Senior Risk Manager - Investment Advisory

Edward Jones

5d

About The Position

The Senior Risk Manager – Investment Advisory serves as a trusted risk advisor and partner for the Wealth Management and Field Management (WMFM) 1st Line Risk Team. The role manages risks associated with the firm’s investment advisory activities and product offerings, collaborates with stakeholders on risk management initiatives, provides visibility into the WMFM risk profile, and supports the design and monitoring of risk mitigation plans. This is a hands-on individual contributor role focused on execution and influence rather than people leadership. Internally, the role is titled Senior Risk and Control Associate.

The WMFM 1st Line Risk Team identifies, assesses, manages, and elevates risks across WMFM while supporting implementation of the Enterprise Risk Management (ERM) Framework.

Requirements

• At least 5 years of risk management and/or audit experience.
• Bachelor’s degree.
• FINRA Series 7 license, or ability to acquire it within 12 months of hiring.
• Experience in financial services, specifically trading, wealth management, asset management, investment advisory, and/or financial planning.
• Strong analytical, problem-solving, and systems-thinking skills, including ability to independently identify, prioritize, monitor, communicate, and/or resolve issues, including root cause analysis.
• Strong written and verbal communication skills, with ability to tailor communication to the audience.
• Experience building relationships and networks at varying levels in an organization.
• Experience with Microsoft Office and GRC tools.

Responsibilities

• Execute risk and control activities for the Investment Advisory line of business in alignment with the Enterprise Risk Management (ERM) Program and divisional requirements.
• Manage issue and incident management, critical business process inventorying and mapping, and risk assessments for existing operations, new projects, and strategic initiatives.
• Advise the team on divisional processes, historical risk results, firm policies and programs, and ERM Program Framework and Standards.
• Partner with Business Owners to align policies, standards, and procedures with ERM requirements, and support Business Risk Owners in evaluating remediation strategies and control enhancements.
• Execute procedural requirements for open high risks, including root cause analysis, action plan development, evidence, and remediation documentation; support and challenge Business Risk Owners on action plan effectiveness.
• Review emerging risk concerns, provide early warning of key risks to divisional leadership, and develop, inventory, and report on Key Risk Indicators (KRIs).
• Use Governance, Risk, and Compliance (GRC) systems to document risk issues and assessment data, and support leadership in developing reports and analyzing results for risk forums.
• Serve as a resource to the team and divisional associates, and support risk training and education to help business partners and divisional associates understand the ERM Program.

Benefits

• Medical and prescription drug coverage
• Dental insurance
• Vision insurance
• Voluntary benefits, including accident, hospital indemnity, and critical illness coverage
• Short- and long-term disability coverage
• Basic life and basic AD&D coverage
• 401(k) retirement plan
• Health savings account
• Flexible spending account
• Ten paid holidays
• 15 days of vacation for new associates beginning on January 1 of each year
• Sick time
• Personal days
• Paid day for volunteerism
• Potential eligibility for bonuses and profit sharing
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior