Sr Analyst, Risk ID

Job Description Summary

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.

Job Description

Essential Duties and 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

Knowledge, Skills, and Abilities

Knowledge of

• Fluency with MS Office Suite is required, including some experience with VBA

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

Skill in

• 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

Educational/Previous Experience Requirements

• Bachelor’s Degree
• Three (3) or more years of experience in a related field or an equivalent combination of education, certification or training
• Bachelor’s Degree (B.A.) in Finance, Accounting, Mathematics, or Engine