Risk Manager Securities Based Lending
About The Position
The Risk Manager will play a critical role in the First Line of Defense for Ameriprise Bank by identifying, assessing, monitoring and mitigating risks across lending products, with a primary focus on our securities-based lending (SBL) products. In this role, you will ensure adherence to internal risk frameworks and regulatory requirements while working closely with key business partners. Key Responsibilities Serve as the primary risk partner for securities-based lending (SBL) products under Ameriprise Bank. Implement and maintain risk management practices aligned with enterprise and regulatory standards. Lead regular risk and control self-assessments with business partners, including product management, operations, project management and other internal risk teams. Drive control evaluations, control testing and issue management for SBL. Collaborate with brokerage affiliate teams to manage risks associated with SBL and related activities. Mitigate risk by developing and/or monitoring operational metrics across business. Perform regular control testing and evaluations to monitor control performance. Support audits, regulatory exams, and internal reviews by providing documentation and responses. Develop and monitor key risk indicators (KRIs) and reporting for leadership. Provide guidance on risk policies, procedures, and governance frameworks. Enhance risk reporting with new ideas gathered from research, best practices, and knowledge. Mitigate risk by developing and/or monitoring operational metrics across business.
Requirements
- 2-5 years of experience in Risk Management within a banking environment
- Bachelor’s degree in finance, business, risk management, or related field
- Strong analytical, organizational, problem-solving and time management skills.
- Excellent communication and stakeholder management abilities.
- Ability to work independently and in a collaborative team environment.
- Proficiency in risk assessment tools and reporting platforms.
Nice To Haves
- Strong understanding of lending products and associated risks
- Proven ability to assess controls and manage operational risk
- Strong ability to lead, partner, and influence across all leadership levels
- Direct experience with securities-based lending or similar collateralized lending products
- Familiarity with broker-dealer or brokerage operations and regulatory requirements
- Knowledge of OCC, FINRA, and other relevant regulatory frameworks
- Active securities license (Series 7 or Series 24)
Responsibilities
- Serve as the primary risk partner for securities-based lending (SBL) products under Ameriprise Bank.
- Implement and maintain risk management practices aligned with enterprise and regulatory standards.
- Lead regular risk and control self-assessments with business partners, including product management, operations, project management and other internal risk teams.
- Drive control evaluations, control testing and issue management for SBL.
- Collaborate with brokerage affiliate teams to manage risks associated with SBL and related activities.
- Mitigate risk by developing and/or monitoring operational metrics across business.
- Perform regular control testing and evaluations to monitor control performance.
- Support audits, regulatory exams, and internal reviews by providing documentation and responses.
- Develop and monitor key risk indicators (KRIs) and reporting for leadership.
- Provide guidance on risk policies, procedures, and governance frameworks.
- Enhance risk reporting with new ideas gathered from research, best practices, and knowledge.
- Mitigate risk by developing and/or monitoring operational metrics across business.
Benefits
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
