Business Risk Specialist

Non-disclosed; Greater London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a Business Risk Specialist in London to support the Front Office Risk Management Team. This role is crucial for evaluating and managing operational risks associated with daily banking activities and advises on policies and regulations. Candidates should possess strong analytical skills, experience in wealth management or compliance, and a relevant degree. The position offers hybrid working with four days onsite and requires tools proficiency like Alteryx and Power BI.

Qualifications

• Candidates should have a degree, ideally with risk-related professional qualifications.
• Experience in private banking or wealth management is essential.
• Experience in compliance, audit, or training is advantageous.

Responsibilities

• Evaluate and manage operational risks from daily activities.
• Perform front office desk controls and issue risk reports quarterly.
• Identify risk trends and coach front office staff.

Skills

Self-starter

Strong written and verbal communication

Analytical attention to detail

Data analytics proficiency

Education

Degree in a relevant field

Risk-related professional qualifications

Tools

Alteryx

Power BI

Job description

Business Risk Specialist

London

Inside IR35 - PAYE

Hybrid Working: 4 days onsite

As a Business Risk Specialist, you will be responsible for supporting the Front Office Risk Management Team in their effective evaluation and management of operational risk incurred through the daily activity of the “domestic & international front” organisation.

The specialist will work within the Front Office Risk team in the Wealth Management UK Business Risk Organisation, responsible for operational risk evaluation and management in Wealth Management UK. The team supports and advises the front office on processes, policies, and regulatory requirements, interfacing with various management levels and risk control functions.

The role requires compliance with the bank’s risk management and control principles, credit and risk policies, and includes project planning, delivery, operational and market risk control, and implementation of agreed processes and tools.

Role responsibilities:

The specialist supports the Front Office Risk Management Team by evaluating and managing operational risks from daily activities, ensuring risks are identified, assessed, and mitigated in line with governance principles. Tasks include performing front office desk controls, issuing risk reports quarterly, identifying risk trends, coaching front office staff, participating in project groups, and managing problems effectively.

Candidate requirements:

• Candidates should have a degree, ideally with risk-related professional qualifications.
• Experience in private banking or wealth management.
• Experience in compliance, audit, or training is advantageous.
• Essential skills include being a self-starter, strong written and verbal communication, analytical attention to detail, and data analytics proficiency with tools like Alteryx and Power BI.