Risk Analyst Jobs in Illinois

INTRODUCTION

Solutions for Today's Challenges. Vision for Tomorrow's Opportunities.

Join William Blair, the Premier Global Partnership.

The Risk Analyst will identify and analyze potential operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the firm. Forecast risk-related costs, and develop and analyze alternatives for risk mitigation. Apply knowledge of enterprise risk management principles and methodologies to aid business partners in establishing lines of defense to address risks and monitor their effectiveness. Recommend solutions to address potential risk changes and future trends. Assist in educating employees on risk awareness and the firm's enterprise risk management framework.

Responsibilities

Responsibilities include but may not be limited to:

• Develop and maintain an understanding of assigned business areas, including their current processes, systems, initiatives, market environment, and business strategies and challenges.
• Identify and analyze specific operational, financial, legal and regulatory risks that threaten the assets, earning capacity or success of the business area.
• Categorize and assess the severity of risks within a defined framework. Identify potential risk impact and costs to the firm.
• Utilize enterprise risk management principles and methodologies to perform quantitative analysis such as risk grading, financial risk, rate of failure.
• Collaborate with business partners to recommend solutions to reduce or control risk.
• Develop reports and presentations to outline findings and recommendations for risk mitigation opportunities and costs.
• Provide risk management perspective to business areas as they consider proposed changes in their organization, operations or systems. Educate businesses in understanding and addressing operational, legal and regulatory and financial risks.
• Identify and assess changes in government legislation and advise on compliance.
• Continuously update assigned components of the enterprise risk portfolio. Monitor progress on risk mitigation efforts.
• Develop contingency plans to deal with emergencies such as business continuity, emergency response, crisis communication.
• Ensure all work activities are in compliance with applicable rules, regulations, policies and procedures.
• Additional responsibilities as requested.

BASIC QUALIFICATIONS

• Bachelor's Degree required
• 2 – 5 years of financial services industry and risk management experience required, preferably in a risk, audit, or compliance role
• Strong written and verbal communication skills
• Knowledge of enterprise risk principles and methodologies
• Knowledge of applicable regulations
• Ability to develop cross-functional relationships to achieve project objectives
• Project management and prioritization skills
• Critical thinking and problem solving skills

About Our Firm

William Blair strives to attract qualified candidates who specialize in investment banking, investment management, private wealth management, and other strategic resource groups. We are committed to empowering our colleagues to deliver client success and engage in our communities. Our firm has delivered trusted advice for nine decades, continuing to deepen our expertise and relationships across asset classes and markets throughout North America, Europe, and Asia. We provide advisory services, strategies, and solutions to meet clients' evolving needs amid dynamic market conditions and varying industries. What sets us apart is that we are an independent partnership, with colleagues who have unique experiences, perspectives, and backgrounds. We empower our people to bring their best thinking so we can deliver the tailored, thoughtful work and problem-solving abilities that our clients expect. We invite you to learn more about us by visiting williamblair.com.

William Blair is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, unfavorable discharge from the military service or on the basis of a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for. EOE m/f/d/v

Be aware of hiring scams: William Blair has clear processes and guidelines with regards to recruiting. We do not request personal financial information in connection with an employment application nor does William Blair extend any employment offers without first conducting an interview through one of its registered offices. William Blair does not use instant messaging services such as WhatsApp, Telegram, or iMessage as part of the recruiting or interviewing process.

Note to External Recruiters / Search Firms: William Blair does not accept unsolicited resumes and will not pay for any placement resulting from the receipt of an unsolicited resume. Any unsolicited resumes received will not be considered as a valid submission.

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• California Consumer Privacy Act Privacy Notice (CCPA)
• General Data Protection Regulation Privacy Notice (GDPR)

Contact us should you have any questions or concerns.