Fixed Income Capital Markets Risk Analyst

Job Description Summary

Supports the Fixed Income Capital Markets (FICM) Risk Management function by partnering with business areas to identify assess monitor and manage risk. Helps strengthen the departments risk and control environment by evaluating business processes and controls analyzing information contributing to risk management initiatives and identifying opportunities for process improvement.
Works collaboratively with associates across sales trading operations technology finance compliance legal audit and enterprise risk on recurring risk activities business initiatives and special projects.
The ideal candidate is intellectually curious and an early-career professional with strong analytical problem solving communication and organizational skills. Prior experience in risk management or fixed income is not required. Success in this role is driven by learning agility initiative ownership critical thinking sound judgment and the ability to work independently while collaborating effectively with others. This position provides an opportunity to build a strong foundation in financial services fixed income capital markets and risk management while contributing to meaningful business initiatives.

Job Description

Promotes practical risk management and control practices that support the FICM business and its strategic objectives.

Supports the identification assessment monitoring and reporting of operational compliance market credit and other business risks.

Conducts business process walkthroughs to document workflows key risks controls dependencies and opportunities to strengthen the control environment.

Assists in maintaining risk and control assessments control inventories policies procedures issue logs and risk acceptance documentation.

Performs control testing and monitoring activities using established methodologies including selecting samples evaluating supporting evidence documenting results and identifying exceptions.

Collects validates reconciles and analyzes qualitative and quantitative information from multiple sources to identify trends anomalies emerging risks and potential control weaknesses.

Supports issue management activities by documenting observations assisting with root cause analysis monitoring remediation plans and following up on corrective actions.

Researches and interprets internal policies and standards business requirements regulatory guidance and industry practices; summarizes findings and assesses potential business impacts.

Assists with the planning and execution of risk management projects and other initiatives by coordinating activities tracking deliverables and communicating project status.

Prepares professional reports dashboards presentations committee materials meeting summaries and management updates to communicate risk information effectively.

Supports internal and external audits and other independent reviews by gathering information researching inquiries and coordinating responses.

Develops and maintains effective working relationships with business partners to gather information support risk initiatives and facilitate problem solving.

Performs other duties and responsibilities as assigned.

Foundational concepts in business operations finance economics accounting business management or a related discipline.

Basic principles of risk management and controls. Knowledge may be gained through coursework internships or other work experience.

Standard office applications including Microsoft Excel PowerPoint Word Outlook and collaboration tools.

Financial services fixed income products risk management and applicable industry regulation are helpful but not required.

Skill in

Researching and interpreting policies procedures business requirements and applicable regulatory guidance.

Researching validating and synthesizing information from multiple sources to develop well-supported evidence-based conclusions.

Analyzing qualitative and quantitative information to identify patterns trends exceptions and potential risks.

Organizing complex or unstructured information and presenting it in a clear logical manner.

Documenting business processes risks controls testing procedures observations and action plans.

Evaluating supporting evidence to assess whether processes and controls are designed and operating effectively.

Planning organizing and coordinating multiple assignments and deliverables in a deadline-driven environment.

Preparing clear concise and professional written communications reports presentations and meeting materials.

Identifying process improvement opportunities and supporting the development of practical risk-based solutions.

Building productive working relationships with business partners to gather information and achieve shared objectives.

Learn new concepts and develop an understanding of FICM business processes products systems risk concepts and regulatory requirements through training self-study and practical experience.

Think critically to identify risks evaluate mitigation techniques and recommend practical solutions.

Demonstrate ownership and accountability by following through on commitments meeting deadlines and delivering high-quality work.

Work independently clearly communicate status of projects and deliverables and know when to seek guidance or escalate issues.

Collaborate effectively while also being comfortable completing individual work and making progress without continuous oversight.

Balance competing priorities and adapt to changing business needs while maintaining accuracy attention to detail and meeting deadlines.

Communicate complex information clearly and concisely both verbally and in writing.

Ask thoughtful questions think independently listen actively and constructively challenge assumptions or incomplete information.

Accept feedback incorporate lessons learned and continuously develop technical and professional capabilities.

Demonstrate intellectual curiosity initiative motivation professionalism integrity and appropriate discretion.

Earn trust and establish effective working relationships across all levels of the organization through professionalism collaboration and responsiveness.

Bachelors degree in Finance Accounting Economics Business Administration Risk Management or a related field preferred.

Relevant work experience internships academic projects student organizations leadership experience or other demonstrated experience applying analytical organizational and communication skills are preferred.

Prior experience in fixed income financial services or risk management is not required. Recent graduates and early-career professionals with strong analytical abilities intellectual curiosity and a demonstrated willingness to learn are encouraged to apply.

Any equivalent combination of experience education and/or training approved by Human Resources.

Securities Industry Essentials (SIE) and Series 7 licenses are expected to be obtained within six months of the start date.

Education

Bachelors (Required)

Work Experience

General Experience - 7 to 12 months

Certifications

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel

Less than 25%

Workstyle

Resident

The total compensation for this position includes base salary or wages and may include components such as additional compensation (cash or equity) discretionary bonuses or commissions. This position is eligible for a benefits package that may include medical dental and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation holidays and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered visit .

At Raymond James our associates use five guiding behaviors (Develop Collaborate Decide Deliver Improve) to deliver on the firms core values of client-first integrity independence and a conservative long-term view.

We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James as part of our people-first culture we honor value and respect the uniqueness experiences and backgrounds of all of our Associates. When associates bring their best authentic selves our organization clients and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.