Operational Risk Analyst

LegalAndGeneral; Cardiff; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading financial services group is seeking an Operational Risk Analyst to support risk assessment and monitoring. The role involves utilizing risk management tools and collaborating with various teams to ensure effective governance and control. Ideal candidates will have strong interpersonal skills and proficiency in Microsoft tools. A comprehensive benefits package is offered, promoting an inclusive culture and flexible working arrangements.

Benefits

Performance bonuses

Share schemes

Pension contributions

Life assurance

Healthcare

Holidays

Family leave

Electric car schemes

Discounts

Modern office spaces

Qualifications

• Understanding of Risk and Control management, with interest in IT and digital systems.
• Experience supporting the Group Operational Risk function independently.

Responsibilities

• Supporting oversight of Non-Financial risk areas and risk management policy adoption.
• Producing MI and reports, ensuring data accuracy and completeness.
• Collaborating with the Enterprise Risk Management Team for oversight and assurance.

Skills

Risk and Control management

Interpersonal skills

Tools

Microsoft tools

OSX

Job description

Company Description

Legal & General (L&G) is a leading UK financial services group and major global investor.

We've been safeguarding people's financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world's largest asset managers and provide powerful asset origination capabilities. These underpin our retirement and protection solutions: we are an international player in pension risk transfer, UK and US life insurance, and UK workplace pensions and retirement income.

Our Group Functions provide essential services to all areas of the business, supported by a talented and diverse team behind the scenes, enabling everyone at L&G to excel.

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.

Job Description

We're recruiting for an Operational Risk Analyst to join us.

This role involves supporting the assessment, monitoring, reporting, and training related to Enterprise-wide risks, controls, and assurance. It utilizes risk management tools and data analytics to provide insights into the effectiveness of our risk frameworks and controls. Additionally, the role supports the 2nd line Business Partners in overseeing Change and Group Functions.

Key Responsibilities:

1. Supporting oversight of Non-Financial risk areas, including risk management policy adoption and risk scoring.
2. Participating in deep dives and lessons learned reviews on material risk events or themes, and supporting assurance on control effectiveness.
3. Assisting with risk management practices, including using OSX.
4. Producing MI and reports, ensuring data accuracy and completeness.
5. Collaborating with the Enterprise Risk Management Team, Change, and Group Functions Business Partners to deliver oversight, training, and assurance, including maintaining proper documentation and file structures.
6. Actively developing personal knowledge and skills.
7. Ensuring adherence to processes and procedures to maintain quality and governance.
8. Working with the Group Risk team to ensure proper processes, systems, and controls are in place, and risks are escalated appropriately, aligning with Customer Experience and TCF policies.

Qualifications

Ideal candidates will have:

• An understanding of Risk and Control management, with interest in IT and digital systems.
• Proficiency in Microsoft tools.
• Experience supporting the Group Operational Risk function independently.
• Strong interpersonal skills for dealing with various stakeholders at different levels.

We offer a comprehensive benefits package including performance bonuses, share schemes, pension contributions, life assurance, healthcare, holidays, family leave, electric car schemes, discounts, and modern office spaces.

Additional Information

At L&G, we foster an inclusive culture with opportunities for collaboration and career development. We support flexible working arrangements and value diverse strengths and experiences.

Watch our video to learn more: https://www.youtube.com/watch?v=djTs2V4JUFs