Risk And Compliance jobs in United States

The Vacancy

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don't tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join the Close Brothers Credit Risk Team where you will support key decision-makers across the Credit Leadership Team, while working closely with a range of stakeholders across different levels of the bank's diverse businesses and functions.

This is a hands-on, analytically focused position where you will develop a well-rounded understanding of credit risk in a collaborative environment. Your contributions will directly impact the bank's credit risk management, ensuring accurate reporting and robust governance.

You will work closely with the Credit Risk Manager to coordinate reporting on the bank's overall credit performance, monitor the adequacy of provisions across portfolios, and facilitate key risk processes, including credit risk impairment reporting, ICAAP delivery, and external market disclosures.

RESPONSIBILITIES

Credit Risk Reporting

1. Assist in maintaining and improving the bank's credit risk reporting framework, ensuring the accuracy of key risk metrics.
2. Support the monitoring of provisions and impairments across diverse lending portfolios.
3. Work closely with Finance and Modelling teams to ensure high-quality credit risk data and analysis.
4. Maintain the group-wide IFRS 9 reporting framework, ensuring accuracy and consistency across reporting processes.

Risk Committees and Governance

1. Support the preparation of materials for risk committees, ensuring clear and concise reporting for senior decision-makers.
2. Assist with the review of committee packs, meeting minutes, and coordination of committee logistics.

Credit Risk Disclosures

1. Contribute to the preparation of external credit risk disclosures, including analysis of credit quality and macroeconomic factors.
2. Engage with external auditors to ensure smooth audit processes and governance compliance.

Internal Capital Adequacy Assessment Process (ICAAP)

1. Assist in the annual ICAAP process by supporting credit risk assessments, including analyses of capital requirements and concentration risk charges.

Risk & Compliance

Ensure all activities meet regulatory, governance, and compliance standards, adhering to reporting requirements set by regulators.

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE:

1. Strong Analytical & Reporting Skills - Ability to interpret data, produce clear reports, and convey complex findings to senior stakeholders.
2. Effective Communication - Excellent verbal and written skills, with the ability to engage confidently with senior management and cross-functional teams.
3. An Attention to Detail - Strong accuracy in data analysis and report preparation to ensure compliance and reliability.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE/ARE:

1. Knowledge of Credit Risk - Familiarity with credit risk principles, impairment and provisions, and regulatory frameworks.
2. Technical Proficiency - Experience of analysing data using software (e.g. Excel) and awareness of credit risk modelling concepts.
3. Project Management Abilities - Capable of coordinating cross-team efforts and supporting key projects within tight deadlines.
4. Financial Services Knowledge - Understanding of banking operations and how they impact credit risk.
5. Stakeholder Engagement - Ability to build strong relationships with internal teams and external auditors.

We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange.

To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

To find out more about life at Close Brothers:

https://www.closebrothers.com/life-close-brothers#374017299-899295541

To find out more about our benefits:

https://www.closebrothers.com/employee-benefits

To find out more about our commitment to creating an inclusive environment:

Our Responsibility - Diversity and inclusion / Close Brothers Group

#LI-KB1 #LI-HYBRID

The Company

At Close Brothers Group, we are all connected by our mission to be the best place in the UK for wealth professionals and their clients.

We believe that everyone should think ahead, have a financial plan and invest wisely. Our clients are professionals, business owners, individuals, charities, families, and employers, who rely on our clear financial advice and investment management services to preserve and grow their long-term savings and investments.

We are a team of about 900 people based in 15 offices across the UK. Our geographic footprint means we can combine a local approach with face-to-face services to enable strong, long-term relationships with our clients.

Sustainability is fundamental to our purpose and we have a responsibility to help address the social, economic and environmental challenges facing our business, colleagues and clients. We strive to do the right thing and are dedicated to helping the charities that matter most to our people.

Our vision is to develop an open and inclusive company that ensures everyone is valued, respected and included, so that in years to come our business will represent a diverse and inclusive workforce from the top down.

We look to recruit individuals from all different backgrounds. If this job is of interest to you but you do not meet every criteria then we encourage you still to apply as we are open to providing training opportunities. As an early adopter of hybrid working we are open to discussing all types of flexible working options, helping you to balance your work and home life.

The Benefits

• Private medical
• Discounted health checks
• Stakeholder pension contribution
• Cycle to work scheme
• Gym discounts
• Purchase additional holiday