Wealth ERM Risk Analyst

Role Overview

• Collaborate with the Wealth Division to independently track and monitor the function’s risk profile across all categories of risk and in relation to Board approved risk appetite levels
• Develop and maintain strong working relationships across Wealth, interacting with Senior Management and the Wealth Division
• Business Unit Risk Officer
• Maintain a thorough understanding of the Wealth Division’s entities, products, services, and unique risks
• Facilitate challenge of Wealth risk ratings and self-assessments to ensure appropriate measurement approach and rationale
• Review and evaluate new Wealth business initiatives to identify changes to the overall risk profile of the Wealth Division
• Contribute to the compilation of ERM materials (ERM Dashboard Ratings, Key Risk Indicators, etc.) reported to Executive Management and the Board of Directors (Management Risk Committee and the Board of Directors)
• Stay up to date on emerging risks impacting the overall Wealth industry and WSFS Wealth Division
• Provide thought leadership regarding all ERM program components; make suggestions to improve, streamline, and automate current practices and processes
• Participate on special projects related to ERM. Topical areas may include Model Risk Management and Operational Risk Management.
• Collaborate with Operational Risk Management and ERM Associates, as needed, to share Wealth knowledge and insight.

Requirements

• Must have a Bachelor’s degree in Business Administration, Accounting, or other business-related field
• MBA or graduate degree in business is a plus
• Must have a minimum 3-5 years of relevant experience in Wealth Management (e.g., Private Wealth Management, Institutional/Corporate or Personal Trust, Global Capital Markets, etc.) and/or Risk Management
• Knowledge and awareness of standard Wealth businesses, products and services, etc.
• Must have strong oral and written communication skills and the ability to think critically and independently
• Must be knowledgeable of relevant risks and laws, rules, and regulations impacting the Wealth business/industry (SEC, FINRA, OCC, etc.)
• Preferred experience creating/conducting risk assessments.

Benefits

• medical, dental, and vision coverage
• a 401(k) plan
• life, accident, and disability insurance
• flexible spending accounts (FSAs)
• health savings accounts (HSAs)
• wellness programs
• paid parental leave
• military leave
• vacation and other paid time off
• sick leave in accordance with applicable state laws
• paid holidays