Essential Duties and Responsibilities
Establishes and oversees the implementation of a risk management framework for the business unit, to include defining the business appetite for risk taking and establish appropriate controls.
Conducts and presents regular risk reviews in order to provide an independent perspective of the business and to keep pace with the changing business environment.
Continuously monitors and analyzes the businesses risk profile and tolerance to include daily risk monitoring across all relevant risk stripes including market, credit, liquidity and operational risks.
Identifies emerging risks and advises on risk mitigation strategies.
Leads the development and implementation of risk assessment and quantification models needed to risk manage the business
Oversees and evolves risk reporting processes to enhance the accuracy and effectiveness of risk information.
Ensures the business risk management practices comply with regulatory requirements and industry best practices. Also, engages with regulators to provide essential risk context.
Reports risk-related data including risk exposure, compliance to risk policies, and effectiveness of current risk management strategies to the Board of Directors, senior management and various risk committees.
Collaborates with the business and other key stakeholders to evaluate the risk associated with potential mergers and acquisitions, new product offerings, and other initiatives.
Performs other duties and responsibilities as assigned.
Qualifications
Knowledge of:
Advanced knowledge of risks and regulations in all aspects of the Private Client and Asset Management
Risk assessment methodologies.
Risk governance structure and design.
Risk policy and procedures.
Infrastructure design, risk controls and segregation of duties.
Relevant risk based regulatory schemes including Basel I and Basel II and current rules under review.
Sarbanes Oxley regulations.
Software development processes.
ISDA/CSA, and MBA documentation with the ability to provide advice on such documentation negotiation from the credit perspective.
Securities/Private Client and Asset Management products and an understanding of the market standard risk management practices.
Skill in:
Risk operations, work processes, internal controls and banking regulations.
Excellent communication skills to clearly articulate matters while working with internal and external clients.
Planning and scheduling work to meet regulatory organizational and regulatory requirements.
Identifying and applying appropriate monitoring procedures.
Preparing oral and/or written reports.
Making rule-based and analytical decisions.
Project management skills and with experience to successfully complete long- and short-term projects.
Analytical thinking with demonstrated experience identifying and quantifying complex problems and providing effective resolutions.
Ability to:
Author policies, procedures, and prepare risk reports for the Executive Committee, Board of Directors, and regulatory agencies as required.
Read, analyze, and interpret complex documents.
Respond effectively to the most sensitive inquiries or complaints.
Deliver persuasive speeches and presentations on controversial or complex topics to top management, public groups, and the Board of Directors.
Apply mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
Apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Define problems, collect data, establish facts, and draw valid conclusions.
Effectively communicate verbally and in writing with management, customers, vendors and staff.
Perform human resource management activities.
Plan, assign, monitor, review, evaluate and lead the work of others.
Coach and mentor others.
Educational/Previous Experience Requirements Education/Previous Experience:
Bachelor's Degree (B.A.), preferably in Mathematics, with a minimum of fifteen (15) years of financial services experience required.
OR ~
Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
None required.
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.
Raymond James Financial...Flexible schedule Free uniforms Opportunity for advancement Training & development Join Our Team as a 1099 Independent Contractor Courier Driver! There is a reason why our contractor's average tenure is over 8 years, we take care of our drivers! If you...
...advance our technology and business processes to remain years ahead of what our competition is able to offer Job Overview: The Recruiter will be responsible for recruiting candidates who are currently active legal process servers or who are interested in gig work and...
Job Description Job Description Forklift Operator / Thomasville, NC Pay Range: 16.25. to 17.25 depending on shift and schedule Play a critical role in the dynamic distribution/warehouse industry when you become a Forklift Operator for our National Client located...
...Verizon, we power and empower how people live, work and play by connecting them to what... ...What were looking for You are a true consultative salesperson, who is energized by meeting... ...In this remote role, you'll work from home with occasional in-person trainings and meetings...
...Adecco is assisting a local client in recruiting for Quality Auditor opportunities (remote). This is an excellent opportunity to join a winning culture and get your foot in the door with a global organization focused on improving health outcomes and advancing health equity...