VP, Risk - Wealth Management

Vice President For Business Risk In Retail Wealth Management

Together we fight for everyone's opportunity for a better financial future. We will do this together with customers, partners and colleagues. We will fight for others, not against : We will stand up for and champion everyone's access to opportunities. The status quo is not good enough we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with and those we acquire throughout our lives are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.

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The Vice President for Business Risk in Retail Wealth Management will play a pivotal role in enhancing the risk management framework within the organization. Reporting directly to the Senior Vice President of Risk overseeing the retirement business, the VP will be responsible for identifying, assessing, and mitigating business risks, ensuring compliance with regulatory standards, and fostering a risk-aware culture. This leadership position requires a strategic thinker with strong analytical capabilities, deep industry knowledge, and the ability to communicate effectively across various stakeholders.

Key Responsibilities :

• Develop and implement a comprehensive risk management strategy for the Retail Wealth Management business.
• Monitor and assess business risks associated with product offerings, operational processes, and market conditions.
• Collaborate with the senior leadership team to align risk management initiatives with business objectives.
• Conduct regular risk assessments, stress testing, and scenario analysis to evaluate potential vulnerabilities.
• Ensure adherence to regulatory requirements and internal policies, driving compliance through effective risk governance.
• Provide training and guidance to teams on risk management best practices and foster a culture of risk awareness.
• Lead cross-functional projects to improve risk reporting, risk metrics, and overall risk management capabilities.
• Prepare reports and presentations for the Risk leaders and committees and other key stakeholders, detailing risk profiles and mitigation strategies.
• Act as the primary liaison with external auditors and regulators on risk-related matters.

Key Qualifications :

Key Candidate Profile Traits for Success :

This role presents an exciting opportunity for an experienced risk management professional to contribute to the success of the Retail Wealth Management business while ensuring robust risk governance and compliance practices.

Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and / or long-term incentives) based on the role to reward the achievement of annual performance objectives. Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and / or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$195,000 - $250,000 USD

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind : To help you and your family be well and stay well.

What We Offer :

At Voya, we have identified the following critical skills which are key to success in our culture :

Voya Financial is an equal-opportunity employer. Voya Financial provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by state or local law.

Voya is committed to the inclusion of all qualified individuals. As part of this commitment, Voya will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please reference resources for applicants with disabilities.