FAQs
What are the primary responsibilities of a Junior Risk Analyst?
The primary responsibilities include managing the regulatory information database, analyzing regulatory information for insights, automating reporting processes, tracking regulatory deliverables, assisting in findings remediation, supporting regulatory examinations, and managing relevant procedures and policies.
What skills are required for this position?
Required skills include excellent MS skills (particularly in Access, Word, Excel, and PowerPoint), proficiency in MS Access, experience in data processing techniques (such as VBA or Python), advanced proficiency in Excel, strong understanding of relational database concepts, excellent communication skills, strong attention to detail, and strong analytical and problem-solving abilities.
Is experience in the financial industry necessary for this role?
Yes, 1-2 years of experience in the financial industry is required for this position.
What level of Excel proficiency is needed?
Advanced proficiency in Microsoft Excel is a must, including advanced formulae, VLOOKUP, and pivot tables.
Will I receive training for this role?
Yes, training and support will be provided as needed to ensure you are equipped to fulfill the job responsibilities.
What kind of projects will I be working on?
You will be involved in projects related to regulatory risk management, regulatory information analysis, compliance tracking, and sustaining efficient reporting processes.
What is the expected start time for the daily news process?
The daily news process is expected to be deployed by 8:00 AM ET as required.
Are there opportunities for career advancement in this role?
Yes, there are opportunities for career advancement, and you will gain valuable experience in the regulatory risk management field which can lead to further career development.
Is a specific educational background required for this position?
While specific educational requirements are not mentioned, a background in finance, economics, or a related field would be beneficial.
How important is attention to detail for this role?
Attention to detail is crucial for this role, as you will be managing regulatory data and ensuring all information is accurate and timely.