Risk Management Specialist, Operations

Edward Jones

5d

About The Position

The Omnibus Reconciliation team is seeking a highly skilled and detail-oriented Risk Management Specialist to support the firm's mutual fund reconciliation processes. This role plays a critical part in maintaining the accuracy and integrity of the firm's books and records by ensuring they are aligned with aggregate mutual fund positions held across multiple fund companies and assisting with data analysis that supports business decisions, regulatory compliance, and improves processes. The Risk Management Specialist is responsible for the management of the team risk and third-party vendor oversight management program, which includes performing periodic risk assessments, monitoring key risks / third party vendors, and reporting on risk and third-party vendor oversight to leadership. Risk and third-party vendor oversight is managed at the firm, department, branch, and team level. General responsibilities include the items below and may differ slightly based on the team.

Requirements

• Bachelor's degree or equivalent experience required. Concentrations in business, accounting, finance or management are preferred.
• 5+ years of experience in financial services (i.e. brokerage, mutual funds, insurance, asset management, etc.) preferred. Should include experience evaluating and implementing controls.
• Strong analytical skills, including evaluating information from multiple sources (client, account, financial, and market).
• Excellent verbal and written communication skills required, including presenting information to senior management both verbally and in writing. Experience addressing questions / inquiries from external organizations such as FINRA, SEC, Audit, Compliance, and Field Supervision is preferred.
• Must be able to make decisions in gray areas where little or no guidance is available. Consistent use of good judgment required, as decisions are complex, non-routine, risk-based judgment with high financial risk.

Nice To Haves

• Mutual Fund knowledge and/or reconciliation experience
• Vendor oversight experience
• Series 7 license

Responsibilities

• Manage product, regulatory, processing and/or financial risk through oversight of business processes, external factors, and third-party vendors.
• Report on the team's risk and third-party vendor oversight to senior leadership.
• Understanding the core business processes performed within the team and applying risk and third-party vendor management practices to identify risks and confirm they are mitigated, where appropriate.
• Assist with Audit, Compliance and Legal (including regulatory) inquiries.
• Act as a consultant to team leadership/fund management on process improvements and initiatives including but not limited to, risk and third-party vendor management.
• Ensure compliance with regulations and firm/team policies.
• Understanding broader industry/economic situations and any impacts they may have on risk and third-party vendor management policies/procedures

Benefits

• medical and prescription drug
• dental
• vision
• voluntary benefits (such as accident, hospital indemnity, and critical illness)
• short- and long-term disability
• basic life
• basic AD&D coverage
• 401k retirement plan
• tax-advantaged accounts: health savings account, and flexible spending account
• ten paid holidays
• 15 days of vacation for new associates
• sick time
• personal days
• a paid day for volunteerism
• bonuses
• profit sharing
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level