Director-Risk Management

Ameriprise•Minneapolis, MN

2d•Hybrid

About The Position

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.

Requirements

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 and Series 24 licenses
FINRA Series 53 (or ability to obtain within 120 days)
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
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).

Nice To Haves

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

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