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Risk Analyst
Janney Montgomery Scott LLC ¡ Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America
// classified as
Other (Adjacent or hard to classify.)
posted
23d ago
location
Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America
languages
sql
tools
excel
> stack
sqlexcel
> description
The Risk Management Department plays a key role in the firmâs 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.Â
What you are good at:
Analytical ability â Able to effectively review information and data in order to identify issues and opportunities;
Communication â Must be able to effectually communicate verbally and in writing with senior level leadership;
Initiative - Proactively look for opportunities to enhance our risk management framework;
Building Relationshipsâ 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 Janneyâs 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 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
 What you have:
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
This position requires you to work out of the Philadelphia, PA office three days a week.
Why work for us:
Benefits: Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employeeâs life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus, Employee Ownership, and Professional Development Assistance Plan designed to help you make the most of your life at work and at homeâtoday and in the future. Explore further.
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 with the firm. Fostering a positive workplace experience remains a top priority. People are our strongest asset.