Financial Risk Analyst

A Financial Risk Analyst at this investment management firm in New York will be primarily responsible for risk coverage, assessment, and monitoring for operations functions. Key responsibilities include identifying and assessing risks, managing escalation processes, and contributing to regulatory reporting. Additionally, you'll play a pivotal role in conducting periodic risk assessments, facilitating Risk Control Self-Assessments, and leading operational risk initiatives.

To qualify for the Financial Risk Analyst position in New York, candidates should ideally have around three years of operational risk experience, preferably within investment management or regulatory reporting. Strong communication skills, both verbal and written, attention to detail, and familiarity with tools like Word, Excel, and PowerPoint are crucial. Experience with internal audits related to mutual funds is a plus.

To excel as a Financial Risk Analyst in this New York-based company, focus on developing strong analytical skills and enhance your ability to think creatively when solving problems. Building relationships with global teams and senior stakeholders will be vital, so honing your communication and presentation skills will give you an edge. Additionally, staying current with regulatory changes and operational best practices will support your success.

Yes, the Financial Risk Analyst role in New York offers a hybrid work model, enabling you to work remotely two days per week. This flexibility is designed to enhance work-life balance while ensuring you remain engaged with your colleagues and contribute effectively to team initiatives.

Preferred skills for a Financial Risk Analyst at this investment management firm include experience in investment management operations, strong risk management capabilities, and familiarity with regulatory environments. A demonstrated ability to lead initiatives independently and collaborate effectively with team members across various functions will also be beneficial.

In responding to this question, emphasize specific experiences where you identified, assessed, and managed operational risks. Highlight any projects you've led, detailing the results and how your contributions positively impacted the organization.

When answering this question, illustrate your systematic approach to identifying potential risks, including the tools and methodologies you used for reporting. Discuss how you've prioritized risks and communicated findings to senior stakeholders effectively.

Focus on specific regulations relevant to investment management and operational risk, such as Basel III or MiFID II. Explain how you have applied these regulations in your previous roles and the impact they had on risk assessment processes.

Choose a project that showcases your leadership skills and problem-solving abilities. Detail the challenges faced, your strategy for overcoming them, and the successful results achieved through your initiative. This demonstrates both your capability and impact in a previous role.

Explain your methods for ensuring accuracy, such as cross-referencing data sources, collaborating with team members for insights, and conducting follow-up reviews. Illustrate your commitment to quality, which is crucial for a Financial Risk Analyst role.

Discuss specific tools and software you're well-versed in, such as risk management platforms or data analysis software. Highlight how you have utilized these tools to improve processes or achieve more precise outcomes in your prior roles.

Share strategies for engaging with challenging stakeholders, such as establishing rapport, understanding their perspectives, and providing clear, data-driven insights. This showcases your communication skills and ability to navigate complex interpersonal dynamics.

Emphasize the importance of teamwork in fostering a comprehensive understanding of risks across departments. Discuss how you have collaborated with other teams to enhance risk management practices and share best practices.

Mention specific resources you utilize to keep updated, such as industry publications, webinars, and professional networks. Highlight your proactive stance on continuous learning to adapt to new developments in risk management.

Share a detailed example of a specific risk, the measures you implemented to address it, and the outcome. This not only illustrates your risk management skills but also reflects your initiative and capability to contribute to the organization.