Risk Advisory Business Partner

JCW Group has partnered with a leading global interdealer broker to hire a Risk Advisory Business Partner, Operational Risk in the New York City Metropolitan Area. The team provides the independent second line view of the business’s risk profile, and this person will work closely with the business units to identify, assess and mitigate operational and financial risks while integrating risk management into strategic and change initiatives. This is a great opportunity for someone looking to own the risk partnership with a front office business and act as a trusted advisor to senior management.

Key Responsibilities:

• Collaborate with the business to identify and assess its material risks, and challenge its logic and assumptions across Risk and Control Self-Assessment, Scenario Analysis and Root Cause Analysis
• Work proactively with the business to define risk appetite and key risk indicator (KRI) thresholds, and identify appropriate actions to address risks that fall outside appetite
• Evaluate the adequacy of the control and policy framework, provide constructive challenge on remediation plans and risk acceptances, and support deep dives into significant internal and external events
• Provide an independent second line view of the risk profile in management meetings, draft commentary for risk committees, and provide independent oversight over business continuity plans

Key Qualifications:

• A minimum of 3 to 5 years working in an Operational Risk program for a medium to large Financial Institution, preferably in an IDB or Capital Markets environment
• Strong understanding of the Energy & Commodities market and associated products; understanding of electronic and algo trading a plus
• Bachelor’s degree in business, accounting, finance, or a related field; equivalent experience; a professional certification
• Good understanding of risk models and measures and industry best practice in operational risk management, with excellent analytical skills to interpret, summarize and present data

Joseph DeFeciani specializes in partnering with audit and finance professionals at leading organizations nationwide.