Risk Analyst, RCS

Raymond James•Saint Petersburg, FL

10d•Hybrid

About The Position

The Risk Analyst operates under the direct supervision of department leadership and supports the RIA & Custody Services Division by identifying, assessing, and communicating business and regulatory risks that affect independent Registered Investment Advisers and Introducing Broker Dealers on the Raymond James platform. This role strengthens the division’s risk framework through due diligence, control evaluation, trend analysis, and stakeholder partnership that improve decision-making, reinforce compliance, and mitigate operational risk.

Requirements

Foundational knowledge of risk management principles within custody and clearing businesses and the ability to apply them in a regulated financial services environment.
Working knowledge of financial markets, investment products, and relevant regulatory frameworks, including FINRA Rule 4311, the Investment Advisers Act of 1940, and Form ADV.
Proficiency with core business tools, including Microsoft Office applications and relationship management platforms such as Salesforce.
Willingness to adopt and responsibly use AI-enabled tools to enhance analysis, efficiency, and decision support while maintaining sound judgment and accountability.
Exercise sound judgment, connect detailed findings to broader business risk, and prioritize multiple assignments while meeting deadlines.
Build effective working relationships, communicate clearly in written and verbal formats, and deliver dependable support in both independent and team-based settings.
Apply research, analysis, and process discipline to improve workflow efficiency, support strong customer service, and maintain compliance with established standards.
Bachelor’s degree and at least one year of relevant financial services or risk-related experience, or an equivalent combination of education, training, and experience approved by Human Resources.

Nice To Haves

SIE and Series 7 preferred.

Responsibilities

Conduct due diligence on prospective and existing RIA and IBD clients and their authorized agents to support informed onboarding, monitoring, and platform access decisions.
Provide professional, timely support to internal and external clients by responding to inquiries, communicating risk-related requirements, and helping resolve issues through clear and effective interaction.
Collect, analyze, and synthesize data into reports, summaries, and working materials that identify trends, support business requests, and improve risk visibility.
Partner with business process owners to evaluate controls, identify gaps, and strengthen mitigation strategies across custody and clearing activities.
Maintain current knowledge of custody and clearing operations, regulatory developments, and market events that affect RIAs, IBDs, custodians, and clearing firms.
Build effective relationships across the organization to resolve issues, improve workflows, and support a strong risk culture.