Operational Risk Management Analyst

Raymond JamesSaint Petersburg, FL
Hybrid

About The Position

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.

Requirements

  • Fundamental concepts, practices and procedures of risk management.
  • Fundamental concepts of financial markets and products.
  • 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.
  • 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.
  • Bachelor’s Degree OR ~ Any equivalent combination of education, training or experience approved by Human Resources.
  • Bachelor’s: Business Administration, Bachelor’s: Economics, Bachelor’s: Risk Management
  • General Experience - 7 to 12 months

Nice To Haves

  • Other Certification Not Listed - Other

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.

Benefits

  • medical
  • dental
  • vision
  • life insurance
  • critical illness insurance
  • accident insurance
  • disability benefits
  • retirement savings
  • paid time off (including vacation, holidays, and sick leave)
  • parental leave
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