Fixed Income Capital Markets Risk Analyst

About the Role

Supports the Fixed Income Capital Markets (FICM) Risk Management function by partnering with business areas to identify, assess, monitor, and manage risk. Helps strengthen the department’s risk and control environment by evaluating business processes and controls, analyzing information, contributing to risk management initiatives, and identifying opportunities for process improvement. Works collaboratively with associates across sales, trading, operations, technology, finance, compliance, legal, audit, and enterprise risk on recurring risk activities, business initiatives, and special projects.

The ideal candidate is intellectually curious and an early-career professional with strong analytical, problem solving, communication, and organizational skills. Prior experience in risk management or fixed income is not required. Success in this role is driven by learning agility, initiative, ownership, critical thinking, sound judgment, and the ability to work independently while collaborating effectively with others. This position provides an opportunity to build a strong foundation in financial services, fixed income capital markets, and risk management while contributing to meaningful business initiatives.

Responsibilities

• Promotes practical risk management and control practices that support the FICM business and its strategic objectives.
• Supports the identification, assessment, monitoring, and reporting of operational, compliance, market, credit, and other business risks.
• Conducts business process walkthroughs to document workflows, key risks, controls, dependencies, and opportunities to strengthen the control environment.
• Assists in maintaining risk and control assessments, control inventories, policies, procedures, issue logs, and risk acceptance documentation.
• Performs control testing and monitoring activities using established methodologies, including selecting samples, evaluating supporting evidence, documenting results, and identifying exceptions.
• Collects, validates, reconciles, and analyzes qualitative and quantitative information from multiple sources to identify trends, anomalies, emerging risks, and potential control weaknesses.
• Supports issue management activities by documenting observations, assisting with root cause analysis, monitoring remediation plans, and following up on corrective actions.
• Researches and interprets internal policies and standards, business requirements, regulatory guidance, and industry practices; summarizes findings and assesses potential business impacts.
• Assists with the planning and execution of risk management projects and other initiatives by coordinating activities, tracking deliverables, and communicating project status.
• Prepares professional reports, dashboards, presentations, committee materials, meeting summaries, and management updates to communicate risk information effectively.
• Supports internal and external audits and other independent reviews by gathering information, researching inquiries, and coordinating responses.
• Develops and maintains effective working relationships with business partners to gather information, support risk initiatives, and facilitate problem solving.
• Performs other duties and responsibilities as assigned.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field preferred.
• Relevant work experience, internships, academic projects, student organizations, leadership experience, or other demonstrated experience applying analytical, organizational, and communication skills are preferred.
• Prior experience in fixed income, financial services, or risk management is not required.
• Recent graduates and early-career professionals with strong analytical abilities, intellectual curiosity, and a demonstrated willingness to learn are encouraged to apply.
• Securities Industry Essentials (SIE) and Series 7 licenses are expected to be obtained within six months of the start date.
• General experience of 7 to 12 months.

Skills

• Foundational concepts in business operations, finance, economics, accounting, business management, or a related discipline.
• Basic principles of risk management and controls.
• Standard office applications, including Microsoft Excel, PowerPoint, Word, Outlook, and collaboration tools.
• Researching and interpreting policies, procedures, business requirements, and applicable regulatory guidance.
• Researching, validating, and synthesizing information from multiple sources to develop well-supported, evidence-based conclusions.
• Analyzing qualitative and quantitative information to identify patterns, trends, exceptions, and potential risks.
• Organizing complex or unstructured information and presenting it in a clear, logical manner.
• Documenting business processes, risks, controls, testing procedures, observations, and action plans.
• Evaluating supporting evidence to assess whether processes and controls are designed and operating effectively.
• Planning, organizing, and coordinating multiple assignments and deliverables in a deadline-driven environment.
• Preparing clear, concise, and professional written communications, reports, presentations, and meeting materials.
• Identifying process improvement opportunities and supporting the development of practical, risk-based solutions.
• Building productive working relationships with business partners to gather information and achieve shared objectives.
• Learning new concepts and developing an understanding of FICM business processes, products, systems, risk concepts, and regulatory requirements through training, self-study, and practical experience.
• Thinking critically to identify risks, evaluate mitigation techniques, and recommend practical solutions.
• Demonstrating ownership and accountability by following through on commitments, meeting deadlines, and delivering high-quality work.
• Working independently, clearly communicating status of projects and deliverables, and knowing when to seek guidance or escalate issues.
• Collaborating effectively while also being comfortable completing individual work and making progress without continuous oversight.
• Balancing competing priorities and adapting to changing business needs while maintaining accuracy, attention to detail, and meeting deadlines.
• Communicating complex information clearly and concisely, both verbally and in writing.
• Asking thoughtful questions, thinking independently, listening actively, and constructively challenging assumptions or incomplete information.
• Accepting feedback, incorporating lessons learned, and continuously developing technical and professional capabilities.
• Demonstrating intellectual curiosity, initiative, motivation, professionalism, integrity, and appropriate discretion.
• Earning trust and establishing effective working relationships across all levels of the organization through professionalism, collaboration, and responsiveness.

Benefits

This position is eligible for a benefits package that may include:

• Medical, dental, and vision insurance.
• Life insurance, critical illness insurance, and accident insurance.
• Disability benefits.
• Retirement savings.
• Paid time off (including vacation, holidays, and sick leave).
• Parental leave.

Eligibility for benefits and specific offerings may vary based on position and employment status. For more details, visit Myrjbenefits.com.

Pay

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.

Schedule

Travel: Less than 25%. Workstyle: Resident.