United States onlyOverview
Team: Enterprise Risk Management
Location: Dallas
The Risk Division aims to effectively identify, monitor, evaluate, and manage the firm's financial and non-financial risks in support of the firm's Risk Appetite Statement and strategic plan. Operating in a fast paced and dynamic environment and utilizing the best-in-class risk tools and frameworks, Risk teams are analytically curious, have an aptitude to challenge, and an unwavering commitment to excellence.
The Enterprise Risk Management team within the Risk Division is responsible for ensuring that the firm's risks are managed systemically, such that the firm has a regular, comprehensive view of its risk profile as well as of key trends and emerging risks that could potentially affect the firm's overall risk profile.
The team ensures that Risk & Divisional leadership is consistently informed on the holistic risk profile, inclusive of financial and non-financial risks, in a way that facilitates strategic planning and risk decision making. ERM interfaces with a wide array of businesses and risk management groups across the Firm. The cross-disciplinary nature of the projects that the ERM team engages in makes for a rewarding and multifaceted work environment.
Responsibilities
- Engage with stakeholders in the business to identify risks to the firm across all financial and non-financial risk types
- Collaborate with Risk stakeholders to review and challenge risks and the firm's risk appetite statement
- Establish linkages between Enterprise Risk Management Framework processes, including risk appetite, strategic planning, capital planning and risk identification processes
- Engage with businesses and risk teams as part of Firmwide Business Planning Process and ensure businesses' growth plans are aligned with the Firm's strategic plan and limits approved by the Risk Division
- Enable granular data driven risk analysis, and provide quantitative analysis to leadership for consideration
- Deliver high-quality risk analysis to senior internal stakeholders (including the CRO and the Board Risk Committee) and external stakeholders, clearly communicating prioritized risks to the firm and the management of those risks
- Collaborate with the executive office, business units and risk functions to drive strategic risk initiatives, including framework and metric development and the execution of the annual risk and control assessment of the firm's strategic plan
- Execute and enhance regulatory and internal stress testing as well as related capital planning, risk appetite and limit analysis
Experience/Skills Required
- 7-12 years in a risk discipline within the Financial Services / Banking industry
- Prior experience in Enterprise Risk, including risk identification, risk appetite, limits calibration, strategic risk, and stress testing roles
- Proven experience in driving own book of work and delivering against firmwide and cross-risk initiatives
- Good understanding of financial and non-financial risk disciplines; experience in credit, market or liquidity risk preferred
- High proficiency in Excel and PowerPoint required. Programming experience (e.g. Python, SQL etc.) in workflow automation, data management, and/or data visualization (Tableau, Qlikview) is preferred
- Excellent verbal, written, and interpersonal communication skills
- High level of attention to detail, project management, and prioritization skills key in balancing daily deadlines with timely implementation of strategic projects
