Operational Risk Management Senior Analyst

About the role

The Operational Risk Management (ORM) Sr Analyst supports the Operational Risk Director in executing the Operational Risk Management program. This second‑line defense position contributes to the firm’s overall management of operational risk by overseeing first‑line defense activities through objective risk identification, assessment, monitoring, and reporting of the firm’s risk profile. The role provides leadership, consultation, and support for risk‑management techniques, practices, and procedures that protect the firm from loss and exposure.

Responsibilities

• Support key Operational Risk functional areas such as RCSA, including related assessment activities through analysis, coordination, issue tracking, and stakeholder follow‑up.
• Analyze KRIs, risk indicators, root causes, trends, controls, and taxonomy changes to identify themes, improvement opportunities, and risk‑aligned enhancements.
• Coordinate change requests, documentation, approvals, testing, and implementation tracking across ERM programs.
• Maintain ERM/ORM program plans, roadmaps, milestones, risks, issues, decisions, dependencies, and outcomes across various ERM initiatives.
• Prepare consolidated status updates, management reporting, agendas, presentation materials, and supporting analysis for leadership review.
• Coordinate stakeholder submissions, meeting schedules, reporting timelines, decisions, follow‑up actions, and closure of open items.
• Assist with stakeholder walkthroughs, including detailed documentation of processes, risks, and control enhancements to support ERM objectives.
• Support product and service enhancements, and other priority initiatives by coordinating requirements, deliverables, and implementation activities.
• Assist with external advisor and GRC vendor interactions, research requests, touchpoints, deliverables, and recommendations aligned with ERM priorities.
• Develop proposals, options, organizational roadmap analysis, and supporting materials for management review and stakeholder engagement.
• Perform other related duties as required.

Requirements

• Bachelor’s degree in Business, Finance, Management Information Systems or a related field.
• 5+ years of risk management/compliance experience and/or financial services industry experience.
• Knowledge and understanding of executing the Risk and Control Self‑Assessment (RCSA) program, including inherent/residual risk, control design, and issue management.

Skills

• Ability to communicate with all employee levels, including executives and the board of directors.
• Strong people‑management, internal consulting, and partnering skills.
• Ability to translate complex concepts into simplified solutions.
• Ability to determine how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
• Strong industry knowledge of best practices.
• Proficient in Microsoft 365: Excel, Word, PowerPoint, Visio.
• Preferred experience with a GRC (Governance, Risk, Compliance) software platform.

Pay

Salary range: USD $100,000.00 – $151,000.00 per year. Actual compensation may vary based on qualifications, skills, and overall competencies.

Benefits

• Discretionary bonuses
• Health, dental, vision, and prescription insurance
• Stifel Total Health Connect
• Flexible spending accounts
• Tuition and certification assistance programs
• Paid time off
• 401(k) and wellness initiatives
• Life insurance
• Additional comprehensive benefits (see Stifel careers site for full list)