Risk Analyst

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally.

About the Role

The Risk Management Department plays a key role in the firm’s ongoing efforts to mitigate market, operational, and regulatory risk. The Department currently concentrates its efforts on Securities Lending oversight, Operations and Control Testing, and Third-Party Vendor Risk Management.

What You Are Good At

• Analytical ability – Able to effectively review information and data in order to identify issues and opportunities
• Communication – Must be able to effectively communicate verbally and in writing with senior-level leadership
• Initiative – Proactively look for opportunities to enhance our risk management framework
• Building Relationships – Connecting with others in a way that fosters trust and creates collaborative relationships

Responsibilities

• Distribute daily Fixed Income risk reports to monitor inventory levels and hedging strategy
• Coordinate and manage firm-wide initial and ongoing due diligence process for vendor management
• Preserve the framework for monitoring of the securities lending business
• Research new counterparties and establish credit limits during onboarding
• Evaluate existing counterparties for financial stability and adjust limits accordingly
• Create hypothetical scenarios to assess exposure and review collateral obligations
• Monitor adverse contract differences, concentration thresholds, and limit breaches
• Evaluate risk exposure and report deviations of concern to senior management
• Compile presentations and identify outliers for a weekly Operations meeting
• Interface with internal and external auditors to evaluate Janney’s control environment
• Perform and manage the annual Compliance Report for CFO certification
• Liaison between Grant Thornton and operational control owners
• Develop and execute tests to ensure internal controls are operating as intended
• Support Trading, Compliance, Operations, IT, and Finance to meet their regulatory obligations
• Create Form Custody Report on a quarterly basis as an addendum to the FOCUS filing
• Monitor suspense account balances and confirm managerial review of activity
• Develop and implement AI use cases to drive efficiency and streamline processes

Requirements

• Four-year college degree preferred, or equivalent industry experience required
• Over three years of work experience in financial services preferred
• Critical thinking skills, able to analyze scenarios and communicate the results effectively
• Team player with a sense of initiative and ability to execute with minimal direction
• Professional with relationship-building skills who can collaborate across business lines
• Attention to detail and ability to multi-task in a fast-paced environment is essential
• Working knowledge of Microsoft Office Suite and Excel is required
• Knowledge of SQL and Capital Markets trading platforms would be a plus

Benefits

• Paid Parental Leave
• Generous Paid Time Off
• Eligibility for a $2,000 referral bonus
• Employee Ownership
• Professional Development Assistance Plan