Risk Associate

Overview: We are seeking an experienced and analytical Risk Associate to join our team. Our company provides a robust platform for financial advisors to manage their clients' money, handling the intricacies of account tracking and transaction processing. The Senior Risk Analyst will work closely with the Risk Director to identify, assess, and mitigate risks associated with our platform and operations.

Key Responsibilities:

• Risk Assessment: Conduct comprehensive risk assessments to identify potential risks in the platform’s operations, including account management and transaction processing.
• Policy Development: Assist in developing and implementing risk management policies and procedures to ensure compliance with regulatory requirements and industry best practices.
• Monitoring and Reporting: Continuously monitor risk indicators and prepare detailed risk reports for senior management, highlighting key risk areas and recommended actions.
• Incident Analysis: Investigate risk incidents, perform root cause analysis, and develop strategies to prevent recurrence.
• Collaboration: Work closely with cross-functional teams, including IT, compliance, and operations, to integrate risk management practices into all aspects of the platform’s development and daily operations.
• Training: Provide risk management training and support to employees and financial advisors to enhance their understanding of risk-related issues.
• Regulatory Compliance: Ensure that all risk management activities are aligned with applicable regulatory requirements and industry standards.

Qualifications:

• Education: Bachelor’s degree in Finance, Risk Management, Business Administration, or a related field.
• Experience: Experience in risk management or a related role within the financial services industry, preferably with experience in platform-based financial services.
• Skills:
• Strong analytical and problem-solving skills.
• In-depth understanding of risk management principles and practices.
• Ability to interpret and apply complex regulatory requirements.
• Excellent communication and interpersonal skills.
• Proficiency in risk management software and tools.
• Experience with financial transaction processing systems is a plus.

Preferred Qualifications:

• Professional certification (e.g., Financial Risk Manager, Certified Risk Management Professional).