Risk Analyst I

Advisor Group•Scottsdale, AZ

4d•Hybrid

About The Position

The Risk Analyst I will assist in building and executing Osaic’s risk management program. Under the direction and guidance of the direct supervisor, the Analyst will complete projects that improve documentation of key risks and controls, risk frameworks and protocols, and risk information and insights derived from data. The role involves working with subject matter experts and business leaders to learn and document processes, create workflow maps, identify risks and controls, and guide the development of risk metrics and reporting for senior leadership. The ability to identify data patterns and gaps in controls is critical. The position reports directly to the VP of Enterprise Risk. This is a full-time position with a hybrid schedule requiring at least four days per week in the office. Applicants must be located at one of Osaic’s listed hubs: Atlanta, Georgia; La Vista, Nebraska; Oakdale, Minnesota; Scottsdale, Arizona; or St. Petersburg, Florida.

Requirements

Bachelor’s degree from an accredited university in Business Administration, Finance, Accounting, Risk Management, or a related field.
High school diploma or equivalent (GED).
Entry-level experience: 0 to 1 year of previous work experience.
Strong listening and comprehension skills, including asking questions and maintaining focus.
Logic and reasoning skills to evaluate alternative solutions, conclusions, and approaches to problems.
Effective verbal and written communication skills appropriate to the audience.
Knowledge of financial services industry trends, major issues, and regulatory considerations.
Ability to develop creative ideas and solve problems in unusual or effective ways.
Ability to build and maintain constructive, cooperative working relationships.
Pleasant, cooperative attitude when working with others.
Time-management skills and ability to shift between multiple activities or sources of information.
Knowledge of Microsoft Office functions and applications, including cross-functional features.
Knowledge of data and data science techniques for identifying trends and creating predictions.

Nice To Haves

Master’s degree in Business Administration, Finance, Accounting, Risk Management, or a related field.
Compliance and/or Risk certifications in Wealth Management.
SQL, Power BI, or similar analytics certifications.

Responsibilities

Learn the business processes of business units under review and provide guidance on identified risks and control design.
Provide guidance regarding the Three Lines of Defense risk control framework.
Create process flow maps in Visio showing key decision points, ownership of process steps, and relevant risks and controls.
Meet with business managers, ask questions, listen, analyze discussions, and produce meaningful insights and accurate documentation.
Consult on assessing and enhancing the company’s risk management framework, including identifying risks and controls and accurately assessing control effectiveness.
Assess data to determine control effectiveness, trends, and red-flag events.
Create monthly metric reporting for specific risk programs and explain the findings to managers and senior leaders.
Review applicable regulations and written regulatory guidance for business units or risk programs.
Assess whether written supervisory procedures and firm policies adequately address regulatory requirements and business risks.
Perform other duties as assigned.