Path to Advice Business Control Unit AVP – Client Segment Risk

About the role

The Path to Advice Business Control Unit (BCU) is a first line of defense risk function responsible for overseeing risks and controls for the Path to Advice business unit within Wealth Management Client Segments. This role serves as a risk advisor to Path to Advice, partnering closely with leadership to identify, assess, and help mitigate key risks.

Responsibilities

• Support expanding strategic initiatives / new capabilities requiring upfront risk assessment and control design
• Maintain continuous 1LoD coverage for Path to Advice control obligations
• Provide 1LoD risk sign-off / credible challenge for process changes, new initiatives, and control design
• Lead end-to-end exam/audit readiness for assigned coverage area
• Assure coordination across all three lines of defense throughout lifecycle
• Guide business partners in identifying, understanding and self-disclosing risks and defining subsequent action plans for remediation
• Coordinate Document Request Lists and ensure timely delivery of requests
• Schedule/Coordinate walkthroughs with various stakeholders
• Review audit reports and findings for accuracy
• In coordination with the business, develop appropriate Action Plans
• Track issues and action plans for remediation and ensure timely completion
• Own and maintain the business’s NFRA risk/control inventory ensuring evidence is audit-ready and aligned to current process/control design
• Manage operational risk incidents, remediate as necessary, and complete root cause analysis as required
• Support required reviews and updates of Policies and Procedures (P&Ps)
• Update Business Continuity Plans (BCP) and Business Impact Assessments
• Produce periodic operational risk reporting (KRIs/KPIs, incident themes, control health) for business leadership
• Support business in managing Artificial Intelligence use cases

Qualifications

• At least 4-6 years of experience within Financial Services, in a Risk Management, Audit or Compliance role preferred
• Knowledge related to Wealth Management a plus
• Bachelor’s Degree required
• Proven ability to manage delivery/execution of a wide range of tasks and initiatives
• Project management skills and the ability to effectively prioritize many competing assignments
• Strong analytical and problem-solving skills (critical thinking ability)
• Strong organization skills with the ability to multitask and prioritize; ability to work under pressure and to tight deadlines
• Excellent written and verbal communication skills and ability to interact at all levels of the organization and tailor messages appropriately
• Proven ability to work across departments to influence others and build strong relationships
• Attention to detail, high level of initiative and resourcefulness and ability to problem solve, demonstrate good business judgment and integrity
• Proficiency in MS Office applications (e.g., Word, Excel, PowerPoint, Project)
• Data analytics skills
• Proficiency in using Artificial Intelligence (writing prompts, creating agents, etc.)