Operational Risk Manager Jobs in Connecticut (NOW HIRING)

Conning is a leading global investment management firm with a long history of serving the insurance industry.

We develop customized investment strategies that address our clients’ unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning’s risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.

The Chief Risk Officer (CRO) leads the enterprise-wide risk management function with responsibility for overseeing and managing all aspects of risk across Conning. The CRO provides oversight of enterprise, fiduciary investment, operational, financial, regulatory and emerging risks, ensuring alignment with Conning’s strategy, client mandates, regulatory expectations, and our parent company’s risk framework.

This role is central to safeguarding Conning’s operating integrity, supporting informed decision making, and protecting long term enterprise value.

• Provide an independent view of risk across Conning and advise the Board, risk committees, and senior management on material risk matters.
• Design, implement, oversee, and maintain Conning’s enterprise risk management framework and policies, including financial, operational, ICT, strategic, and reputational risks.
• Identify, assess, monitor, and escalating material risks, emerging risks, and risk events in a timely and transparent manner.
• Provide independent oversight of fiduciary investment risks, ensuring adherence to client mandates, risk limits, and escalation protocols.
• Lead the preparation and delivery of regular and ad hoc risk reporting, including quarterly risk oversight reports and Board level materials.
• Conduct an annual assessment of the effectiveness of Conning’s risk management system and internal control environment.
• Lead and develop the risk management function, promoting strong risk culture and effective collaboration with business leaders.
• Serve as the primary liaison between the firm and our parent organization for all risk-related matters.
• Collaborate with our parent company’s risk management team to address concerns, provide insights, and align risk mitigation strategies.
• Manage several direct reports.

• 10+ years of experience in enterprise risk management within investment advisory, asset management, insurance, or other regulated financial services.
• Bachelor’s degree required. Advanced degree and/or professional risk credentials preferred.
• Strong understanding of enterprise and fiduciary investment risks, governance frameworks, and regulatory expectations.
• Proven ability to engage effectively with Boards, risk committees, and senior executives.
• Excellent written and verbal communication skills, strong analytical skills, exemplary attention to detail and Board level reporting.
• Ability to multi‑task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities).
• Highly motivated, proactive team player with a positive attitude.
• Outstanding reputation of professional integrity and maturity.
• Ability to clearly articulate views and supporting data.

• Strategic decision making skills with a high degree of latitude.

Conning is an equal opportunity employer. Our company embraces the principles of inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them.

If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning's core values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.