Risk Officer

We are seeking a Nashville, TN based Risk Officer who will work within the Bernstein Private Wealth Risk Management Team and will be primarily responsible for:

• Implement a risk oversight framework to monitor and assess risk for our Private Wealth business
• Lead and support strategic risk initiatives across Private Wealth areas to improve business functions and reduce risk
• Identify new areas for improvement, uncover underappreciated risks
• Create and curate risk dashboards to measure and track relevant risk factors
• Present to the risk management team, business heads and senior management on risk management efforts and initiatives
• Assist with a new buildout of Investment Risk technology infrastructure for investment risk oversight
• Utilize our Error and Incident Tracking System to diagnose thematic risks and develop proactive controls and solutions
• Partner with compliance, legal, operations, portfolio management, sales, fund accounting, and other groups to establish a robust control environment

Responsibilities include:

• Work with senior risk management professionals to highlight significant areas of concern and required action
• Support the Risk Manager in operational risk analysis and other operational risk projects
• Manage projects and lead, help us continue to grow as a firm and work across teams as an advocate for risk management
• Lead projects to facilitate the implementation of risk mitigations
• Identify and monitoring Key Risk Indicators
• Participate in various working groups and forums focused on managing operational risk
• Join Industry Forums
• Represent Private Client Risk as an ambassador within the firm

Job Qualifications

• Bachelor’s degree
• 5-10 years relevant work experience, preferably with operational risk or process management
• Strong project management skills
• Highly analytical with a strong attention to detail
• Superior communication and interpersonal skills in order to elicit consensus from senior managers and colleagues in the firm
• Self-starter with the ability to work both independently and as part of a team.
• Intermediate level understanding of the financial markets

What makes this role unique or interesting?

This is an exciting opportunity for any person who enjoys process analysis, problem solving and continuous learning. The position provides exposure to all departments within the Private Wealth division and will be viewed as a go-to resource for many different aspects of the business.

What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate?

Excellent opportunity to get a comprehensive view of a wide range of activities in an Investment Management firm, learn and understand how critical processes are performed and optimized, and how they fit together. Be a part of a large, well established asset manager and be part of our ambitious growth plan.

Bernstein Private Wealth Management (“Bernstein”), also a subsidiary of AllianceBernstein L.P. (AB), provides advanced planning strategies and a wide array of investment management services to high-net-worth families, endowments and foundations, and institutions to help them reach specific financial objectives. Bernstein Private Wealth Management is distinguished among major wealth managers by its single focus and the resulting alignment of interests and accountability this brings to each client relationship. Bernstein’s integrated approach allows the firm to tailor each client’s portfolio, minimizing the effects of tax and volatility, with investment strategies that draw on AB’s deep research expertise across asset classes and geographies