Senior Compliance Analyst

About Our Company

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection.

Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Job Description

Key Responsibilities

• Conduct risk-based compliance testing and monitoring reviews of Ameriprise Bank, FSB business functions to assess adherence with applicable federal banking laws, regulations, and internal policies.
• Perform compliance reviews covering consumer banking products, operational processes, customer communications, marketing materials, and digital content, including consumer-facing websites.
• Identify compliance risks, control gaps, and process deficiencies; prepare detailed observations, root cause analysis, and recommendations for remediation.
• Research and interpret applicable regulatory requirements and assess their impact on business processes, products, and strategic initiatives.
• Partner with business stakeholders and compliance leadership to support implementation of regulatory requirements and corrective action plans.
• Review and analyze data to identify emerging compliance trends, issues, and potential areas of concern.
• Maintain documentation, testing workpapers, issue tracking, monitoring results, and reporting in accordance with department standards.
• Support regulatory change management activities by assessing regulatory developments and communicating impacts to business partners.
• Serve as a compliance resource for assigned business areas and provide guidance regarding compliance obligations and risk management practices.
• Collaborate with U.S.-based compliance, legal, risk, audit, operations, and business teams to support ongoing compliance oversight activities.
• Escalate significant issues, compliance concerns, and regulatory risks to Compliance Management as appropriate.
• Participate in special projects, regulatory examinations, internal audits, and compliance initiatives as required.

Required Qualifications

• Bachelor's Degree or equivalent combination of education and experience.
• 4-6 years of banking, compliance, risk, audit, regulatory or financial services experience.
• Strong understanding of consumer banking products, banking operations, and compliance risk management frameworks.
• Knowledge of regulatory requirements applicable to consumer banking, including guidance from:
  • Federal Reserve
  • Consumer Financial Protection Bureau (CFPB)
  • Office of the Comptroller of the Currency (OCC)
  • Federal Deposit Insurance Corporation (FDIC), where applicable
• Experience conducting compliance testing, monitoring, quality assurance, risk assessments, or control reviews.
• Strong analytical and problem-solving skills with ability to assess complex regulatory requirements.
• Excellent written and verbal communication skills.
• Intermediate to advanced Microsoft Excel, Word, and PowerPoint skills.
• Ability to work effectively in a global environment and support U.S. business partners during evening shift hours.

Preferred Qualifications

• 5+ years of banking compliance, regulatory compliance, internal audit, risk management, or related experience.
• Experience supporting U.S. banking compliance programs.
• Knowledge of consumer protection regulations, deposit products, lending compliance, advertising compliance, and fair banking requirements.
• Experience reviewing marketing materials, customer communications, disclosures, and digital banking content.
• Experience developing process maps, risk assessments, testing scripts, and compliance monitoring programs.
• Experience working with compliance management systems, issue management platforms, and regulatory change management tools.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time

Timings

India Business Unit

Job Family Group

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.