Raymond James Financial, Inc

Manager, Interest Rate Risk Forecasting

Raymond James Financial, Inc$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance or related field
  • 5-7 years of financial analysis experience
  • Experience with Bank Holding Company requirements preferred
  • Familiarity with Empyrean or similar financial modeling software
  • Strong understanding of financial risk management and regulatory expectations for large financial institutions

Responsibilities

  • Assist Finance leadership in strategic planning and execution
  • Oversee and execute interest rate risk modeling processes
  • Prepare financial analyses and reports for stakeholders
  • Support Risk Management and Internal Audit requests
  • Research issues and provide actionable recommendations
  • Stay updated on evolving regulatory requirements
  • Manage and provide oversight for direct reports

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Life insurance and critical illness insurance
  • Disability benefits
  • Retirement savings plan
  • Paid time off including vacation and holidays
  • Parental leave options
Full Job Description
Job Description Summary
This position manages Financial Analysts and will perform a wide range of other economic or financial analyses such as competitive trends, pricing, cash flow, product line evaluation, and capital additions. Reports may include, external economic trends, matters of potentially significant financial impact to the company, long-term profit or loss forecasts to facilitate management review of capital appropriations, expansion strategies, product line changes, evaluate and provide recommendations for pricing practices and review significant pricing decisions for economic soundness.

Job Description

Under limited supervision, uses specialized knowledge and skills obtained through education and experience to support the Firm as it continues to enhance its Interest Rate Risk modeling capabilities in preparation for continued growth and additional regulatory requirements associated with firms in excess of $100 billion. The role will focus on the enhancement and buildout of the firm's Interest Rate Risk modeling and timely preparation of results for management. A successful candidate will have a demonstrated history of being an individual self-starter, working efficiently to meet tight deadlines, and recommending solutions to complex problems.

Essential Duties and Responsibilities
  • Assists Finance leadership with planning and executing strategic initiatives, with a focus on enhancing, building, maintaining, and running interest rate risk shock scenarios, back-testing, and maintenance and sensitivity testing of key assumptions.
  • As interest rate risk processes are developed and finalized, oversees business as usual related to model execution and produces quality deliverables in a timely manner.
  • Prepares analyses and reports for the RJF Board of Directors and management committees.
  • Assists with requests from Risk Management, Internal Audit, and regulators.
  • Researches and makes recommendations to resolve issues.
  • Stays abreast of evolving regulatory requirements.
  • May be responsible for the oversight and management of direct reports.
  • Identifies and recommends process improvements to increase efficiency in analyzing financial information.
  • Assists in training others.
  • Performs other duties and responsibilities as assigned.

Knowledge of
  • Specific subject matter expertise regarding area of responsibility and a solid business understanding of Raymond James products and services.
  • Financial analysis concepts, practices, and procedures.
  • Fundamental concepts of financial markets.
  • Financial risk management and mitigation strategies to support sound financial planning.
  • Regulatory expectations for Large Financial Institutions (LFI).

Ability to
  • Gather and analyze financial information to identify key trends, risks, and insights. Analyze issues, evaluate alternatives, develop proposals, and present recommendations.
  • Use Excel for financial modeling, data manipulation, and creating financial forecasts.
  • Leverage the Empyrean asset and liability management system for forecasting and reporting.
  • Communicate effectively, both orally and in writing, across all organizational levels,
  • Make independent decisions and solve complex problems.
  • Partner with other functional areas to accomplish objectives.
  • Proactively address issues and develop solutions.
  • Reengineer existing processes and implement process improvement initiatives.

Education/Previous Experience
  • Bachelor's Degree, preferably with a major in Finance or a related field. Minimum of five (5) years of experience
  • Experience with Bank Holding Company requirements preferred.
  • Experience with Empyrean, QRM, or other asset and liability or balance sheet modeling software.
  • ~or~
  • Any equivalent combination of experience, education and/or training approved by Human Resources.

Licenses/Certifications
  • None Required

Travel Required:
This role is hybrid out of St Pete, FL

Education
Bachelor's: Accounting, Bachelor's: Business Administration, Bachelor's: Finance

Work Experience
General Experience - 6 to 10 years, Manager Experience - 3 to 6 years

Certifications

Travel
Less than 25%

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.

About Raymond James Financial, Inc

The Raymond James Technology and Communications Investment Banking Group is a committed and thoughtful partner that provides a full range of investment banking services and best practices. The group is comprised of experienced professionals that have extensive investment banking expertise. They leverage the industry expertise of Raymond James' award-winning research department. The group focuses on key sectors within technology and communications including: communications software, communication towers, defense electronics, enterprise software, internet infrastructure services, homeland security, IT services, mobile technology, semiconductors, software-as-a-service, telecommunications equipment, telecommunications infrastructure and support services, and wireless & wireline telecommunications services. They take pride in a client-centric approach to M&A, with focus on delivering independent solutions that creates value for the long term. The outcome of this unique approach may be seen in the successful transactions of their clients, including over 80 public offerings totaling $17 billion and over 85 strategic advisory transactions totaling over $5 billion in value since 1998.

Raymond James Financial, Inc Careers

Join the vibrant team at Raymond James Financial, Inc, a leading financial services company where innovation, leadership, and professional growth are at the forefront of our operations. As a hub of diversity and expertise, Raymond James offers unparalleled job opportunities that propel your career to new heights. Work You’ll Do At Raymond James Financial, Inc, you’ll collaborate with some of the most talented professionals in the financial industry. Our team is dedicated to providing strategic financial solutions and advice to our clients, helping them achieve their financial goals while fostering economic growth. With a culture rooted in leadership and diversity training, Raymond James is the perfect place to enhance your skills and thrive professionally. Join our market-leading team to assist a diverse range of clients, from individuals to large corporations, in navigating their financial planning with precision and innovative strategies. Lead in a role where your expertise directly influences the success and stability of our clients' financial futures. Work with a dynamic team of advisors and experts who are committed to pushing the boundaries of the financial sector through continuous innovation and exceptional client service. Raymond James Financial, Inc Job Opportunities Introducing the Raymond James Career Development Program We are committed to nurturing talent through our comprehensive career development program designed to provide every employee—from interns to senior leaders—with the tools and training necessary for success. Whether you’re just starting out with an internship or you’re a seasoned professional, Raymond James offers career paths that align with your ambitions and skills. Do Innovative Work Join a company where innovation is part of the daily routine. At Raymond James Financial, Inc, you’ll engage with cutting-edge financial tools and resources that keep you ahead in the industry. Our commitment to technology and innovation ensures that we stay at the forefront of financial services. Be Part of a Great Team Experience a collaborative environment where teamwork and networking are encouraged. Our inclusive culture supports diversity and offers benefits that ensure the well-being of all team members. At Raymond James, you’re not just an employee; you’re part of a family that values your unique contributions and supports your professional journey. Future-Proof Your Career Advance your career with Raymond James, where opportunities for growth are abundant. Benefit from our industry-leading training programs and gain certifications that will elevate your professional standing. With a focus on career longevity and satisfaction, Raymond James ensures that your professional journey is as rewarding as it is successful. Explore Discover the various positions available at Raymond James Financial, Inc that match your skills and interests. We are continuously hiring across multiple disciplines, eager to welcome passionate, curious, and solution-driven team players. Stay Connected Join Our Team Search open positions at Raymond James Financial, Inc and find the perfect match for your career aspirations. Explore a range of opportunities from financial advising to corporate roles that align with your professional skills and goals. Keep Up to Date Stay informed with the latest career tips, insider perspectives, and industry-leading insights—all from the professionals who thrive at Raymond James. Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Raymond James Financial, Inc. Join Raymond James Financial, Inc today and be part of a company that values innovation, leadership, and professional growth. Your future in the financial industry starts here.
Learn more about Raymond James Financial, Inc
Size
15,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$862 million
5 Year Trend
+11.6%
Revenue
$8.3 billion
NASDAQ

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