Fixed Income Capital Markets Risk Analyst

Essential Duties and Responsibilities

• 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.

Knowledge, Skills, and Abilities

Knowledge of

• 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.

Ability to

• 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.

Educational/Previous Experience Requirements

• Bachelor's 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.

Licenses/Certifications

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