Private Wealth Risk Officer

AllianceBernstein L.P.; Nashville (TN); On-site; USD 80,000 - 120,000; Full time

Job summary

AllianceBernstein L.P. in Nashville, Tennessee seeks a professional for risk management in Private Wealth Management. The role involves implementing risk frameworks, creating dashboards, and conducting risk assessments to mitigate risks.

The ideal candidate will have a Bachelor's degree and 5-10 years of relevant experience, along with strong project management and analytical skills. AB values diversity and encourages all qualified candidates to apply.

Qualifications

• 5-10 years of relevant work experience, preferably with operational risk or process management.
• Self-starter with ability to work independently and as part of a team.
• Intermediate level understanding of the financial markets.

Responsibilities

• Implement a risk oversight framework for the Private Wealth business.
• Create and curate risk dashboards to track relevant risk factors.
• Manage projects and lead initiatives to implement risk mitigations.
• Execute comprehensive internal risk assessments across business lines.

Skills

Project management skills

Analytical skills

Communication skills

Attention to detail

Education

Bachelor’s degree

Job description

Who You'll Work With:

Bernstein Private Wealth Management ("Bernstein"), a subsidiary of AllianceBernstein L.P. (AB), provides advanced planning strategies and a wide array of investment management services to high-net-worth families, endowments, foundations, and institutions to help them reach specific financial objectives. Bernstein Private Wealth Management is distinguished among major wealth managers by its single focus, fostering alignment of interests and accountability in each client relationship. The firm tailors each client’s portfolio to minimize tax and volatility impacts, leveraging AB’s deep research expertise across asset classes and geographies.

What You'll Do:

• Implement a risk oversight framework to monitor and assess risk for the Private Wealth business.
• Lead and support strategic risk initiatives across Private Wealth areas to improve business functions and reduce risk.
• Identify new areas for improvement, uncover underappreciated risks.
• Create and curate risk dashboards to measure and track relevant risk factors.
• Present to the risk management team, business heads, and senior management on risk management efforts and initiatives.
• Assist with a new buildout of investment risk technology infrastructure for oversight.
• Utilize an Error and Incident Tracking System to diagnose thematic risks and develop proactive controls and solutions.
• Partner with compliance, legal, operations, portfolio management, sales, fund accounting, and other groups to establish a robust control environment.
• Complete risk reviews for at‑risk business processes, groups, or business units.
• Work with senior risk management professionals to highlight significant areas of concern and required action.
• Support the Risk Manager in operational risk analysis and other operational risk projects.
• Manage projects and lead initiatives to implement risk mitigations.
• Identify and monitor Key Risk Indicators.
• Participate and lead in various working groups and forums focused on managing operational risk.
• Represent Private Client Risk as an ambassador within the firm.
• Execute comprehensive internal risk assessments to identify, evaluate, and mitigate regulatory risks across all business lines.

What We're Looking For:

• Bachelor’s degree.
• 5‑10 years of relevant work experience, preferably with operational risk or process management.
• Strong project management skills.
• Highly analytical with strong attention to detail.
• Superior communication and interpersonal skills to elicit consensus from senior managers and colleagues.
• Self‑starter with the ability to work independently and as part of a team.
• Intermediate level understanding of the financial markets.

Location:

Nashville, Tennessee

All are encouraged to apply. AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status, or any other basis that is prohibited by applicable law. AB’s policies and practices seek to ensure that employment opportunities are available to all employees and applicants based solely on job-related criteria.