Risk Analyst

Janney • Philadelphia, PA

7d

About The Position

The Risk Management Department plays a key role in the firm’s ongoing efforts to mitigate market, operational and regulatory risk. The Department currently concentrates its efforts on Securities Lending oversight, Operations and Control Testing and Third-Party Vendor Risk Management.

Requirements

• Four year college degree preferred, or equivalent industry experience required
• Over three years of work experience in financial services preferred
• Critical thinking skills, able to analyze scenarios and communicate the results effectively
• Team player with a sense of initiative and ability to execute with minimal direction
• Professional with relationship building skills who can collaborate across business lines
• Attention to detail and ability to multi-task in a fast-paced environment is essential
• Working knowledge of Microsoft Office Suite and Excel is required

Nice To Haves

• Knowledge of SQL and Capital Markets trading platforms would be a plus

Responsibilities

• Distribute daily Fixed Income risk reports to monitor inventory levels and hedging strategy
• Coordinate and manage firm-wide initial and ongoing due diligence process for vendor management
• Preserve the framework for monitoring of the securities lending business
• Research new counterparties and establish credit limits during onboarding
• Evaluate existing counterparties for financial stability and adjust limits accordingly
• Create hypothetical scenarios to assess exposure and review collateral obligations
• Monitor adverse contract differences, concentration thresholds and limit breaches
• Evaluate risk exposure and report deviations of concern to senior management
• Compile presentations and identify outliers for a weekly Operations meeting
• Interface with internal and external auditors to evaluate Janney’s control environment
• Perform and manage the annual Compliance Report for CFO certification
• Liaison between Grant Thornton and operational control owners
• Develop and execute tests to ensure internal controls are operating as intended
• Support Trading, Compliance, Operations, IT and Finance to meet their regulatory obligations
• Create Form Custody Report on quarterly basis as an addendum to the FOCUS filing
• Monitor suspense account balances and confirm managerial review of activity
• Develop and implement AI use cases to drive efficiency and streamline processes

Benefits

• Paid Parental Leave
• generous Paid Time Off
• eligibility for a $2,000 referral bonus
• Employee Ownership
• Professional Development Assistance Plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree