Senior Risk Manager, Compliance Testing

Opportunity Overview

Team Overview
Join a team that is building and evolving a new targeted compliance testing function focused on identifying and mitigating regulatory and compliance risks across the firm. As a Senior Risk Manager, Compliance Oversight, you will play a key role in shaping a risk-based testing program that goes beyond routine reviews providing oversight of key compliance risks across the firm through thematic and forward-looking testing. This is an opportunity to influence compliance oversight strategy, drive innovation in testing methodologies, and help strengthen the firm's overall risk management framework within the second line of defense.

What You'll Do
In this role, you will lead the execution and ongoing development of a targeted compliance testing program designed to evaluate high-risk areas across the organization. You will work across the enterprise to validate adherence to applicable regulatory requirements and ensure process and controls in place comply with applicable rules and mitigate risk inherent with non-compliance. You will also provide independent oversight, challenge, and deliver meaningful insights that support sound risk management and regulatory compliance.

Here are a few of the Key Responsibilities:

• Lead and execute targeted compliance testing activities across high-risk areas, applying risk-based methodologies and established testing standards.
• Assess the design and operating effectiveness of controls, policies, procedures, and business processes that support regulatory compliance obligations.
• Analyze testing results to identify control gaps, trends, root causes, and systemic compliance risks, and develop recommendations for remediation.
• Provide independent challenge of business practices, control environments, and corrective action plans to ensure identified risks are appropriately addressed.
• Support the enhancement of the firm's targeted testing framework, including methodologies, standards, procedures, and governance practices.
• Partner with stakeholders to identify, track, and validate remediation activities and sustainable control improvements.
• Contribute to the design and implementation of technology-enabled testing solutions, reporting capabilities, and data-driven testing approaches.
• Prepare and deliver reporting and presentations for senior leadership on key testing results, emerging risks, and compliance trends.
• Lead departmental initiatives and projects related to regulatory change, risk coverage, testing strategy, and continuous improvement efforts.

Position Schedule

Full-Time

EEO Statement

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.

Company Description

Join 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 Purpose, Inclusion and Citizenship Report.

¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.

Position Requirements

What You'll Need:

• Bachelor's degree required.
• 6+ years of experience in financial services, compliance testing, compliance oversight, risk management, internal audit, regulatory compliance, or related functions.
• Strong knowledge of regulatory compliance frameworks, risk management practices, control design, and testing methodologies.
• Experience conducting compliance testing, control assessments, regulatory reviews, or risk-based oversight activities within the financial services industry.
• Experience identifying regulatory risks and evaluating the effectiveness of policies, procedures, controls, and business processes.
• Demonstrated experience developing, enhancing, or executing testing frameworks, methodologies, governance programs, or compliance monitoring activities.
• Proficiency with data analysis, reporting tools, and technology-enabled testing solutions; experience with governance, risk, and compliance (GRC) platforms is preferred.
• FINRA Series 7 and Series 66 licenses, or the ability to obtain required licensing within 24 months of hire.

Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.

Salary Information

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 benefits page.