What are the responsibilities and job description for the Director of Audit position at Ameriprise Financial Services, LLC?
About Our Company
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Job Description
Ameriprise Financial is looking to add a Director of Audit to the team! The individual in this role will plan and oversee multiple Risk and Control Services activities concurrently covering multiple businesses, functions, subsidiaries, and geographies. Be responsible for using a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Supervise activities to ensure consistency, quality, and compliance with department policies.
Key Responsibilities
Responsible for planning/overseeing multiple Risk and Control Services activities concurrently using a disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Provide thought leadership and guidance upward, downward, and to business partners. Supervise Risk and Control Services plan and the quality of activities and projects executed, on time, and within budget. Maintain detailed understanding of plan status for SOX/MAR/FDICIA and audit engagements. Provide input into the annual planning process.
Proactively coordinate across Risk and Control Services to ensure delivery of audit plan. Gather materials for input into Executive, Board, and Governance forums, as necessary. Understand the business to efficiently and effectively resolve complex issues and to perform complex risk assessments.
Present findings and recommendations to business leaders to gain concurrence and achieve timely corrective action. Serve as a key interface with Vice President level business leadership. Create recommendations for changes to the overall Risk and Control Services plan, processes, and methodologies. Perform ongoing review and adjustments of the plan to ensure activities are focused.
Lead/develop a team to effectively deploy resources to meet organizational needs. Arrange formal training or other experiences to foster learning and development. Develop goals and cascade goals to ensure alignment with the overall strategy. Perform ongoing capacity analysis to ensure resources are fully utilized. Provide action-oriented feedback and hold others accountable.
Coordinate with appropriate control groups in planning and executing assigned work. Ensure work is completed within established timelines. Proactively communicate/escalate challenges and roadblocks that impact ability to meet established timelines.
Required Qualifications
Bachelor's degree or equivalent
7 years of experience
Experience with leading and overseeing multiple concurrent projects
Industry experience in public accounting, internal audit, technology, or related financial services field
Broadly recognized for knowledge/understanding across multiple business lines and/or for demonstrated expertise in a critical subject matter area. Master-level project leadership skills
Ability to transfer knowledge and assist others to achieve proficiency in audit skills and business knowledge
Preferred Qualifications
Degree in Accounting, Finance or a related field
Advanced degree or professional certification (CIA, CISA, CPA, CFSA)
Financial Services experience
Public Company Experience
Broker-Dealer experience
Series 7
In-Office Collaboration
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
Base Pay Salary
The estimated base salary for this role is $140,200- $192,800/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Finance
Line of Business
FIN Finance
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Job Description
Ameriprise Financial is looking to add a Director of Audit to the team! The individual in this role will plan and oversee multiple Risk and Control Services activities concurrently covering multiple businesses, functions, subsidiaries, and geographies. Be responsible for using a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Supervise activities to ensure consistency, quality, and compliance with department policies.
Key Responsibilities
Responsible for planning/overseeing multiple Risk and Control Services activities concurrently using a disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. Provide thought leadership and guidance upward, downward, and to business partners. Supervise Risk and Control Services plan and the quality of activities and projects executed, on time, and within budget. Maintain detailed understanding of plan status for SOX/MAR/FDICIA and audit engagements. Provide input into the annual planning process.
Proactively coordinate across Risk and Control Services to ensure delivery of audit plan. Gather materials for input into Executive, Board, and Governance forums, as necessary. Understand the business to efficiently and effectively resolve complex issues and to perform complex risk assessments.
Present findings and recommendations to business leaders to gain concurrence and achieve timely corrective action. Serve as a key interface with Vice President level business leadership. Create recommendations for changes to the overall Risk and Control Services plan, processes, and methodologies. Perform ongoing review and adjustments of the plan to ensure activities are focused.
Lead/develop a team to effectively deploy resources to meet organizational needs. Arrange formal training or other experiences to foster learning and development. Develop goals and cascade goals to ensure alignment with the overall strategy. Perform ongoing capacity analysis to ensure resources are fully utilized. Provide action-oriented feedback and hold others accountable.
Coordinate with appropriate control groups in planning and executing assigned work. Ensure work is completed within established timelines. Proactively communicate/escalate challenges and roadblocks that impact ability to meet established timelines.
Required Qualifications
Bachelor's degree or equivalent
7 years of experience
Experience with leading and overseeing multiple concurrent projects
Industry experience in public accounting, internal audit, technology, or related financial services field
Broadly recognized for knowledge/understanding across multiple business lines and/or for demonstrated expertise in a critical subject matter area. Master-level project leadership skills
Ability to transfer knowledge and assist others to achieve proficiency in audit skills and business knowledge
Preferred Qualifications
Degree in Accounting, Finance or a related field
Advanced degree or professional certification (CIA, CISA, CPA, CFSA)
Financial Services experience
Public Company Experience
Broker-Dealer experience
Series 7
In-Office Collaboration
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
Base Pay Salary
The estimated base salary for this role is $140,200- $192,800/year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Finance
Line of Business
FIN Finance
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.
We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.
Salary : $140,200 - $192,800