Operational Risk Management Analyst

Job Description Summary

As a Risk Management Analyst, you'll have the opportunity to learn from experienced professionals while developing valuable skills that will serve as the foundation for a long-term career.
In this role, you'll support risk management activities across the business, helping to identify potential risks, strengthen internal controls, and improve business processes. You'll analyze information, collaborate with team members across the organization, and contribute to solutions that help protect the firm and drive operational excellence.
This is an excellent opportunity to build a strong foundation in risk management while gaining exposure to multiple areas of the business. You'll receive mentorship, hands-on experience, and opportunities to develop skills that can open doors to a variety of career paths within financial services and corporate risk management.

This position follows a hybrid work schedule where the associate is expected to be in-office three days per week.

Job Description

Essential Duties and Responsibilities

• Supports ongoing risk management consulting activities for assigned area of responsibility in accordance with internal standards, relevant government statutes and regulations.

• Performs quality reviews to ensure the accuracy, completeness, and reliability of risk data, documentation, and reporting.

  Monitors and tracks remediation activities, follows up with business stakeholders, and validates completion of corrective actions to support effective risk mitigation.

• Partners with colleagues and business process owners to evaluate the control environment and develop recommendations to strengthen internal controls and mitigation strategies.

• Stays up-to-date with evolving regulatory changes and market events impacting the business.
• Develops and maintains an in-depth understanding of business areas, its products, and supporting functions.
• Performs data collection and analysis in compliance with program requirements to assist in identifying, analyzing and recommending changes to core business processes to minimize risk.
• Assists in performing reviews for assigned areas to identify key controls and mitigation strategies.
• Performs evaluations of key controls or remediation activities.
• Identifies, reviews, assesses and documents risk management and control issues in assigned business processes.
• Assists in preparing written reports and recommendations on the effectiveness of assigned business processes and risk mitigation activities.
• Builds and maintains key relationships with stakeholders demonstrating a culture of engagement and assistance.
• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of:

• Fundamental concepts, practices and procedures of risk management.
• Fundamental concepts of financial markets and products.

Skill in:

• Strong interpersonal skills for interfacing with all levels of management.
• Strong analytical skills, particularly with regard to assessing the probability and impact of an internal control weakness.
• Enthusiastic, self-motivated, effective under pressure.
• Proven ability to manage time and deliver against deadlines.

Ability to:

• Attend to detail while maintaining a big picture orientation.
• Gather information, identify linkages and trends and apply findings to assignments.
• Interpret and apply policies and identify and recommend changes as appropriate.
• Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.
• Meet tight deadlines within budgeted hours.
• Work independently, demonstrating initiative and problem solving skills.
• Establish and maintain effective working relationships at all levels of the organization.
• Provide a high level of customer service.

Educational/Previous Experience Requirements:

• Bachelor’s Degree
• OR ~
• Any equivalent combination of education, training or experience approved by Human Resources.

Education

Bachelor’s: Business Administration, Bachelor’s: Economics, Bachelor’s: Risk Management

Work Experience

General Experience - 7 to 12 months

Certifications

Other Certification Not Listed - Other

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

 

 

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 

We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

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