Controls & Governance Advisor, Advice & Wealth Management

Join the new Controls and Governance department as a highly skilled and motivated senior controls advisor within the Advice and Wealth Management (AWM) Division.

You will play a key role in developing solutions to business challenges and conducting analysis to help management proactively address potential risks to the firm or investors. The role requires close collaboration with business leaders and risk partners, including Compliance, Risk, and Internal Audit. The team will be essential in ensuring effective risk management, robust processes and controls, strong oversight, and operational resilience.

Responsibilities:

• Risk Management: Identify and analyze risks, determine risk tolerance and develop corresponding risk management strategies for new and existing products and processes. Communicated observations and work with business management on risk management strategies.
• Control Design and Monitoring: Support the development of efficient and effective control of the environment. Analyze control design and operating effectiveness. Conduct root cause analysis and remediation when controls fail, or gaps are identified.
• Policy Management: Assist in developing and implementing internal control policies and procedures. Ensure policies are effectively maintained, governed and monitored.
• Consultation and Analytical Support: Provide advice on improving our approach to managing and controlling risk. Respond to risk events to identify root causes, themes and additional areas where similar events could occur. Propose solutions and ensure causes are remediated within risk tolerance.
• Training and Awareness: Develop and maintain knowledge and awareness of the wealth and investment industry, risk and control practices, and regulatory and/or policy changes. Serves as a subject matter expert and trainer on risk and internal control matters.
• Special Projects: Participate in special projects and perform other duties as assigned.

Qualifications:

• Minimum of five years' related work experience, with two years’ experience in risk management.
• Proven experience in risk management, controls internal auditing, or regulatory compliance.
• Strong understanding of regulatory requirements and industry standards.
• Experience with advice and wealth management business preferred.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.