Risk Analyst

Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America Req #782
Tuesday, August 31, 2021
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.

Responsibilities:

 

·        Maintain and enhance the framework for counterparty due diligence

·        Distribute daily Taxable Fixed Income reports to monitor trade settlement exposure

·        Categorize and tier new counterparties to comply with regulatory requirements

·        Coordinate the onboarding and surveillance over Mortgage Pipeline Hedging Group

·        Coordinate and manage firm-wide 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

·        Produce daily and monthly Fixed Income reports to examine inventory and hedging

·        Create inventory trending reports to facilitate a weekly Capital Markets meeting

·        Compile presentations and identify outliers for a weekly Operations meeting

·        Research new and existing counterparties for financial and reputational stability

·        Interface with internal and external auditors to evaluate Janney’s control environment

·        Perform and manage the annual Compliance Report for CAO certification

·        Liaison between Pricewaterhouse Coopers (PwC) and operational control owners

·        Develop and execute tests to ensure internal controls are operating as intended

·        Serve as a subject matter resource for the Penn Mutual Internal Audit Department

·        Support Trading, Compliance, Operations, IT and Finance to meet their regulatory obligations

·        Generate timely ad-hoc analysis in response to market and counterparty news

·        Create Form Custody Report on quarterly basis as an addendum to the FOCUS filing

·        Monitor suspense account balances and confirm managerial review of activity

·        Test departmental data mining and output to identify inaccuracies and gaps

 

Skills:

·        Critical thinker who is 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

 

Experience

·        Four year college degree preferred, or equivalent industry experience required

·        Over three years of work experience in financial services preferred

Janney is dedicated to promoting and supporting diversity within our workplace.  We provide an environment that promotes respect, integrity, teamwork, achievement and acceptance regardless of age, disability, education, gender, gender expression, gender identity, job level, marital status, military status, national origin, parental status, pregnancy, race, religion, sexual orientation, socioeconomic status, or other protected factors. Janney is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities.

Other details

  • Pay Type Salary
  • Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America