The Risk Management Department plays a key role in the firm’s ongoing efforts to mitigating market, operational and regulatory risk. The Department currently concentrates its efforts in Fixed Income and Equity Capital Markets, Securities Lending, Operations and Vendor Management.

What you are good at:

Analytical ability – Able to effectively review information and data in order to identify issues and opportunities;
Communication – Must be able to effectually communicate verbally and in writing with senior level leadership;
Initiative - Proactively look for opportunities to enhance our risk management framework;
Building Relationships– Connecting with others in a way that fosters trust and creates collaborative relationships

Responsibilities:

Maintain and enhance the framework for counterparty due diligence
Distribute daily Taxable Fixed Income reports to monitor trade settlement exposure
Categorize and tier new counterparties to comply with regulatory requirements
Coordinate the onboarding and surveillance over Mortgage Pipeline Hedging Group
Coordinate and manage firm-wide due diligence process for vendor management
Preserve the framework for monitoring of the securities lending business
Research new counterparties and establish credit limits during onboarding
Evaluate existing counterparties for financial stability and adjust limits accordingly
Create hypothetical scenarios to assess exposure and review collateral obligations
Monitor adverse contract differences, concentration thresholds and limit breaches
Evaluate risk exposure and report deviations of concern to senior management
Produce daily and monthly Fixed Income reports to examine inventory and hedging
Create inventory trending reports to facilitate a weekly Capital Markets meeting
Compile presentations and identify outliers for a weekly Operations meeting
Research new and existing counterparties for financial and reputational stability
Interface with internal and external auditors to evaluate Janney’s control environment
Perform and manage the annual Compliance Report for CAO certification
Liaison between Grant Thornton and operational control owners
Develop and execute tests to ensure internal controls are operating as intended
Serve as a subject matter resource for the Penn Mutual Internal Audit Department
Support Trading, Compliance, Operations, IT and Finance to meet their regulatory obligations
Generate timely ad-hoc analysis in response to market and counterparty news
Create Form Custody Report on quarterly basis as an addendum to the FOCUS filing
Monitor suspense account balances and confirm managerial review of activity
Test departmental data mining and output to identify inaccuracies and gaps

What you have:

Four year college degree preferred, or equivalent industry experience required
Over three years of work experience in financial services preferred

Critical thinking skills, able to analyze scenarios and communicate the results effectively
Team player with a sense of initiative and ability to execute with minimal direction
Professional with relationship building skills who can collaborate across business lines
Attention to detail and ability to multi-task in a fast-paced environment is essential
Working knowledge of Microsoft Office Suite and Excel is required
Knowledge of SQL and Capital Markets trading platforms would be a plus

Why work for us?

Benefits: Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employee’s life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus and Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future. Explore further.

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. Attracting, hiring, and retaining diverse talent is a priority for the firm. We succeed because of the people who choose to work here; the depth of their skills, experiences, diversity of thoughts and backgrounds.

Janney is dedicated to promoting and supporting diversity within our workplace. We provide an environment that promotes respect, integrity, teamwork, achievement and acceptance regardless of age, disability, education, gender, gender expression, gender identity, job level, marital status, military status, national origin, parental status, pregnancy, race, religion, sexual orientation, socioeconomic status, or other protected factors. Janney is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities.

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Janney Montgomery Scott

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Risk Analyst