Senior Operational Risk Management Associate

Job description

About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP. Job Description Technology Operational Risk Management (ORM) is a Second Line of Defense (2LOD) function responsible for providing independent oversight and credible challenge of technology and cyber risk management activities. This role supports execution of the Operational Risk Management framework through risk assessments, governance activities, risk event oversight, risk reporting, and stakeholder engagement to promote effective risk identification, management, and compliance with enterprise standards and regulatory expectations. Key Responsibilities Risk Assessments & Independent Oversight - Performs oversight and credible challenge of first-line technology and cyber risk management activities, including Risk and Control Self-Assessments (RCSAs). Reviews risk and control documentation for completeness and effectiveness, identifies potential gaps, and provides recommendations to improve risk management practices and control effectiveness Risk Events & Risk of Change Oversight - Provides oversight of Risk Events (REV) and Risk of Change (ROC) processes, ensuring risks are accurately identified, documented, assessed, escalated, and remediated. Supports governance forums through preparation of materials, tracking actions, and monitoring remediation activities. Governance, Reporting & Risk Analytics - Develops and maintains risk reporting, dashboards, Key Risk Indicators (KRIs), and management information to support risk governance and decision-making. Analyzes trends, identifies emerging risks, and provides meaningful risk insights to stakeholders and leadership. Business Partnership & Risk Advisory - Partners with technology and cyber security stakeholders to promote effective risk management practices, communicate ORM requirements, and provide guidance on risk identification, control design, and remediation activities. Supports audit and regulatory engagements as needed. Continuous Improvement & Team Support - Identifies opportunities to improve ORM processes, tools, reporting, and governance practices. Supports implementation of enhancement initiatives, shares best practices, and provides guidance and mentoring to less experienced team members Required QualificationsExcellent written and spoken English skills.Ability to work independently, as well as collaborate and lead cross-functional teams.Candidates should have proficiency with Microsoft Excel, Power Point and Power BI. Preferred Qualifications• Excellent written and verbal communication skills, with the ability to influence stakeholders at all levels • Ability to multi-task and operate in a fast-paced, deadline-oriented environment • Must be self-motivated, adaptable and demonstrate initiative in difficult circumstances • Proven ability to identify problems and work to successful resolution • Demonstrate a willingness to support change and initiatives within the ORM Program • Prior experience with Workiva or other GRC platforms is preferred • Established acumen in Governance-Risk-Compliance (GRC) through 1LOD or 2LOD roles Technical knowledge of risk management frameworks, applicable standards, and regulatory requirements including, NIST, COBIT, FFIEC, ISO27000, and other relevant IT governance frameworks. Full-Time/Part-Time Full time Timings (2:00p-10:30p) India Business Unit AWMPO AWMP&S President's Office Job Family Group Enterprise Risk Management Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, 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