Managing Director, Senior Risk Officer, TIAA Wealth & Advice Solutions

• Directs the establishment of short to mid-term risk and compliance strategies to support and protect the organizations operations.
• Advises on potential areas of compliance vulnerability and risk within the organization.
• Contributes to the design of corrective action plans for the resolution of problematic issues and provides overall direction on how to avoid or deal with similar situations in the future.
• Develops and implements strategies relating to response to alleged violations of rules regulations policies and procedures and advises on evaluation and initiation of investigative procedures.
• Influences the Board of Directors and others concerning compliance and ethics initiatives and ensures understanding of complex risk and compliance matters.
• Manages performance of teams through regular timely feedback as well as the formal performance review process to ensure delivery of high quality risk and compliance services and engagement motivation and development of teams.

• University (Degree) Preferred

• 10 Years Required

• Physical Requirements: Sedentary Work

The Senior Risk Officer will support efforts to establish and maintain a proactive forward-looking dialogue around enterprise risks emerging threats and risk mitigation strategies to ensure the business achieves its strategic objectives while operating within established risk appetite.

Risk Management Execution & Support

• Support the development and oversee the execution of enterprise risk management initiatives to proactively identify assess and mitigate material risks ensuring effective coordination and allocation of risk management resources across the organization.
• Assist the CCO in maintaining the Wealth businesss risk appetite framework monitoring adherence to established risk tolerances and escalating concerns to senior leadership as appropriate.
• Collaborate with business leaders to ensure that strategic operational reputational and regulatory risks are appropriately identified assessed and integrated into business planning processes.

Risk Assessment & Monitoring

• Implement comprehensive risk assessment methodologies to identify and evaluate emerging risks including market risk operational risk technology risk third-party risk and regulatory risk across all Wealth business lines.
• Support the development and maintenance of risk indicators metrics and reporting frameworks that provide timely insights into the organizations risk profile and the effectiveness of risk mitigation efforts.
• Coordinate risk-based monitoring testing and scenario analysis activities to verify that risk controls are operating effectively and identify opportunities for enhancement.

Risk Advisory & Business Partnership

• Partner with Legal Compliance and other corporate functions to provide integrated risk advisory services and ensure coordinated risk management across the enterprise.
• Work with business leaders to support Wealth product development and management initiatives providing risk assessments and mitigation recommendations for the firms managed accounts brokerage products and operations.
• Support the cultivation of a strong risk culture by promoting risk awareness accountability and transparency throughout the organization.

Regulatory & Compliance Risk Support

• Assist in assessing regulatory developments and their strategic implications for the business providing risk-based analysis to inform response strategies and regulatory engagement approaches.
• Support the establishment review and maintenance of risk management policies frameworks and documentation to address regulatory requirements and minimize regulatory risk exposure.
• Collaborate with other risk and compliance leaders to implement and execute risk management programs addressing sales practices conflicts of interest privacy and fiduciary responsibilities.

Risk Reporting & Stakeholder Communication

• Assist in preparing comprehensive presentations for senior management and the Board of Directors regarding the organizations risk profile risk appetite adherence emerging risks and risk management program effectiveness.
• Support the development of enterprise risk appetite reporting ensuring appropriate consideration of regulatory strategic and operational risks. Develop materials that capture risk trends emerging threats remediation efforts and mitigation outcomes.
• Participate in engagement with state and federal securities and insurance regulators supporting the CRO in representing the organizations risk management capabilities and assisting in regulatory examination preparation.

Operational Excellence & Team Leadership

• Implement and oversee risk management programs addressing quality assurance employment training conflicts of interest privacy reporting and record retention ensuring alignment with the overall risk management framework.
• Support corporate strategic initiatives by identifying associated risks and assisting the business in operationalizing risk mitigation requirements.
• Manage team performance through regular feedback and formal performance review processes to ensure successful delivery of risk management objectives and the development of team members.

Additional Qualifications

• Experience in a financial services company law firm or consultancy firm as a risk management professional compliance officer attorney or regulatory officer (SEC FINRA).
• Working knowledge of enterprise risk management frameworks risk assessment methodologies and risk governance structures.
• Strong knowledge of the Investment Advisers Act of 1940 FINRA rules and MSRB rules.
• Series 7 and 24 certifications or must obtain within the first six months after start date.
• 10 years of investment advisory broker-dealer or financial services risk management experience with 5 years of management experience.
• Experience in a senior risk management or compliance leadership role for a broker-dealer; Masters degree JD or risk management certification (FRM PRM or equivalent) preferred.
• Strong interpersonal skills and the ability to interact effectively with people at all levels of the organization.
• Ability to think critically and strategically finding creative and practical solutions to achieve objectives while managing complex risks.
• Excellent oral and written communication skills including the ability to deliver effective presentations.
• Ability to adapt to and support change in dynamic risk environments.
• Demonstrated ability to work collaboratively with cross-functional groups and provide tactical support to senior management.
• A highly collaborative team player who can effectively manage and influence relationships that are widely dispersed both functionally and geographically.

Anticipated Posting End Date:

Actual base salary may vary based upon but not limited to relevant experience time in role base salary of internal peers prior performance business sector and geographic addition to base salary the competitive compensation package may include depending on the role participation in an incentive program linked to performance (for example annual discretionary incentive programs non-annual sales incentive plans or other non-annual incentive plans).

Company Overview

Every worker deserves a secure retirement. For more than 100 years TIAA has delivered it for millions of people. Founded to help educators retire with dignity today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA were on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrows challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People Be Client Obsessed Lead with Integrity Own It and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveens entrepreneurial spirit where we work hard and work together to create lasting impact. Here every associate can grow through meaningful learning experiences and development pathwaysbecause when our people succeed our impact on clients lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients and is equally committed to the well-being of our associates. Thats why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health wellness and work life offerings that can help you achieve and maintain your best possible physical emotional and financial well-being. To learn more about your benefits please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age race color national origin sex religion veteran status disability sexual orientation gender identity or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page and you can read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone:

Email:

Drug and Smoking Policy

TIAA maintains a drug-free and smoke/free workplace.

Privacy Notices

For Applicants of TIAA Nuveen and Affiliates residing in US (other than California) click here.

For Applicants of TIAA Nuveen and Affiliates residing in California please click here.

ForApplicants of TIAA Global Capabilities click here.

For Applicants of Nuveen residing in Europe and APAC please click here.