What are the responsibilities and job description for the Sr Risk Analyst- Financial Risk position at Baird?
About The Role
The Financial Risk Management team applies analytical capabilities, technological prowess, and capital markets expertise to deliver business insights that help identify, assess, manage, and monitor key financial risks across Baird. The Senior Financial Risk Analyst role is broad in scope and covers the areas of market, credit, and liquidity risks across the firm. The role entails analyzing data to uncover and monitor trends that identify new and emerging risks and/or changes to the profile of known existing risks. Moreover, the Senior Financial Risk Analyst will assess the impact of these risks on various aspects of the firm. The Senior Financial Risk Analyst will also aggregate insights gleaned from these activities and effectively communicate them to key internal stakeholders to influence risk-based decision making across the firm. This role will also entail opportunities to serve on cross-functional working groups/committees as the Risk Management department representative and opportunities to assist with the training and development of junior analysts and interns. Additionally, the Senior Financial Risk Analyst will play a leading role in helping to drive data analytics initiatives within Risk Management.
This position is based in our Milwaukee, WI office. This position offers hybrid flexibility, with at least 3 days per week in the office.
The Impact You’ll Make
The Financial Risk Management team applies analytical capabilities, technological prowess, and capital markets expertise to deliver business insights that help identify, assess, manage, and monitor key financial risks across Baird. The Senior Financial Risk Analyst role is broad in scope and covers the areas of market, credit, and liquidity risks across the firm. The role entails analyzing data to uncover and monitor trends that identify new and emerging risks and/or changes to the profile of known existing risks. Moreover, the Senior Financial Risk Analyst will assess the impact of these risks on various aspects of the firm. The Senior Financial Risk Analyst will also aggregate insights gleaned from these activities and effectively communicate them to key internal stakeholders to influence risk-based decision making across the firm. This role will also entail opportunities to serve on cross-functional working groups/committees as the Risk Management department representative and opportunities to assist with the training and development of junior analysts and interns. Additionally, the Senior Financial Risk Analyst will play a leading role in helping to drive data analytics initiatives within Risk Management.
This position is based in our Milwaukee, WI office. This position offers hybrid flexibility, with at least 3 days per week in the office.
The Impact You’ll Make
- Analyze risk data and developments in the financial markets to identify, escalate, and assist with managing exceptions, trends, or other changes in risk relative to the firm’s risk appetite
- Develop, maintain, produce, and disseminate various recurring (e.g., daily, weekly, monthly, and quarterly) financial risk reports to key internal stakeholders across the firm to keep them informed of changes to the firm's profile and influence their day-to-day decision making
- Respond to intraday and ad hoc requests from Baird's institutional and retail trading desks
- Lead and/or perform ad hoc analyses on existing and new/emerging risks to deliver business insights to key internal stakeholders that will influence tactical and strategic decisions
- Participate in working groups as a representative of Risk Management to help assess and manage key risks related to cross-functional projects across the firm
- Assist with the training and development of junior analysts and/or interns
- Lead the innovation and evolution of certain aspects of how the Financial Risk Management team identifies and assesses financials risks by recommending and driving the implementation of risk management best practices and process improvements
- Serve as a subject matter expert and resource for others on matters pertaining to one or more areas of the Financial Risk Management team
- Deepen business unit and Corporate Resource Group knowledge and relationships that can be leveraged to enhance service provided to internal stakeholders
- Lead and/or participate in department-wide initiatives to further Risk Management’s mission that may extend the Senior Financial Risk Analyst beyond the Financial Risk Management team
- Bachelor's degree in finance, economics, accounting or business; graduate degree, CFA, FRM, or equivalent a plus
- Five years or more of experience in an analyst or related position; experience in front- or middle-office trading desk functions a plus
- Keen critical thinking skills
- Strong quantitative and qualitative analytical skills
- Proactive in building relationships with key stakeholders
- Superior client service skills that include being highly responsive
- Demonstrated knowledge of debt and equity markets
- Working knowledge of corporate finance and accounting principles
- Strong grasp of market, credit, and liquidity risks and their key drivers
- Strong verbal and written communication skills, including ability to communicate with senior management
- Working knowledge of Microsoft Excel, Bloomberg, SQL, business intelligence tools, data visualization tools (e.g., Power BI, Tableau); programming skills (e.g., Python, R, etc.) a plus
- Ability to work well and thrive in a team-oriented environment
- Strong work ethic, motivated, and a self-starter with a focus on details and meeting strict deadlines