Senior Risk Analyst

This role will act as the First line of defense for Risk Management within the Banking Cash Solutions (BCS) First Line Risk Management team. Key responsibilities include overseeing quality control, developing new controls, prepare data summary analysis, internal trend reports, and presentations as required. Additionally, responsibility includes creating Risk Management reports or dashboards requested by leadership while executing essential first-line risk management function within Banking and Cash Solutions.

Operating Soundness - Supports the 1st Line Risk team to review processes on a periodic basis alongside the business to ensure the Risk Management Framework is embedded consistently across the organization. Which will then ensure there are effective controls in place to mitigate against risks. - This includes ensuring processes, risks and control inventories are up to date and support the objectives of the 1st Line risk team. - Review and refresh Business procedures and undertake risk and control reviews of processes alongside 1st Line Risk Managers - Reviews risk and control Key Risk Indicators ('KRI') that are impacted by Risk Events, Process Control Change (PCC) or other events which may cause them to be updated and reissued – propose updates to KRI owners - Plays a key role in the testing/QA of controls following the Risk Management framework. This involves the Bank Quality Assurance on a established controls, and undertaking control testing. - Supports 1st Line Risk managers/Business team in writing/reviewing select policies and procedures. - Runs tracker or project management for Issue Management related to Controls, as requested by 1st Line Risk managers

Risk Management ie (Assessments (Risk Control Self Assessment ('RCSA') Trends (Risk Indicators, Risk Events, External Events), Findings (1st Line Risk testing, RCS assurance, SOX, Bank Risk Testing) -Supports 1st Line Risk managers in coordinating and performing risk assessment activities and Risk Control Committee ('RCC') deep dives, prepares recommendations for presentation for OCC exams -Ensures timely and accurate Risk Event ('REV') incident recording and proposes escalation to 1st Line Risk managers, as required -Oversees REV action remediation -Reviews risk trends and recommends actions -Conducts risk-based testing at the direction of the 1st Line Risk manager -Supports 1st Line Risk teams in coordinating responses to findings from 1st Line Risk testing, RCS assurance or SOX/ISAE testing)

Governance ie. BU control meet -Supports preparation of agenda/papers for Business control meetings -Support preparation of updates where required for escalation purposes Keeping up to date with company-wide and industry best practices around effective operational risk management

About Our Company

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. 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.

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, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Timings

(2:00p-10:30p)

India Business Unit

AWMPO AWMP&S President's Office

Job Family Group

Business Support & Operations