Risk Management Specialist, Operations
- Risk Management
- Regulatory Compliance
- Series 7
- Pension
Opportunity Overview
The Omnibus Reconciliation team is seeking a highly skilled and detail-oriented Risk Management Specialist to support the firm's mutual fund reconciliation processes. This role plays a critical part in maintaining the accuracy and integrity of the firm's books and records by ensuring they are aligned with aggregate mutual fund positions held across multiple fund companies and assisting with data analysis that supports business decisions, regulatory compliance, and improves processes.
The Risk Management Specialist is responsible for the management of the team risk and third-party vendor oversight management program, which includes performing periodic risk assessments, monitoring key risks / third party vendors, and reporting on risk and third-party vendor oversight to leadership. Risk and third-party vendor oversight is managed at the firm, department, branch, and team level. General responsibilities include the items below and may differ slightly based on the team.
What You'll Do:
- Manage product, regulatory, processing and/or financial risk through oversight of business processes, external factors, and third-party vendors.
- Report on the team's risk and third-party vendor oversight to senior leadership.
- Understanding the core business processes performed within the team and applying risk and third-party vendor management practices to identify risks and confirm they are mitigated, where appropriate.
- Assist with Audit, Compliance and Legal (including regulatory) inquiries.
- Act as a consultant to team leadership/fund management on process improvements and initiatives including but not limited to, risk and third-party vendor management.
- Ensure compliance with regulations and firm/team policies.
- Understanding broader industry/economic situations and any impacts they may have on risk and third-party vendor management policies/procedures
Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.
Position Requirements
What Experience You Need:
- Bachelor's degree or equivalent experience required. Concentrations in business, accounting, finance or management are preferred.
- 5+ years of experience in financial services (i.e. brokerage, mutual funds, insurance, asset management, etc.) preferred. Should include experience evaluating and implementing controls.
- Strong analytical skills, including evaluating information from multiple sources (client, account, financial, and market).
- Excellent verbal and written communication skills required, including presenting information to senior management both verbally and in writing. Experience addressing questions / inquiries from external organizations such as FINRA, SEC, Audit, Compliance, and Field Supervision is preferred.
- Must be able to make decisions in gray areas where little or no guidance is available. Consistent use of good judgment required, as decisions are complex, non-routine, risk-based judgment with high financial risk.
What Could Set You Apart:
- Mutual Fund knowledge and/or reconciliation experience
- Vendor oversight experience
- Series 7 license
Company Description
Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View ourPurpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Awards and Accolades
At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.Check out our U.S. awards and accolades:Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades:Insights & Information Blog Postings about Edward Jones
EEO Statement
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Salary Information
Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit ourbenefits page.- Position Schedule: Full-Time
- Posting Location: Arizona, Tempe, Missouri, St. Louis
- External Work Arrangements: Campus-Based, Onsite
- Position Type: Home Office
- Recruiter: Rachel Huddleston
- Country: United States
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Risk Management Specialist, Operations · Edward Jones