Ameriprise Financial Services, LLC

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

Responsible for supporting and maintaining the Model Risk Management framework consistent with business and regulatory requirements. Assist Model Risk Management leadership in meeting model risk governance and oversight requirements.

Key Responsibilities:

• Support and facilitate monitoring of model risk policy requirements and related metrics, escalate breeches, and manage exceptions.
• Create key reports for risk metrics used in senior level distribution.
• Perform subject matter expert reviews and oversight of model governance, model identification, model use and model controls in the first line of defense.
• Perform subject matter expert reviews and oversight of Artificial Intelligence use cases including identification and risk assessment.
• Maintain and enhance the model inventory and findings repositories tool for limited-scope projects.
• With supervision, design and deliver training to partners on policies, procedures, standards, and systems.
• Collaborate with senior management and colleagues in business and staff functions across the enterprise in the development, review and revision of model risk policies, procedures, and standards.

Required Qualifications:

• Minimum 5 years of experience in model risk management, analytical risk management or finance in banking or insurance.
• Proven ability to apply both strategic and analytic techniques to provide business solutions and recommendations.
• Ability to work effectively in a collaborative team environment.
• Solid analytical, quantitative, and problem-solving skills, the ability to interpret data, reach conclusions and take action.
• Excellent attention to detail and accuracy, with emphasis on controls, evidence, and auditability.
• Solid organization skills including multitasking and time-management.
• Strong working knowledge of Microsoft Excel, PowerPoint, etc.
• Ability to navigate fast paced, matrixed environment and manage competing priorities.

Preferred Qualifications:

• Model Risk Management experience or experience as a Business Analyst/Reporting Analyst in a Risk Management, or Audit Function.
• Strong working knowledge of Model Inventory software.

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(2:00p-10:30p)AWMPO AWMP&S President's OfficeBusiness Support & Operations

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.