Senior Risk Manager (Third Party Risk and Business Continuity)

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.

Russell Investments is seeking an experienced Senior Risk Manager to serve as a key member of the Global Risk Management (GRM) team. The successful candidate will lead the firm’s operational resiliency efforts globally and manage the Third-Party Risk Management (TPRM) and Business Continuity (BC) programs. The Senior Risk Manager will report to the Head of Operational Risk and plays a critical role in safeguarding the organization by proactively managing operational risks, promoting resilience, and ensuring adherence to risk related standards.

Your Core Responsibilities:

• Lead and manage a small team of risk professionals responsible for the third-party risk management and business continuity programs at Russell Investments.
• Maintain and enhance the TPRM program and oversee the execution of the program across the first and second lines of defense.
• Maintain and enhance the BC program (business continuity, crisis management, IT disaster recovery, facilities/life safety) and oversee the execution of business unit business impact assessments, business continuity plans and disaster recovery exercises globally.
• Prepare and present risk reports to senior management, relevant committees and stakeholders, highlighting key risk and mitigation strategies.
• Lead the assessment of TPRM, BC, and operational resiliency risks associated with new business, products, geographies and regulatory changes, as required.
• Assess and implement regulatory requirements for the TPRM and BC programs in collaboration with relevant business units.
• Develop a detailed understanding of the firm’s organizational and legal structures along with critical business units and their processes globally.
• Drive the operational resiliency culture of the organization through application of the risk management process.
• Support, challenge and educate the First Line using influencing and negotiating skills to identify, assess and control TPRM and BC risks.

Your Expertise:

• Bachelor's Degree required.
• MS or MBA, preferred.
• Minimum 6-8 years of experience in the finance industry.
• Strong understanding of risk management frameworks and best practices.
• Experience managing third party and/or business continuity programs.
• Experience with risk management applications (GRC, BCP, TPRM) such as Metricstream, Archer, Everbridge, Venminder, DiligenceVault.
• Demonstrated initiative to work independently and engage, undirected, in execution of responsibilities while collaborating with a global team.
• Strong collaboration skills and ability to work in a matrixed, international organization.
• Ability to influence and manage cross-functional stakeholders with conflicting priorities.
• Demonstrate a curiosity and openness to learn from experiences and setbacks.
• Excellent communication skills, both oral and written.

Equal Employment Opportunity 

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation,  past or present unemployment status , or any other characteristic protected by law. 

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation,  past or present unemployment status , or any other characteristic protected by law.