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Senior Risk Manager

Location: Saint Charles
Posted on: November 23, 2022

Job Description:

At Edward Jones, we help clients achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions. To ensure a personal client experience, we have located our 15,000+ branch offices where our more than 7 million clients live and work.

In a typical branch office, a financial advisor meets with clients and receives branch office support, so they can focus on building deep relationships with clients. Headquarters associates in St. Louis, Tempe and Mississauga provide support and expertise to help U.S. and Canada branch teams deliver an ideal client experience. We continue to grow to meet the needs of long-term individual investors.The Wealth Management Advice and Solutions (WMAS) Risk Management function is a first line risk capability responsible for the execution of the risk management framework within WMAS business with an expanded focus on existing and enhanced advice, planning, products, and services. The Senior Risk Manager will join the Wealth Management Advice and Solutions Risk Management department and will be responsible for executing capabilities within WMAS to better understand, effectively manage and communicate the risk profile of the division. This includes the execution of the firm's risk management framework, in adherence to Enterprise risk standards by identifying, measuring, responding to and reporting on the operational risks of WMAS's business.

Key Responsibilities:
Contribute to a team that leads risk management capabilities in accordance with the firm's risk management framework and serve as trusted risk manager and partner who is seen as providing value and risk coverage to WMAS functional capabilities by:

  • Actively identifying, quantifying, and reporting risk across WMAS highlighting key risks to enable risk-based decisions, actions by WMAS business leadershipProvide insights to enhance controls in partnership with WMAS business segment stakeholdersSupport WMAS business segment stakeholders when conducting risk assessments in accordance with enterprise risk frameworksFoster effective partnerships across the firm with risk subject matter experts to implement risk programs commensurate with the risk profile, i.e. Digital Risk, Operational Risk, Strategic Risk, Legal and Compliance, etc.Participate in monthly forums with WMAS business stakeholders to ensure ongoing risk coverage and oversightParticipate and lead the evaluation risks, action plans, control design effectiveness and trends in other relevant risk indicators, including external risk events and emerging risks with owners of risk
  • Identify opportunities and execute plans to mature the 4 Pillars of the WMAS risk management framework - Risk Identification, Risk Measurement, Risk Response, Risk Insights
  • Continue to develop and share deep knowledge and understanding of broader industry, risk management best practices and discipline and emerging risks to the financial services industry
  • Champion a strong risk culture for the division via elevating the risk knowledge base of associates and leaders of the division and deploying risk management best practices across the division
  • Participate in divisional representation to consult on, co-create, execute and align on key ERM initiatives
    • Bachelor's degree requiredSeries 7 required or attainable within twelve months of hire 6+ years risk management, internal controls, internal audit, or comparable experience with comprehensive knowledge of risk management
    • Relevant or comparable industry experience preferred, such as financial services, wealth management, asset management, investment products, etc.
    • Experience in building relationships and networks, at varying levels in the organizationStrong analytical, problem-solving and systems thinking skillsStrong written and verbal communication skills, with ability to tailor communication based on the audience
    • Ability to lead in an environment of significant change
      • 100 Best Workplaces for Millennials in 2022, published Fortune July 2022, Great Places to Work - data as of March 2022. Compensation provided for using, not obtaining, the rating.
        • Edward Jones was recognized as one of the Best Workplaces for Millennials by Great Places to Work - and Fortune - magazine. The privately held firm ranked No. 2 overall, in its fourth appearance on the list.2022 Fortune Best Workplaces for Women, published September 2022, research by Great Places to Work -, data as of August 2021. Compensation provided for using, not obtaining, the rating.
          Edward Jones has been named to the 2022 Best Workplaces for Women list by Great Places to Work - and Fortune - magazine, ranking No. 45.2022 Fortune's 100 Best Companies to Work For, published April 2022, research by Great Place to Work -, data as of August 2021. Compensation provided for using, not obtaining, the rating.
          For the 23rd time, Edward Jones has earned a spot on the Fortune 100 Best Companies to Work For - ranking by Great Places to Work - and Fortune - magazine. Edward Jones ranked No. 35 on the prestigious 2022 list.2022 Best Places to Work For LGBTQ+ Equality, Great Place to Work - in partnership with Human Rights Campaign Foundation, published Equity Magazine January 2022, data as of July 2021. Compensation provided for using, not obtaining, the rating.
          Edward Jones scored 100 percent on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI) the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The ranking designated Jones as one of the best places to work for LGBTQ+Equality.Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.At Edward Jones, we value and respect our associates and their contributions, and we recognize individual efforts through a rewards program that promotes a long-term career, financial security and well-being. to learn more about our total compensation approach, which in addition to base salary, typically includes benefits, bonuses and profit sharing. The salary range for this role is based on national data and actual pay is based on skills, experience, education, and other relevant factors for a potential new associate:
          Salary: $76798 - $130764
          Category: Headquarters

Keywords: EDWARD JONES, Elgin , Senior Risk Manager, Executive , Saint Charles, Illinois

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