Salary Range:

$90,000 USD - $115,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

Every day, we seek to improve financial security for people.  

As part of our continued efforts to enhance risk management practices, we are seeking a dynamic and detail-oriented Associate Manager, Operational Risk with robust project management capabilities to join our Operational Risk Management team. 

As a member of the Operational Risk team, you’ll be part of a collaborative and purpose-driven group that values integrity, innovation, and impact. This role blends core risk management responsibilities with hands-on project leadership, offering a unique opportunity to shape and strengthen our operational resilience. 

 Responsibilities 

• Conduct and facilitate operational risk activities, including risk assessments, control documentation and testing, event analysis, and remediation tracking. 

• Lead and coordinate cross-functional projects, ensuring timely delivery of risk initiatives through effective planning, execution, and stakeholder engagement. 

• Develop and maintain project plans, including scope definition, milestone tracking, and status reporting. 

• Produce timely and accurate operational risk reports for internal and external stakeholders on both scheduled and ad hoc bases. 

• Facilitate the SOC1 audit engagement and oversight as well as the quarterly bridge letter process. 

• Support the Russell Investments corporate insurance program. 

• Monitor changes to RI's business and risk profile and recommend changes to RI's global insurance program as appropriate.  

• Develop and implement risk management program policies and procedures. 

 Demonstrable skills and experiences required: 

• Bachelor’s degree in Business Management, Finance, Accounting, or a related discipline. 

• 5-8 years of experience with exposure to operational risk and/or internal/external audit.  

• Financial services or asset management experience preferred but not necessary. 

Skills & Competencies 

• Proven ability to execute and deliver high-quality results in a fast-paced environment with competing priorities and deadlines. 

• Demonstrated succ