Operational Risk Management Associate

Ameriprise Financial Services, LLC; India; Hybrid; INR 900,000 - 1,300,000; Full time

Job summary

Ameriprise India LLP is seeking a Technology Operational Risk Management (ORM) professional to support second-line risk oversight across technology and cyber risks. The role involves risk assessments, monitoring, documentation, and governance activities to ensure compliance with enterprise standards and regulatory expectations.

You will partner with first-line teams, assist in risk event tracking, and contribute to reporting dashboards and KRIs.

Qualifications

• 1-3 years of relevant experience with master's degree.
• Excellent written and spoken English skills.
• Ability to work independently, as well as collaborate and lead cross-functional teams.

Responsibilities

• Risk Assessments & Monitoring - Supports the execution of Technology and Cyber Risk oversight activities, including Risk and Control Self-Assessments (RCSAs), control monitoring, and risk identification activities.
• Risk Events & Risk of Change Support - Supports monitoring and tracking of Risk Events (REV) and Risk of Change (ROC) activities. Assists with documentation, reporting, issue tracking, and follow-up activities to ensure timely escalation and resolution of identified technology and cyber risks.
• Governance, Reporting & Data Management - Supports the development and maintenance of risk reports, dashboards, metrics, Key Risk Indicators (KRIs), and management reporting.
• Business Partnership & Risk Advisory Support - Works collaboratively with first-line stakeholders to communicate ORM requirements, risk management expectations, and governance processes.
• Continuous Improvement & Framework Support - Supports ongoing enhancement of ORM processes, methodologies, reporting capabilities, and governance practices.

Skills

English proficiency

Communication

Team collaboration

Education

Master's degree

Tools

Workiva

Job description

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 supporting the oversight of technology and cyber risks across the enterprise. This role assists in the execution of the Operational Risk Management framework by supporting risk assessments, risk event monitoring, governance activities, reporting, and risk oversight processes to ensure risks are appropriately identified, assessed, monitored, and managed in accordance with enterprise standards and regulatory expectations.

Key Responsibilities

• Risk Assessments & Monitoring - Supports the execution of Technology and Cyber Risk oversight activities, including Risk and Control Self-Assessments (RCSAs), control monitoring, and risk identification activities. Assists in reviewing risk documentation, collecting evidence, tracking action items, and ensuring adherence to ORM policies, standards, and procedures.




• Risk Events & Risk of Change Support - Supports monitoring and tracking of Risk Events (REV) and Risk of Change (ROC) activities. Assists with documentation, reporting, issue tracking, and follow-up activities to ensure timely escalation and resolution of identified technology and cyber risks.




• Governance, Reporting & Data Management - Supports the development and maintenance of risk reports, dashboards, metrics, Key Risk Indicators (KRIs), and management reporting. Ensures completeness, consistency, and accuracy of risk information used for monitoring and decision-making.




• Business Partnership & Risk Advisory Support - Works collaboratively with first-line stakeholders to communicate ORM requirements, risk management expectations, and governance processes. Supports risk reviews, policy adherence activities, and remediation tracking efforts to strengthen the control environment.




• Continuous Improvement & Framework Support - Supports ongoing enhancement of ORM processes, methodologies, reporting capabilities, and governance practices. Remains informed on emerging technology, cybersecurity, and operational risk trends and contributes to process improvement initiatives.

Required Qualifications

• 1-3 years of relevant experience with master's degree




• Excellent written and spoken English skills.




• Ability to work independently, as well as collaborate and lead cross-functional teams.

Preferred Qualifications

• Prior experience with Workiva or other GRC platform is preferred




• Technical knowledge of risk management frameworks, applicable standards, and regulatory requirements including, NIST, COBIT, FFIEC, ISO27000, and other relevant IT governance frameworks.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time

Full time

Timings

(2:00p-10:30p)

India Business Unit

AWMPO AWMP&S Presidents 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 recruiter to discuss how we can support you.