What are the responsibilities and job description for the Operational Risk Management Senior Analyst position at Stifel?
Why Stifel
Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.
Let’s talk about how you can find your place here at Stifel, where success meets success.
What You'll Be Doing
The Operational Risk Management (ORM) Sr analyst will support the Operational Risk Manager in executing the Operational Risk Management program. This second-line defense position contributes to the firm’s overall operational risk management by overseeing first-line defense activities through objective risk identification, assessment, monitoring, and reporting of the firm’s risk profile. The purpose of this position is to provide leadership, consultation, and support for risk management techniques, practices, and procedures that protect the firm from loss and exposure.
What We're Looking For
• Perform Risk and Control Self-Assessment (RCSA) oversight activities and report results to senior leadership and appropriate firm committees.• Supported developing and maintaining RCSA policies, procedures, standards, and user guides to ensure consistency in firm execution and compliance with the RCSA program.• Support development and maintenance of ORM taxonomies and methodologies to ensure accurate assessment of risks and control environment.• Develop and manage strong relationships with senior leaders, including executive management and related risk/control groups across the firm.• Provide guidance, advice, and/or training to improve business units understanding of documenting and escalating risk through the risk assessment process.• Collaborate with lines of business to identify current and emerging risks associated with business activities and operations and provide guidance in developing and implementing risk-mitigating strategies.• Support the execution of firm-wide operational risk management programs, including Key Risk Indicators, Operational Loss Events, and Scenario Analysis.• Stay abreast of industry and regulatory changes and trends to determine potential impact on business services and processes.• Represent ORM on various project teams and committees.• Perform other related duties as required.
What You'll Bring
• Ability to speak with every employee level, including executives and the board of directors.• Strong people management, internal consulting, and partnering skills.• Ability to articulate 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 participant with knowledge of best practices.
Education & Experience
• Minimum Required: Bachelor’s degree in Business, Finance, Management Information Systems or related field.• Minimum Required: 5 years of risk management/compliance experience and/or financial services industry experience.• Knowledge and understanding of executing the Risk and Control Self-Assessment program (Inherent/Residual risk, Control Design, and Issue Management).
Systems & Technology
• Proficient in Microsoft 365: Excel, Word, PowerPoint, Visio.• Preferred: Experience working with a GRC (Governance, Risk, Compliance) software platform.
About Stifel
Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success.
While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success.
At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off.
Stifel is an Equal Opportunity Employer.
