Associate/AVP Financial Services Analysis-System & Risk - ACG Resources – Adams Consulting Group : Job Details

Job Ref: 14828

Salary: $42,000 – $150,000

Location: Onsite in Manhattan with a Leading Foreign Bank

Salary: Competitive Base Salary Range of $42,000 – $150,000 (commensurate with skills and experience)

• Requirements:
• Bachelor's degree in Finance, Business Administration, Information Technology, Risk Management, or a related field
• Minimum of 3-5 years (for Associate) or 5-8 years (for AVP) of relevant experience in custody operations, with a focus on risk analysis, system implementation, or business analysis within the financial services industry
• Strong understanding of custody operations processes, including securities settlement, corporate actions, withholding tax, and reporting
• Experience participating in system implementation projects, including gathering user requirements and conducting UAT testing
• Good understanding of relevant regulatory requirements and industry best practices related to custody risk management
• Strong communication (both written and verbal) and interpersonal skills, with the ability to collaborate effectively with various teams
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Visio)
• Responsibilities:
• Identify, assess, and monitor operational risks across all aspects of custody services, including securities settlement, corporate action processing, withholding tax, and reporting
• Conduct risk assessments and gap analyses to identify vulnerabilities and areas for improvement
• Develop and maintain risk registers and track mitigation plans
• Develop test plans and scripts for User Acceptance Testing (UAT)
• Elicit, analyze, and document user requirements for system changes and new functionalities
• Create, review, and update operational procedures, process flows, and knowledge base articles to reflect current processes and system changes
• Generate and analyze Management Information System (MIS) reports to monitor operational performance, identify trends, and support risk management activities
• Ensure adherence to internal policies, procedures, and relevant regulatory requirements
• Participate in internal and external audits and compliance reviews as required
• (For AVP Level):
• Lead and manage risk and system-related projects within Custody Operations
• Contribute to the development and implementation of the overall risk management strategy for the department
• Provide guidance and mentorship to junior team members
• Act as a key point of contact for risk and system-related matters
• Present risk and system updates to senior management

#acgresourcesjobs