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. With direction and guidance from the direct supervisor, the Analyst will complete projects that improve documentation of key risks and controls, risk frameworks and protocols, and risk insights derived from data. The role engages subject matter experts and business leaders to map workflows, identify risks and controls, and help develop risk metrics and reporting for senior leadership. Success requires learning new processes, documenting them accurately, and identifying risks, controls, data patterns, and control gaps. The Analyst will learn the business processes of units under review, provide guidance on risks and control design, and support the company’s risk management framework. The role also assesses control effectiveness and data trends, prepares monthly metric reporting, and reviews applicable regulations and written guidance. The position reports directly to the VP of Enterprise Risk. This is a full-time hybrid position based at one of Osaic’s listed hubs: Atlanta, Georgia; La Vista, Nebraska; Oakdale, Minnesota; Scottsdale, Arizona; or St. Petersburg, Florida. Employees are required to work in the office at least four days per week.

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 appropriate 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.
Creativity in developing ideas and solutions to problems.
Ability to build and maintain constructive, cooperative working relationships.
Ability to manage time and shift between 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 certification.

Responsibilities

Learn the business processes of 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 decision points, ownership of process steps, risks, and controls.
Meet with business managers, ask questions, analyze discussions, and produce meaningful insights and accurate documentation.
Consult on assessment and enhancement of the company’s risk management framework, including identifying risks and controls and assessing control effectiveness.
Assess data to determine control effectiveness, trends, and red-flag events.
Create monthly metric reporting for specific risk programs and communicate 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.