Senior Risk Analyst; Investing​/Insuring

Job Description

How will this role impact First Command? Reporting to the Director, Risk Management, the Senior Risk Analyst (Investing/Insuring) supports the Compliance and Operational Risk Management Program for First Command Financial Services, Inc and its subsidiaries. The role serves as a risk advisor and subject matter expert for assigned business activities, partnering with leaders to identify, assess, monitor, and report operational and regulatory risks;

evaluate control effectiveness; and provide independent challenge to strengthen risk management practices. The Senior Risk Analyst develops risk insights, emerging risk themes, and escalation recommendations that support sound business decision-making and inform oversight, reporting, and governance across advisor supervision, investment advisory processes, brokerage operations, securities activities, conflicts of interest, regulatory examinations, client-facing processes, and related control environments.

• Support the compliance and operational risk management program for assigned BD/RIA activities, providing practical risk guidance that supports and informs business objectives.
• Assess and document risks across relevant business activities, including investment advisory processes, brokerage operations, product and securities activities, conflicts of interest, regulatory obligations, client-facing processes, and related control environments.
• Assist in evaluating emerging risks, recurring issues, and control weaknesses to determine matters requiring escalation to Business leaders and Risk Management leadership.
• Leverage data analytics, risk reporting, and business intelligence to assist with trend spotting, identify emerging risk themes, assess the impact of regulatory developments and industry trends, and provide insights that support risk management, business decision-making, and enterprise risk reporting.
• Assist in continuous improvement efforts related to risk management processes, control enhancement initiatives and control testing.
• Support in evaluating risks surfaced from audits, examinations, findings and assessing the effectiveness of the proposed remediation activities.
• Provide support for projects, process changes, and system implementations by evaluating assumptions and dependencies and communicating significant risks to business stakeholders and the Director, Risk Management.
• Help provide coaching, guidance, and risk management expertise to team members and business partners to promote sound decision-making and consistent risk management practices.

• Bachelor’s degree in finance, Economics, Business Administration, or related field preferred

• 5-7 years of experience in regulatory compliance, operational risk management, internal audit or related risk functions within the financial services industry.

• One or more of the following certifications are preferred: FINRA Investment license(s);
  Insurance license(s);
  Certified Risk Manager (CRM), Professional Risk Manager (PRM);
  Financial Risk Manager (FRM);
  Certified Risk Management Assurance (CRMA); or other relevant certification.

• Demonstrated ability to build and maintain effective working relationships across all levels of the organization, partnering with business units, control functions, and senior leadership to support risk-informed decision-making and achieve organizational objectives.
• Ability to evaluate risks from an enterprise-wide perspective and identify risk interdependencies across business functions.
• Demonstrated ability of assessing risk, control evaluation, and cross-functional risk identification activities.
• Strong knowledge of financial regulations (e.g.,…