Position Details: 

Industry: Banking Industry 

Job title: Business Risk Senior Analyst 

Location: New York, NY 10013 Hybrid 

Duration: 11 Months + Possible Extension 

Shift hours: Mon - Fri: Std business hours 

Start date: ASAP 

Pay Range: $80/hr - $85/hr

Job Description: 

• The Risk and Control team directly supports Markets globally.
• Our goal is to establish and maintain a robust 1st Line of Defense control environment and culture to minimize operational risk within the business.  

• Responsibilities include implementing and overseeing the Markets control framework, leading critical control remediation projects, facilitating controls and conduct governance, delivering business analytics and reporting, monitoring and analyzing key risk and control indicators. 

• Risk and Control is looking for a highly energized, dynamic Risk Management SME with strong cross-asset knowledge and understanding of the financial industry.  

• The successful candidate will support Markets Valuation Risk Control to work with seniors across the business, O&T and 2nd line functions in the Price Risk remediation program. 

Responsibilities will include: 

• Execution of control processes related to methodologies, data, technology and end-to-end processes covering the application of Market Risk limits to derivatives and securities 

• Preparation and distribution of clear and concise control summaries 

• Documenting and summarizing current/target state processes and controls 

• Execution of User Acceptance Testing and sustainability rollout of new control processes 

• Identification of risks impacting program milestones and ensuring timely escalation where necessary 

• Developing and maintaining Procedures and Process documentation 

• Design and implementation of ongoing control monitoring 

REQUIRED SKILLS 

• 5-7 years’ experience in risk management, valuation and/or a major consultancy practice 

• Detailed understanding of Market Risk limits, monitoring and escalation processes. 

• Familiar with a range of traded products listed above in the investment bank and the corresponding controls and risk measures 

• Strong written, verbal, and interpersonal communication skills 

• Experience within a Front Office risk management or control environment would be beneficial