FAQs
What is the primary role of the Investments Supervision Senior Risk Administrator (SRA)?
The primary role of the Investments Supervision Senior Risk Administrator (SRA) is to provide essential support to the Risk & Supervision organization by working closely with Risk & Supervision Officers, Supervisory Principal teams, business partners, and colleagues in the second and third lines of defense.
What are the main responsibilities of the SRA?
The main responsibilities of the SRA include managing professional teams, integrating subject matter expertise, contributing to standards, managing internal reviews and external examinations, identifying emerging risks, supporting control teams, participating in risk assessments, and focusing on process improvements.
What qualifications are required for this position?
The qualifications required for this position include 6-10 years of experience in management, risk management, and/or regulatory compliance, as well as project management and governance experience. A strong understanding of supplier or third-party risk in a financial services context is a plus.
What specific skills are necessary for success in this role?
Necessary skills include outstanding leadership, communication, influencing abilities, analytical and project management skills, advanced proficiency in Excel, PowerPoint, and Adobe, as well as strong organizational skills and attention to detail.
What educational background is required for the SRA position?
A Bachelor’s/University degree or equivalent experience is required for the SRA position.
What licenses are required to apply for this position?
Required licenses include Series 7, and Series 63 and Series 65 or Series 66; and Series 8 or Series 9 and Series 10 or Series 24; and Series 4 and Series 53.
What type of experience is preferred for candidates applying for this position?
Preferred experience includes Actimize Sales Practices Monitoring experience and a broad knowledge of risk areas, particularly in technology risk, operational risk, and supplier risk.
How does the SRA interact with other teams and stakeholders?
The SRA interacts with senior leaders, audit partners, and colleagues across multiple lines of business to provide control-related updates, discuss new initiatives, and foster working relationships to support compliance and risk management efforts.
What level of supervision will the SRA operate under?
The SRA has the ability to operate with a limited level of direct supervision and is expected to exercise independence of judgment and autonomy.
How does this role contribute to the company's risk management framework?
This role contributes to the risk management framework by ensuring compliance with applicable laws and regulations, managing control issues transparently, and creating accountability to maintain high standards of behavior and conduct throughout the organization.