- Support the team's ongoing risk management activities, liaising with the relevant parties to maintain regular risk management plans proportionate to RJIS which identifies and controls risk.
- Partner with colleagues and business process owners to evaluate the control environment and develop recommendations to strengthen internal controls and mitigation strategies.
- Develop and maintain an in-depth understanding of the different areas across the business including any products and supporting functions.
- Perform data collection and analysis in compliance with program requirements to assist in identifying, analyzing, and recommending changes to core business processes to minimize risk.
- Assist in performing reviews for assigned areas to identify key controls and mitigation strategies.
- Identify, review, assess and document risk management and control issues in assigned business processes.
- Assist in preparing written reports and recommendations on the effectiveness of assigned business processes and risk mitigation activities.
- Build and maintain key relationships with stakeholders demonstrating a culture of engagement and assistance.
- Stay up to date with evolving regulatory changes and market events impacting the business.
- An important part of the function will involve activities related to monitoring delivery of outcomes under the Consumer Duty: i.e., assisting the team with production of MI and reporting in preparation of the Consumer Duty and Conduct Committee and other oversight committees as the role develops.
- Under direct supervision, develop, review, and coordinate Operational and Business Resilience activities.
- Coordinate and monitor the current action plan for Operational and Business Resilience.
- In coordination with other departments (e.g., Operations, IT), oversee resilience controls, ensuring they are regularly reviewed, updated, and tested.
- Review and maintain up-to-date relevant documentation (self-assessment, communication policy), in coordination with key stakeholders.
- Assist the Team to identify and disclose resilience relevant risks and ensure they are captured in the appropriate tools and systems.
- Define and run effective test based on realistic scenarios to validate that the resilience processes, controls, and documentation address the potential threats.
- Assisting the Risk Team to assess that incident and crisis management activities are effective in resolving disruptions and identify any lessons learned.
- Assisting the Risk Team to monitor that business resilience is designed into any new process, IT or business change, technological enhancements or key person movement and ensure that appropriate controls and monitoring is introduced.
- Must have experience in Risk, ideally in Operational Resilience.
- Fundamental concepts, practices, and procedures of risk management (including risk assessment, with solid understanding of internal controls and mitigation strategies).
- Knowledge of risk and control frameworks and resilience risks relating to business operations, technology platforms, digital channels, third parties, etc.
- Knowledge across the following resilience disciplines: Risk Management, Business continuity, Incident and Crisis management, Disaster Recovery, and supplier/vendor management.
- Involvement in Incident management, crisis and recovery during significant events and major operational outages.
- Strong project management and interpersonal skills, makes sound decisions, exhibiting initiative and intuitive thinking.
- Experience of working in the financial services industry.
- Working understanding of the FCA Handbook, at least understanding of industry standards.
- 25-days of annual leave + bank holidays + holiday increases each year, to a max of 30
- Established hybrid working policy and openness to flexible working
- Generous pension contributions
- Private medical healthcare
- Discounted Gym Membership
- Life, Dental & Travel insurance
Risk Analyst - Greater London, United Kingdom - Raymond James Investment Services
Description
Job Description
Who we are?
Raymond James is a wealth management firm focused on providing trusted advice and tailored, personalised investment services. We believe if we do what's right for clients, we'll help them achieve success while also realising our own. Our parent company, Raymond James Financial, has been doing the same in the US for over six decades.
Who we are looking for?
We are actively seeking a motivated Risk Analyst to join our dynamic team. The ideal person possesses a strong analytical mindset, a keen eye for detail and an understanding of risk management principles.
Responsibilities
Key Responsibilities on Risk Management:
Key Responsibilities on Operational and Business Resilience :
Requirements
Essential that the candidate has:
Desirable that the candidate has:
Benefits
Raymond James is an equal opportunities employer and welcomes applications from a diverse background
At Raymond James we honour, value and respect the uniqueness, experiences, and backgrounds of all our Associates. When associates bring their best authentic self to work, our organisation, clients, and communities thrive. This is a key part of our people-first culture. The Company is an equal opportunities employer and makes all employment decisions on the basis of merit and business needs.