Sr Director, Business Unit Risk and Compliance Liaison -Wealth Management

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

About the role

This position leads the centralized risk team for Wealth Management Solutions, with a focus on regulatory reporting, controls, committee governance, risk program coordination, policy oversight, and risk routines. The role is available in Minneapolis, MN or Charlotte, NC.

Responsibilities

• Provide direct oversight of governance, risk, and control functions to ensure controls are designed and operating effectively to mitigate operational, financial, regulatory, and compliance risk.
• Oversee regulatory reporting, control functions, reporting dashboards, general ledger reconciliations, and related reporting processes.
• Lead governance routines and committee coordination, including product, business review, risk, conflicts, and Regulation Best Interest governance forums.
• Own and coordinate key governance processes, including risk program meetings, regulatory budget management, requests and approvals, Risk Event management, process inventory, Risk and Control Self-Assessment oversight, testing coordination, and annual risk assessments.
• Oversee policy, procedure, and supervisory control governance, including written supervisory procedures, Regulation Best Interest disclosure procedures, books and records coordination, revenue sharing procedures, communications with the public, outside business activity tracking, business continuity planning, and self-monitoring routines.
• Coordinate internal and external audit activities, regulatory affairs requests, vendor risk oversight, licensing tracking and reporting, senior leader and process owner certifications, and contract repository governance.
• Act as a primary liaison with business partners, Internal Audit, Compliance, Legal, and regulators, including participation in industry advocacy efforts.
• Identify control gaps and deficiencies, assess risk exposure and materiality, and implement cost-effective remediation strategies.
• Build strong partnerships with senior leaders across Wealth Management Solutions and enterprise business partners to support governance, risk, regulatory, and operational objectives. Promote continuous improvement and a strong risk awareness culture.
• Lead and develop a team of risk professionals, including performance management, coaching, mentoring, and career development.
• Foster a culture of accountability, risk awareness, and continuous improvement.

Requirements

• Bachelor’s degree or equivalent experience.
• 10+ years of financial services experience with a focus on risk management, controls, and broker-dealer operations.
• Active FINRA Series 7 and Series 24 licenses required at hire.
• Strong knowledge of broker-dealer regulations and regulatory reporting frameworks.
• Experience leading risk, governance, audit, supervisory control, policy, licensing, vendor risk, and related oversight routines.
• Proven ability to influence and collaborate across business lines and external stakeholders.
• Prior team leadership experience.
• Strong relationship-building skills, including highly effective communication to identify and resolve or mitigate issues or risks.
• Strong analytical, organizational, and time management skills.
• Ability to drive results and meet deadlines to reduce risks.
• Strong written and verbal communication skills.
• Ability to work independently.

Preferred Qualifications

• Experience with advisory products, investment products, annuities, insurance, and retirement plans.

Schedule

This is an in-office role requiring at least four days per week on-site, with flexibility to work from home one day per week. Some roles may require additional in-office time or different expectations, which will be discussed during the hiring process.

Pay

The estimated base salary for this role is $122,400 - $168,300 per year. We have a pay-for-performance compensation philosophy. Initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. Most roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives.

Benefits

We offer a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to:

• Vacation time and sick time.
• 401(k) retirement plan.
• Health, dental, and life insurance.

Applicants must have valid work authorization that does not require visa sponsorship for employment in the United States.