Sr Risk & Control Associate - Third Party Risk Management

Team Overview:

We are seeking an experienced member to join our team in Third Party Risk Management (TPRM). This is part of Edward Jones' (EDJ) Sourcing organization and manages the risks associated with EDJ's use of and reliance upon Third Party relationships across all business lines.

The Senior Risk and Control Associate is responsible for executing the Firms TPRM program by evaluating, monitoring, and managing risks associated with Third Party Service Providers in alignment with the Firm’s strategic objectives and in compliance with applicable laws, rules, regulations, and legal agreements. This includes overseeing strategic and complex due diligence and risk mitigation efforts with cross-functional teams (e.g., Sourcing, Legal, Cyber, Privacy and Business Resilience) and collaborating with business stakeholders across the Firm.

What You Will Do: 

• Responsible for working directly and indirectly with Supplier Relationship Owners (SRO), Sourcing and/or other stakeholders to assess the inherent risks associated with using a product or service.

• Lead initial and ongoing Due Diligence to assess whether Third Party Service Providers are capable of (1) providing the product or service, (2) complying with applicable laws, rules, regulations, and Firm policies and (3) demonstrating effective risk management.

• Collaborate with cross-functional teams to identify risk outside the firm’s risk appetite and communicate them to SRO’s and Leadership.

• Help drive continuous improvement efforts in alignment with direction provided by leadership and industry standards.

• Coordinate with colleagues across departments (e.g., Cyber, Business Resilience, Model Risk, etc.) to assess existing and emerging risks related to the use of Third Party Service Providers

• Assist in the update and rollout of policies, standards and procedures in response to evolving risks, threats, and regulations.

• Perform analysis and prepare materials for Senior Leaders, Division Risk Groups and Enterprise Risk Management.

• Provide education of Third Party Risk Management processes and procedures to Business Stakeholders.

• Support the TPRM program governance framework, including risk assessments, audits, and reporting. 

• Support the rollout (e.g., prioritize, test, communicate) of enhancements to the Third Party Risk Management Tool.

• Stays informed on risk industry and educational/development opportunities.

What Experience You Need:

• BS/BA degree (or equivalent experience)

• Minimum of 4-6 years of experience in risk or specific field of related specialization

• Experience focused on third-party performance and risk management

• Experience with technology and tools that drive risk evaluation and tracks risks at the firm level

• Experience in building relationships and networks, at varying levels in the organization

Knowledge, Skills, and Abilities You Need: 

• Past experience illustrating experienced risk knowledge

• Ability to interact with Edward Jones internal teams (businesses, risk domain subject matter experts, etc.) and external third parties

• Strong negotiation, analytical and critical thinking skills.

• Effective verbal and written communication skills and ability to communicate financial and risk implications to drive decision making and alignment

• Strong understanding of relevant industry best practices and regulatory requirements for Third Party Risk Management

• Excellent analytical and problem-solving skills

• Ability to work independently and manage multiple priorities

• Demonstrated track record of applying independent judgement and driving decision making

• Strong business partnering skills

• Strategic thinking: Providing thought leadership in complex, ambiguous situations to deliver change in support of strategic vision

• Systems thinking: Ability to understand broader implications of decisions that lead to proactive identification to drive improvements and support of future state

• Strong interpersonal, written communication and presentation skills at all levels of organization

• Ability to lead in an environment of significant change

What Could Set You Apart: 

• Experience in risk management, risk mitigation and/or risk assessment within the financial services industry

• Certifications such as CTPRP, CISA, etc.

• Familiarity with Coupa Risk Assess Platform

Please note: 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 three days per week, with preference for Tuesday through Thursday.


Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act. Edward Jones is prohibited from hiring individuals with certain specified criminal history as set forth in Section 3(a)(39) and 15(b)(4) and Rule 17a-3(a)(12) of the Securities and Exchange Act of 1934, and conducts background reviews consistent with FINRA Rule 3110(e). A copy of a notice regarding the provisions of the Los Angeles County Fair Chance Ordinance is available at: dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf.

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.