Client Risk Management Specialist

3 days ago


Miami, United States Itau Full time
About the Role

We are seeking a highly skilled Client Risk Officer to join our Risk Management team at Itau. As a key member of our team, you will be responsible for ensuring the suitability and appropriateness of clients' investments, analyzing financial instruments and operations, and monitoring portfolio performance.

Key Responsibilities
  • Prepare and execute analysis, controls, and reporting indicators related to clients' investments.
  • Analyze different types of financial instruments and financial operations.
  • Monitor the portfolios' performance calculation process and results.
  • Test and implement quality assurance processes for client-facing systems.
  • Report to Senior Management and participate in the Bank's projects.
  • Ensure compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules, and regulations, as well as Itau's related policies and procedures.
Typical Activities and Responsibilities
  • Collaborate with other areas to guarantee a robust suitability process, ensuring that the entire advisory flow is compliant with regulatory guidelines, protecting both clients and the bank.
  • Analyze the impact of stressed scenarios on clients' portfolio and credit positions.
  • Manage the risk and exposure of clients' investments in custody in Zurich and Miami offices of the Bank.
  • Generate and evaluate suitability and risk reports, ensuring data accuracy, breaches resolution/escalations, and performing ad-hoc reporting/projects.
  • Implement and execute quality assurance processes for the area's processes, including understanding the front-to-back and back-to-front flows, the relevant IT applications.
  • Approve new products, evaluate their risks, and possible impacts on clients' positions.
  • Monitor markets in real-time and communicate potential disruptions to bankers and advisors.
Requirements
  • Bachelor's degree in Economics, Business Administration, Finance, Engineering, Mathematics, Statistics, or related field.
  • Minimum 4 years of relevant work experience.
  • Experience with financial instruments and risk management.
Essential Skills and Attitudes
  • Knowledge about common financial products and asset classes - equity, fixed income, currency markets, etc.
  • Fluent in English. Fluent in Portuguese is mandatory.
  • Analytical and accurate.
  • Well-structured and attentive to details.
  • Adaptable and open-minded.
  • Collaborative and team-player.
  • Creative.
  • Advanced Microsoft Office Excel skills.
Desired Skills
  • Portuguese language knowledge.
  • VBA and/or SQL skills.
  • Bloomberg know-how/skills.
  • Alteryx.


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