborative and purpose-driven group that values integrity, innovation, and impact. This role blends core risk management responsibilities with hands-on project leadership, offering a unique opportunity to shape and strengthen our operational resilience.

Requirements

• Bachelor’s degree in Business Management, Finance, Accounting, or a related discipline.
• 5-8 years of experience with exposure to operational risk and/or internal/external audit.
• Proven ability to execute and deliver high-quality results in a fast-paced environment with competing priorities and deadlines.
• Demonstrated success managing complex, cross-functional projects end to end (initiation through delivery), ideally within a risk, audit, or compliance environment.
• Proven effective communication skills, negotiation techniques, and the ability to influence stakeholders at all levels of the organization.
• History of demonstrating initiative, effective prioritization, and sound judgement.
• Highly organized with the ability to manage multiple priorities while maintaining attention to detail and strategic context
• Excellent written and verbal communication and interpersonal skills, with the ability to influence, build consensus, and collaborate effectively across all levels of the organization.
• Analytical mindset with strong problem-solving skills, sound judgment, and the ability to translate data and insights into clear, actionable recommendations.
• Proactive, self-driven approach to prioritization, multitasking, and continuous improvement
• Strong collaboration skills with the ability to work both independently and as part of a team.
• Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Nice To Haves

• Financial services or asset management experience preferred but not necessary.
• Familiarity with GRC platforms such as MetricStream is a plus.

Responsibilities

• Conduct and facilitate operational risk activities, including risk assessments, control documentation and testing, event analysis, and remediation tracking.
• Lead and coordinate cross-functional projects, ensuring timely delivery of risk initiatives through effective planning, execution, and stakeholder engagement.
• Develop and maintain project plans, including scope definition, milestone tracking, and status reporting.
• Produce timely and accurate operational risk reports for internal and external stakeholders on both scheduled and ad hoc bases.
• Facilitate the SOC1 audit engagement and oversight as well as the quarterly bridge letter process.
• Support the Russell Investments corporate insurance program.
• Monitor changes to RI's business and risk profile and recommend changes to RI's global insurance program as appropriate.
• Develop and implement risk management program policies and procedures.

Benefits

• annual performance bonus (subject to eligibility criteria)
• competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees