Risk Management Analyst

Job Description Summary

The Risk Management Analyst partners and collaborates with business units, corporate resource departments and external stakeholders to anticipate, identify, understand and manage key operational risks faced by the bank. The Risk Management Analyst will have responsibilities assigned with a specific focus, such as risk monitoring and testing or compliance training, with the expectation that they will assist in all areas as needed.

Job Description

Primary Functions of the Position:

• Performs monitoring and testing in support of the Banks Risk Management System. Prepares analysis of the monitoring and testing results and prepares draft reports and make recommendations to Risk Management for corrective action
• Assists with the review of third-party and internal products, processes, policies and procedures, marketing programs, advertising materials and other consumer communications to identify applicable regulatory risks and related controls
• Gain a deep technical understanding of the key systems used by Risk Management. (Training will be provided).
• Maintain the integrity and quality of the information in each system. This may include partnering with stakeholders in other departments to obtain any missing or outdated information.
• Assist in preparing material and resources for regulatory examinations
• Assists Risk Management in determining appropriate adjustments to the Banks compliance risk profile
• Coordinate and manage the implementation of system upgrades.
• Undertake projects that require analysis of the systems information to support Risk Management decision making.
• Develop dashboards and data visualizations to highlight key risk metrics and other changes in the underlying data.
• Assist in the development, production and maintenance of Risk Management reports and presentations.
• Work closely with other team members to manage requests for system enhancements
• Serve as a resource to others who may be using the systems to extract or upload information. This may include training new users.
• Manage onboarding and ongoing system access for team members and third-party providers.
• Performs other risk related duties as assigned by Risk Management

Essential Skills and Abilities:

• Proficient technical writing skills are required - presenting ideas in a clear, concise, understandable, and organized manner
• Proficient data compilation and analysis skills
• Effective planning, organizational, time management, and problem-solving skills
• Ability to work effectively under pressure. Flexibility and willingness to work at a rapid pace in strict time frames
• Skilled at handling a variety of assignments simultaneously

Education and Experience Requirements:

• Bachelors Degree in Business-related field, or equivalent years of experience
• 2-4 years experience supporting Risk Management initiatives
• Strong written and verbal communication skills
• Working knowledge of banking laws and regulations

Education

Bachelors: Accounting, Bachelors: Actuarial Science, Bachelors: Applied Mathematics

Work Experience

General Experience - 13 months to 3 years

Certifications

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.