Asset & Wealth Management, Marcus US Deposits Business Controls & Risk Management, Associate

Asset & Wealth Management, Marcus US Deposits Business Controls & Risk Management, Associate - Richardson Job Description AWM Description

Bringing together traditional and alternative investments, we provide clients around the world with a dedicated partnership and focus on long-term performance. As the firm’s primary investment area, we provide investment and advisory services for some of the world’s leading pension plans, sovereign wealth funds, insurance companies, endowments, foundations, financial advisors and individuals, for which we oversee more than $2 trillion in assets under supervision.

Working in a culture that values integrity and transparency, you will be part of a diverse team that is passionate about our craft, our clients, and building sustainable success. We are:

• Investors
  , spanning traditional and alternative markets offering products and services
• Advisors
  , understanding our clients’ priorities and poised to help provide investment advice and strategies that make sense for their portfolios
• Thought Leaders
  , providing timely insights across macro and secular themes to help inform our clients’ investment decisions
• Innovators
  , using our suite of digital solutions to help our clients address complex challenges and meet their financial goals

We are looking for an Associate to serve as a member of the Marcus US Deposits Business Controls and Risk Management function in Richardson (Texas). The role will execute key control deliverables related to issues management, risk reporting and control assessments, to ensure regulatory compliance, protecting client assets, and managing risk.

Within Asset & Wealth Management, we seek to provide innovative investment solutions to help our clients meet their financial goals. We work with specialists and groups from across the firm to help individuals and institutions navigate changing markets and to offer them diverse product solutions.

• Proactively identify business risks, process deficiencies, and potential gaps/weaknesses in risk management practices.
• Present outcomes of gap assessment and remediation to leadership.
• Pre-empt 2
  
  LOD/3
  
  LOD engagements by proactively reviewing process documentation (process maps, procedures, etc.) and working with stakeholders to identify existing controls, identify control gaps (automation, detective reporting, etc.) and ensure that risks are sufficiently mitigated.
• Actively participate in cross-functional working groups to reconcile engineering roadmaps and daily intake requests, ensuring all prioritized initiatives are seamlessly aligned with the PRC Change Management framework.
• Lead cross-functional 2
  
  LOD/3
  
  LOD engagement efforts across the business.
• Work closely with stakeholders to map change management activities to reporting requirements, preparing bi-weekly impact assessments and supporting ad-hoc audit deliverables.
• Head continuous change management improvements by compiling and delivering daily risk escalations, monthly performance reports, and organic growth metrics to executive audiences.
• Maintain effective communication with other teams to facilitate weekly executive approval meetings, resolve past-due tickets, and shepherd the implementation of corrective actions for non-compliance with policies and procedures to ensure timely resolution.
• Contribute to executive reporting and other data-driven deliverables, with a focus on providing appropriate content, context, and structure in a precise and timely manner.

• Bachelor's degree in Risk Management, Business, Finance, or a related field
• 5+ years related work experience in an Operational Risk, Audit, Change Management role or transferable knowledge.
• Understanding of Consumer banking processes in a risk management context are required
• Exposure to qualitative and quantitative controls across financial products.
• Strong analytical orientation, lateral thinking, organizational, influencing skills and attention to detail.
• Ability to perform data analytics using metrics to identify trends and themes
• Excellent communication skills to clearly articulate issues and ideas with different…