Sr Analyst, Risk ID

Raymond James•Saint Petersburg, FL

1d•Hybrid

About The Position

The Risk Identification (“Risk ID”) Function within Enterprise Risk Management (“ERM”) is responsible for facilitating the identification and management of material risks across all business units, functions, processes, and geographies. The Risk ID Function is a key input for ERM Risk Appetite and Scenario Design Functions, ultimately driving capital and liquidity stress buffers which ensure Raymond James remains resilient during periods of severe stress. Under general supervision, uses knowledge and skills, obtained through education and/or experience, training and/or certification, to conduct risk identification and quality assurance activities of limited scope and complexity and support the development, implementation and ongoing monitoring and reporting related to the Risk ID function. Participates in projects, programs, or processes with significant business impact involving cross-functional departments. Recommends process improvements and provides limited guidance to stakeholders requiring some evaluation and ingenuity to make moderately complex decisions. Resolves or recommends solutions within the functional area. Routine contact with internal stakeholders is required to ensure effective implementation and understanding of the function’s requirements.

Requirements

Knowledge of Fluency with MS Office Suite is required, including some experience with VBA
Ability to set clear goals and be held accountability for the outcomes
Enthusiastic, self-motivated, effective under pressure
Evaluating key controls and mitigation strategies within business processes
Preparing written reports and delivering oral presentations
Ability to Work well both individually and in teams: share information, support colleagues and encourage participation, and be proactive in notifying line management of developments or seeking guidance, when appropriate
Provide a high level of customer service
Interact with and influence key stakeholders
Simplify complicated topics/risk concerns for any audience
Interpret, analyze, and apply information to identify and recommend changes as appropriate
Balance conflicting resource and priority demands to meet tight deadlines within budgeted hours
Facilitate meetings
Attend to detail while maintaining a big picture orientation
Gather information, identify linkages and trends and apply findings to assignments
Read, interpret and apply financial and non-financial information from internal and external reports
Bachelor’s Degree
Three (3) or more years of experience in a related field or an equivalent combination of education, certification or training

Nice To Haves

Preferred Business knowledge: Wealth Management, Capital Markets, or Banking business models, and related products
Risk knowledge: Credit & Counterparty Risk, Treasury & Funding Liquidity Risk, and/or Non-Financial Risk, and related practices
Financial and regulatory reporting: Annual Reports, 10K, FFIECs
Technology: IBM OpenPages
Bachelor’s Degree (B.A.) in Finance, Accounting, Mathematics, or Engineering
Internship or work experience in a related field, preferred

Responsibilities

Collaborate extensively across multiple business and risk areas to identify Material Risks
Facilitate and ensure a cohesive approach to Risk ID, including assessment consistency, rigor and timeliness
Support the development and maintenance of Risk ID Standards and Tools/Technology
Support multiple stakeholders and projects concurrently from planning through reporting
Conducts continuous monitoring for assigned areas, including monitoring of key metrics and financial indicators to identify emerging trends
Engage with project management teams to identify and manage dependences to-and-from Risk ID and other programs; also, to proactively advise and assist related change initiatives
Build and maintain effective working relationships with stakeholders and internal assurance groups, demonstrating a culture of engagement and assistance
Use excellent communication skills to influence a wide range of internal audiences including respective product, function and business partners
Ensure the use of sound judgement to provide meaningful insights and opinions on risk and control environments
Support the preparation of materials ahead of meetings with regulators, auditors, and senior leaders
Represent the Risk ID Function in stakeholder meetings, as needed
Perform other duties and responsibilities, as assigned