Risk Advisory Business Partner

TP ICAP • New York, NY

153d • $110,000 - $115,000

About The Position

A Risk Advisory Business Partner works closely with the business units to identify, assess, and mitigate operational and financial risks. They integrate risk management into strategic and change management initiatives, ensuring alignment with business objectives. Additionally, they provide expert advice and support in mitigating and managing risk exposure in a commercial way, deliver meaningful analysis and reporting to both the business and senior management, ensure compliance with the risk framework and business continuity management requirements, and conduct training to enhance risk awareness and competency across the organization.

Requirements

• A minimum of 7+ years working in an Operational Risk program for a medium to large Financial Institution.
• Bachelor’s degree in business, accounting, finance, or a related field; equivalent experience; a professional certification.
• Solid knowledge of the financial services industry and the regulatory framework in the Americas.
• Strong understanding of the Energy & Commodities market and associated products.
• Good understanding of risk models and measures, as well as industry best practice in operational risk management.
• Very good communication skills with ability to tailor one’s style to the audience.
• Excellent analytical skills and ability to interpret, summarize, and present data.
• Good project management, organization and prioritization skills.

Nice To Haves

• Additional risk-related experience.
• Understanding of electronic and algo trading.
• Good understanding of the post-trade workflow that supports the products noted above.

Responsibilities

• Collaborate with the business to identify and assess its material risks from business as usual activity, emerging risks, strategic and change initiatives.
• Support the business in risk assessment activity (e.g. Risk and Control Self-Assessment, Top Down Risk Assessment, Scenario Analysis, Root Cause Analysis).
• Work proactively with the business to define the Group’s risk appetite and review the business risk profile against risk appetite.
• Partner with the business to identify, assess, and manage risks that could hinder the achievement of long-term strategic objectives.
• Review new business requests to ensure a complete understanding of the initiative and its risk profile.
• Work with the business to ensure its end-to-end risk profile is managed actively and appropriately.
• Support the business in monitoring its end-to-end risk profile and ensure appropriate MI, analysis, and commentary are produced.
• Provide quality assurance over Events, Issues, and Policy Breaches.
• Provide independent oversight over business continuity plans and support business in developing remediation plans.
• Promote a risk-aware culture across the business and coordinate and conduct training sessions.

Benefits

• Annual Salary $110,000 - $115,000
• Hybrid work environment

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Bachelor's degree