2026 Full-Time - Senior Analyst, ERM Design & Stress Testing (St. Petersburg, FL)

Job Description Summary

Provide specialist market risk management analysis skills to manage the organization's market risk exposure on a day-to-day and long-term basis for various financial products. Enforce allocated risk levels, promote adherence to trading limits, risk control policies and procedures, and implement validation procedures for all transactions. Provide daily risk exposure reports (e.g. MTM positions, volumetric exposures and change drivers), perform back-testing and stress testing, calculate MTM and risk metrics such as VaR of portfolios, validate and model forward curves for all commodity exposures (market analysis), access market quotes for MTM assessment, and contribute to the development of market risk policies.

Job Description

One of the largest independent financial services firms in the country could be the place you build a career beyond your expectations. 

Our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions. Raymond James Financial is a diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management. 

At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options. 

We strive to ensure everyone feels welcomed, valued, respected and heard so that you can fully contribute your unique talents for the benefit of clients, your career, our firm and our communities. Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs. 

Department Overview 

The Scenario Design and Stress Testing (“SDST”) Function within Enterprise Risk Management (“ERM”) is responsible for facilitating the development of stress scenarios across Risk Stripes/ Business Units and Product lines to facilitate both Internal Risk Management as well as Regulatory requirements. 
The SDST Function is a key input for ERM risk assessment and capital calculations, driving capital and liquidity stress buffers which ensure Raymond James remains resilient during periods of severe stress. 

Job Summary 

Under general supervision, uses knowledge and skills, obtained through education and/or experience, training and/or certification, to conduct scenario design activities including developing scenario narratives, identifying the risks/factors to be stressed, and creating and projecting the stress shocks based on economic and financial analysis. Partners with the various risk stripes including Credit, Market, Treasury, and Operational Risk to help them implement stress calculations. Participates in the regulatory submissions (like CCAR) as owner of the firmwide stress scenario and helps review and challenge the stress testing results. Works with the analytics and reporting teams for scenario data governance and reporting requirements. Participates in projects, programs, or processes with significant business impact involving cross-functional departments. Routine contact with internal stakeholders is required to ensure effective implementation and understanding of the function’s requirements. 

Duties and Responsibilities 

Collaborate extensively across multiple business and risk areas to develop stress scenario narratives and variable shocks with a focus on material risks within each area 

Help develop both, firmwide as well as business/risk level stress scenarios 

Conducts continuous monitoring of key metrics and financial indicators to provide meaningful insights and opinions on risk. Helps to identify emerging trends and create potential topical scenario narratives for events like COVID, Elections, Tariffs etc. 

Facilitate and ensure a cohesive approach to SDST, including consistency, rigor, and timeliness 

Support the development and maintenance of SDST Standards and Tools/Technology 

Build and maintain effective working relationships with stakeholders and internal assurance groups, demonstrating a culture of engagement and assistance 

Use excellent communication skills to influence a wide range of internal audiences including respective product, function, and business partners 

Support the preparation of materials ahead of meetings with regulators, auditors, and senior leaders 

Represent the SDST Function in stakeholder meetings, as needed 

Perform other duties and responsibilities, as assigned 

Knowledge, Skills, and Abilities 

Knowledge of

MS office Suite - Fluency with MS Office Suite is required, including some experience with VBA 

Mathematical concepts including Statistics - Working knowledge of statistics, including basics of concepts such as Data Distribution, Regression Analysis, and other techniques 

Financial Markets – Interest in markets (for example, stocks, interest rates, bonds) and keeping up to date with the economic trends 

Programming – Interest in and familiarity with programming in any language (for example, Excel/VBA). The job will not require heavy programming, but knowledge can help 

Preferred 

Business knowledge: Wealth Management, Capital Markets, or Banking business models, and related products 

Risk/Product knowledge: Credit & Counterparty Risk, Treasury & Funding Liquidity Risk, Market Risk and/or Non-Financial Risk, and related practices 

Skill in

Financial data analysis and statistical modeling 

Databases and querying tools 

Programming as a tool to automate 

Preparing written reports and delivering oral presentations 

Enthusiastic, self-motivated, effective under pressure 

Ability to

Work well both individually and in teams: share information, support colleagues and encourage participation, and be proactive in notifying line management of developments or seeking guidance, when appropriate 

Set clear goals and be held accountability for the outcomes 

Provide a high level of customer service 

Interact with and influence key stakeholders 

Simplify complicated topics/risk concerns for any audience 

Balance conflicting resources and priority demands to meet tight deadlines within budgeted hours 

Facilitate meetings 

Attend to detail while maintaining a big picture orientation 

Gather information, identify linkages and trends, and apply findings to assignments 

Read, interpret, and apply financial and non-financial information from internal and external sources 

Educational/Previous Experience Requirements 

Eligible applicants must be legally authorized to work in the US and not require visa sponsorship now or in the future (including beyond OPT/EAD). 

Bachelor’s degree in a related field with 3-6 years of related work experience. 

Any equivalent combination of experience, education, and/or training approved by Human Resources. 

Licenses/Certifications 

None required. 

Location 

Hybrid position – St. Petersburg office 

No travel required. 

Education

Bachelor’s: Accounting, Bachelor’s: Actuarial Science, Bachelor’s: Applied Mathematics

Work Experience

General Experience - 3 to 6 years

Certifications

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave.  Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. 

We expect our associates at all levels to:
•  Grow professionally and inspire others to do the same
•  Work with and through others to achieve desired outcomes
•  Make prompt, pragmatic choices and act with the client in mind
•  Take ownership and hold themselves and others accountable for delivering results that matter
•  Contribute to the continuous evolution of the firm

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates.  When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.