Sr. HR Risk Analyst IND @ Ameriprise Financial

Support the pro-active management of risk within the global HR function, advising and consulting with HR functional leads to promote risk awareness, maintaining methods which enable identification, effective monitoring and management of risk, adherence to regulatory standards and strong governance. Contributes to the delivery of operational and regulatory risk management objectives for HR India and supports the global HR Risk team in helping HR carryout their risk management obligations in line with policy and regulation

50%- Operational Risk Management:

• Support Global HR Risk in coordinating and performing risk assessment activities for India HR.
• Ensures timely and accurate Risk Event ( REV ) incident recording and proposes escalation to business leaders, as required.
• Oversees REV action remediation.
• Reviews risk trends and recommends actions.
• Conducts risk-based testing at the direction of the 1st Line Risk manager.
• Supports 1st Line Risk teams in coordinating responses to findings from 1st Line Risk testing, RCS assurance or SOX/ISAE testing.

30% Operational Soundness:

• Supports the HR Risk Team to review processes to ensure the Operational Risk Management Framework is embedded consistently across the organization. Which will then ensure there are effective controls in place to mitigate against risks. Ensuring processes, risks and control inventories are up to date and support the objectives of the 1st Line risk team.
• Plays a key role in the testing of controls following the Operational Risk Management framework. This involves the management of a control library, writing test scripts and undertaking control testing.

20% Risk Consultation:

• With the support of HR Risk Team advise and consult India HR functional leads to promote risk awareness and operational soundness.
• Review internal and industry best practices, risk/compliance guidance, champion 2nd line risk initiatives, and make enhancement recommendations to HR Risk.

Required Qualification:

3 to 5 years of experience with Bachelors degree or equivalent (4-years)

Excellent written and spoken English skills.
Risk/Control expertise: knowledge of current techniques in operational risk management, controls and operational soundness.
Analysis: ability to assess data points (e. g. inherent risk, residual risk, emerging risks, control effectiveness) to propose an actionable plan to bring data points into tolerance.
Testing: ability to test control design, effectiveness and evidencing.
Process Mapping: Be able to use Microsoft Visio to document a process or sub process in the form of flow document.
Oversight: support the HR Risk Team in oversight of unit deliverables with respect to the control environment.

Preferred Qualification :

Preferred Qualifications:
3-4 years of relevant experience with a master s degree.
Experience in risk controls development and testing.
Experience in leading projects and working with leaders across geographies.

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U. S. based financial planning company headquartered in Minneapolis with a global presence. 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 youre 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.