Associate Manager, Operational Risk

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 highly motivated, intellectually curious, and results-oriented Associate Manager, Operational Risk to join our Operational Risk Management team. This role is ideal for an energetic professional who thrives in a fast-paced environment, demonstrates strong critical thinking skills, and brings a high level of ownership, intensity, and organizational discipline to complex risk and project management initiatives. 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 required experience: Bachelor’s degree in Business Management , Finance, Accounting, or a related discipline. 5-8 years of experience with