Senior Risk & Control Associate | AI Risk, Operations

Job title: Senior Risk & Control Associate | AI Risk, Operations

Company: Edward Jones


Job description: Innovate here. And see your ideas come to life.It’s an exciting time to work in tech at Edward Jones. We are making massive investments in emerging technologies to improve how we work with our clients and with each other. Relationships are the focus of our business model. And working in Technology here means using your skills to build, deliver and maintain the technologies that enable us to deepen and support those relationships. The best part? We develop and create our own industry-leading solutions internally. And you can be a part of it. Working with emerging new technologies. Creating platforms, programs and experiences that change how we work together – and support our client-first focus. Changing the future of our firm, the industry and the advisor-client relationship.Job OverviewPosition Schedule: Full-TimeThis job posting is anticipated to remain open for 30 days, from 13-Apr-2025. The posting may close early due to the volume of applicants.Team Overview:Effectively control the risks associated with business activities via the execution of the firm’s Enterprise Risk Management framework for identifying, assessing, treating, mitigating, monitoring, reporting, and escalating risks, with a specific focus on AI-related risks (including generative AI and agentic AI related risks).What You’ll Do:
The Sr. Risk & Control Associate assists divisional leadership in identifying, evaluating, mitigating, and monitoring the operational, strategic, financial, and other risks of the division. Assists in the executions of the risk management program, which includes performing and facilitating risk assessments, connecting the risks across reporting responsibilities and assisting leadership in prioritizing risk mitigation efforts. While this position is an individual contributor role, the person in this position will work in partnership with internal stakeholders, including divisional leadership, as well as risk representatives from across the organization.
Here are a few of the key responsibilities you will be a part of:

• Responsible for carrying out risk and control activities per the Enterprise Risk Management Program, including any divisional-required elements, with an emphasis on AI-related risks.
• Understands and advises the team on division processes, historical risk results, firm policies/programs, including all Enterprise Risk Management Program Framework and Standards, particularly in the context of AI.
• Primary focus includes issue/incident management, control testing, critical business process mapping/inventorying, and risk assessment support, including new AI projects and initiatives.
• Assist Business Owners in ensuring policies, standards, and procedures are consistent with ERM policies and standards and align to the firm’s use of AI policy.
• Supports business risk owners in evaluating remediation strategies and control enhancements, especially for AI-related risks.
• Executes risk management procedural requirements for AI use cases including open high risks, including root cause analysis, action plan development, evidence, and remediation documentation, including supporting and challenging business risk owners on action plan effectiveness.
• Reviews emerging risk concerns and provides early warning on key risks with divisional leadership, focusing on AI. Works to develop, inventory, and report on KRIs for the division.
• Uses a GRC tool (i.e., LogicGate) to document risk issues and assessment data, with a focus on AI-related risks.
• Assists leadership in developing reporting and analyzing results for inclusion in risk forums, with a focus on AI.
• Assists in the development of risk training and education to business partners, with a focus on AI.

Edward Jones’ compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm’s Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our .Hiring Minimum: $99200
Hiring Maximum: $168900Skills/RequirementsWhat Experience You’ll Need:

• Bachelor’s Degree (Computer Science, Finance, Risk Management or Data Science preferred)
• 5+ years of AI/ML and/or technology risk management experience, financial regulatory compliance
• Knowledge of AI/ML models
• Understanding of AI bias detection, explainability tools (SHAP, LIME), and model validation techniques
• Familiarity with programming languages used in financial modeling (Python, R, SQL) and cloud AI solutions (AWS, Azure. GCP)
• Experience with financial industry regulations (SEC, FINRA, Basel III, GDPR, AI Act)
• Knowledge of enterprise risk management frameworks in financial services
• Familiarity with AI risk management frameworks and guidance (NIST, ISO/IEC 23894, OECD)
• Ability to translate AI risks into financial and regulatory impact assessments

What Could Set You Apart:

• AI ethics-related credentials
• FRM, CFA, CRISC, CISM
• Experience in AI governance for investment, banking or financial industry
• Background in quantitative finance, algorithmic auditing, or regulatory AI risk assessments
• Experience using a GRC tool such as LogicGate

***Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday.***Awards & AccoladesAt Edward Jones, we are building a place where everyone feels like they belong. We’re proud of our associates’ contributions to the firm and the recognitions we have received.Check out our U.S. awards and accolades:Check out our Canadian awards and accolades:About UsJoin a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.View our .¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.#LI-HO

Expected salary: $99200 – 168900 per year

Location: Tempe, AZ

Job date: Tue, 15 Apr 2025 07:44:22 GMT

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