Opportunity OverviewAre you a risk professional who is interested in shaping how AI risks are governed? We are building a team focused on executing the firm's Enterprise Risk Management framework to identify, assess, mitigate, and escalate AI risks-including generative and agentic AI-arising from strategic business activities.
The Senior Risk and Control Associate - AI Risk & Governance will effectively control the risks associated with business activities via the execution of firm's Enterprise Risk Management framework for identifying, assessing, treating, mitigating, monitoring, reporting and escalating AI risks (including generative AI and agentic AI related risks) along with other risks generated by Firm Strategy Division including EJ Ventures, EJ Labs, and Pricing.
What you'll do:- Responsible for carrying out risk and control activities per the Enterprise Risk Management Program as well as any divisional-required elements.
- Understands and advises team on division processes, historical risk results, firm policies/programs including all Enterprise Risk Management Program Framework and Standards.
- Support risk-based governance throughout the AI lifecycle, including intake, classification, assessment, approval support, implementation readiness, inventory management, material-change review, ongoing monitoring, and retirement or reclassification.
- Assess emerging AI capabilities, including generative and agentic AI, and help develop fit-for-purpose governance, control, monitoring, and escalation approaches as technologies and associated risks evolve.
- Primary focus includes issue/incident management, control testing, critical business process mapping/inventorying and risk assessment support including new projects and initiatives.
- Assist Business Owners in ensuring policies, standards and procedures are consistent with ERM policies and standards.
- Supports business risk owners in evaluating remediation strategies and control enhancements
- Executes risk management procedural requirements for open high risks including root cause analysis, action plan development, evidence, and remediation documentation including supporting and challenging business risk owners on action plan effectiveness.
- Reviews emerging risk concerns and provides early warning on key risks with divisional leadership. Works to develop, inventory and report on KRIs for the division.
- Use a GRC to document risk issues and assessment data.
- Assists leadership in developing reporting and analyzing results for inclusion in risk forums.
- Serve as an AI risk and governance resource to business, product, technology, and risk partners by providing practical guidance, education, and reusable materials.
- Assists in development of risk training and education to business partners. Assists divisional associates in understanding the Enterprise Risk Management Program
- Maintain knowledge of AI technologies, emerging risks, regulatory and industry developments, and evolving risk-management practices, and apply relevant developments to the team's governance approach.
This position is known internally as Senior Risk and Control Associate.
Position RequirementsMinimum Requirement:- Bachelor's degree required
- 6+ years of risk management experience required
- Experience in financial services
- Experience with Microsoft Office and GRC tools.
- Experience in building relationships and networks, at varying levels in the organization.
- Strong written and verbal communication skills, with ability to tailor communication based on the audience.
What could set you apart: - Bachelor's Degree (Computer Science, Finance, Risk Management or Data Science preferred)
- Advanced degree or industry designation preferred
- Previous experience with investment advisory or wealth management preferred
- Experience conducting risk assessments or evaluating control environments for technology, data, digital, model, or AI-enabled initiatives.
- Experience preparing governance or decision materials for leadership and risk forums
- Working knowledge of AI concepts, including generative AI, agentic AI, AI models, AI platforms, and third-party AI
- Familiarity with AI and machine-learning concepts, testing and evaluation approaches, explainability, human oversight, data considerations, and model or system monitoring.
- Experience with financial industry regulations (SEC, FINRA, Basel III, GDPR, AI Act)
- Knowledge of enterprise risk management frameworks in financial services
- Familiarity with relevant AI risk-management frameworks, regulatory developments, and industry guidance, such as NIST AI RMF and applicable ISO standards.
- Ability to translate AI risks into financial and regulatory impact assessments
Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.Salary InformationEdward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.
