Managing Director, Senior Risk Officer, TIAA Wealth & Advice Solutions

The Senior Risk & Compliance Officer directs operations of the organization's activities for risk management and compliance. It is responsible for the execution of organization's risk and compliance strategy. This job provides overall guidance in the identification of areas of vulnerability within the organization and oversees the development of corrective action plans to remediate concerns. This job also manages multiple teams within risk and compliance led by senior managers and managers.

Key Responsibilities and Duties

• Directs the establishment of short to mid-term risk and compliance strategies to support and protect the organization's operations.
• Advises on potential areas of compliance vulnerability and risk within the organization.
• Contributes to the design of corrective action plans for the resolution of problematic issues and provides overall direction on how to avoid or deal with similar situations in the future.
• Develops and implements strategies relating to response to alleged violations of rules, regulations, policies and procedures and advises on evaluation and initiation of investigative procedures.
• Influences the Board of Directors and others concerning compliance and ethics initiatives and ensures understanding of complex risk and compliance matters.
• Manages performance of teams through regular, timely feedback as well as the formal performance review process to ensure delivery of high quality risk and compliance services and engagement, motivation, and development of teams.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 10+ Years Required

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
11PL

The Senior Risk Officer will support efforts to establish and maintain a proactive, forward-looking dialogue around enterprise risks, emerging threats, and risk mitigation strategies to ensure the business achieves its strategic objectives while operating within established risk appetite.

Risk Management Execution & Support

• Support the development and oversee the execution of enterprise risk management initiatives to proactively identify, assess, and mitigate material risks, ensuring effective coordination and allocation of risk management resources across the organization.
• Assist the CCO in maintaining the Wealth business's risk appetite framework, monitoring adherence to established risk tolerances, and escalating concerns to senior leadership as appropriate.
• Collaborate with business leaders to ensure that strategic, operational, reputational, and regulatory risks are appropriately identified, assessed, and integrated into business planning processes.

Risk Assessment & Monitoring

• Implement comprehensive risk assessment methodologies to identify and evaluate emerging risks, including market risk, operational risk, technology risk, third-party risk, and regulatory risk across all Wealth business lines.
• Support the development and maintenance of risk indicators, metrics, and reporting frameworks that provide timely insights into the organization's risk profile and the effectiveness of risk mitigation efforts.
• Coordinate risk-based monitoring, testing, and scenario analysis activities to verify that risk controls are operating effectively and identify opportunities for enhancement.

Risk Advisory & Business Partnership

• Partner with Legal, Compliance, and other corporate functions to provide integrated risk advisory services and ensure coordinated risk management across the enterprise.
• Work with business leaders to support Wealth product development and management initiatives, providing risk assessments and mitigation recommendations for the firm's managed accounts, brokerage products, and operations.
• Support the cultivation of a strong risk culture by promoting risk awareness, accountability, and transparency throughout the organization.

Regulatory & Compliance Risk Support

• Assist in assessing regulatory developments and their strategic implications for the business, providing risk-based analysis to inform response strategies and regulatory engagement approaches.
• Support the establishment, review, and maintenance of risk management policies, frameworks, and documentation to address regulatory requirements and minimize regulatory risk exposure.
• Collaborate with other risk and compliance leaders to implement and execute risk management programs addressing sales practices, conflicts of interest, privacy, and fiduciary responsibilities.

Risk Reporting & Stakeholder Communication

• Assist in preparing comprehensive presentations for senior management and the Board of Directors regarding the organization's risk profile, risk appetite adherence, emerging risks, and risk management program effectiveness.
• Support the development of enterprise risk appetite reporting, ensuring appropriate consideration of regulatory, strategic, and operational risks. Develop materials that capture risk trends, emerging threats, remediation efforts, and mitigation outcomes.
• Participate in engagement with state and federal securities and insurance regulators, supporting the CRO in representing the organization's risk management capabilities and assisting in regulatory examination preparation.

Operational Excellence & Team Leadership

• Implement and oversee risk management programs addressing quality assurance, employment training, conflicts of interest, privacy, reporting, and record retention, ensuring alignment with the overall risk management framework.
• Support corporate strategic initiatives by identifying associated risks and assisting the business in operationalizing risk mitigation requirements.
• Manage team performance through regular feedback and formal performance review processes to ensure successful delivery of risk management objectives and the development of team members.

Additional Qualifications

• Experience in a financial services company, law firm, or consultancy firm as a risk management professional, compliance officer, attorney, or regulatory officer (SEC, FINRA).
• Working knowledge of enterprise risk management frameworks, risk assessment methodologies, and risk governance structures.
• Strong knowledge of the Investment Advisers Act of 1940, FINRA rules, and MSRB rules.
• Series 7 and 24 certifications or must obtain within the first six months after start date.
• 10+ years of investment advisory, broker-dealer, or financial services risk management experience with 5+ years of management experience.
• Experience in a senior risk management or compliance leadership role for a broker-dealer; Master's degree, JD, or risk management certification (FRM, PRM, or equivalent) preferred.
• Strong interpersonal skills and the ability to interact effectively with people at all levels of the organization.
• Ability to think critically and strategically, finding creative and practical solutions to achieve objectives while managing complex risks.
• Excellent oral and written communication skills, including the ability to deliver effective presentations.
• Ability to adapt to and support change in dynamic risk environments.
• Demonstrated ability to work collaboratively with cross-functional groups and provide tactical support to senior management.
• A highly collaborative team player who can effectively manage and influence relationships that are widely dispersed both functionally and geographically.

Related Skills

Adaptability, Collaboration, Communication, Compliance, Conflict Management, Detail-Oriented, General Risk Management, Problem Solving, Relationship Management, Risk Mitigation, Risk Reporting

Anticipated Posting End Date:

2026-05-07

Base Pay Range: $199,000/yr - $260,000/yr

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

Every worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our full EEO & Non-Discrimination statement is on our careers home page, and you can read more about your rights and view government notices here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities. 

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team: 

Phone: (800) 842-2755

Email: accessibility.support@tiaa.org

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TIAA maintains a drug-free and smoke/free workplace.

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