Job Description Summary

Job Description

Essential Duties and Responsibilities

• Promotes practical risk management and control practices that support the FICM business and its strategic objectives.

• Supports the identification, assessment, monitoring, and reporting of operational, compliance, market, credit, and other business risks.

• Conducts business process walkthroughs to document workflows, key risks, controls, dependencies, and opportunities to strengthen the control environment.

• Assists in maintaining risk and control assessments, control inventories, policies, procedures, issue logs, and risk acceptance documentation.

• Performs control testing and monitoring activities using established methodologies, including selecting samples, evaluating supporting evidence, documenting results, and identifying exceptions.

• Collects, validates, reconciles, and analyzes qualitative and quantitative information from multiple sources to identify trends, anomalies, emerging risks, and potential control weaknesses.

• Supports issue management activities by documenting observations, assisting with root cause analysis, monitoring remediation plans, and following up on corrective actions.

• Researches and interprets internal policies and standards, business requirements, regulatory guidance, and industry practices; summarizes findings and assesses potential business impacts.

• Assists with the planning and execution of risk management projects and other initiatives by coordinating activities, tracking deliverables, and communicating project status.

• Prepares professional reports, dashboards, presentations, committee materials, meeting summaries, and management updates to communicate risk information effectively.

• Supports internal and external audits and other independent reviews by gathering information, researching inquiries, and coordinating responses.

• Develops and maintains effective working relationships with business partners to gather information, support risk initiatives, and facilitate problem solving.

• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of

• Foundational concepts in business operations, finance, economics, accounting, business management, or a related discipline.

• Basic principles of risk management and controls. Knowledge may be gained through coursework, internships, or other work experience.

• Standard office applications, including Microsoft Excel, PowerPoint, Word, Outlook, and collaboration tools.

• Financial services, fixed income products, risk management, and applicable industry regulation are helpful, but not required.

Skill in

• Researching and interpreting policies, procedures, business requirements, and applicable regulatory guidance.

• Researching, validating, and synthesizing information from multiple sources to develop well-supported, evidence-based conclusions.

• Analyzing qualitative and quantitative information to identify patterns, trends, exceptions, and potential risks.

• Organizing complex or unstructured information and presenting it in a clear, logical manner.

• Documenting business processes, risks, controls, testing procedures, observations, and action plans.

• Evaluating supporting evidence to assess whether processes and controls are designed and operating effectively.

• Planning, organizing, and coordinating multiple assignments and deliverables in a deadline-driven environment.

• Preparing clear, concise, and professional written communications, reports, presentations, and meeting materials.

• Identifying process improvement opportunities and supporting the development of practical, risk-based solutions.

• Building productive working relationships with business partners to gather information and achieve shared objectives.

Ability to

• Learn new concepts and develop an understanding of FICM business processes, products, systems, risk concepts, and regulatory requirements through training, self-study, and practical experience.

• Think critically to identify risks, evaluate mitigation techniques, and recommend practical solutions.

• Demonstrate ownership and accountability by following through on commitments, meeting deadlines, and delivering high-quality work.

• Work independently, clearly communicate status of projects and deliverables, and know when to seek guidance or escalate issues.

• Collaborate effectively while also being comfortable completing individual work and making progress without continuous oversight.

• Balance competing priorities and adapt to changing business needs while maintaining accuracy, attention to detail, and meeting deadlines.

• Communicate complex information clearly and concisely, both verbally and in writing.

• Ask thoughtful questions, think independently, listen actively, and constructively challenge assumptions or incomplete information.

• Accept feedback, incorporate lessons learned, and continuously develop technical and professional capabilities.

• Demonstrate intellectual curiosity, initiative, motivation, professionalism, integrity, and appropriate discretion.

• Earn trust and establish effective working relationships across all levels of the organization through professionalism, collaboration, and responsiveness.

Educational/Previous Experience Requirements

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, Risk Management, or a related field preferred.

• Relevant work experience, internships, academic projects, student organizations, leadership experience, or other demonstrated experience applying analytical, organizational, and communication skills are preferred.

• Prior experience in fixed income, financial services, or risk management is not required. Recent graduates and early-career professionals with strong analytical abilities, intellectual curiosity, and a demonstrated willingness to learn are encouraged to apply.

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

• Securities Industry Essentials (SIE) and Series 7 licenses are expected to be obtained within six months of the start date.

Education

Work Experience

Certifications

Travel

Workstyle

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 
We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.