Operational Risk Analyst

SEI Investments (Europe) Ltd.; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A prominent financial services firm in the UK seeks a candidate for its Risk and Resilience team. The role involves managing operational risks, leading incident investigations, and developing a robust operational resilience framework. Ideal candidates will have a BA/BS degree, knowledge of risk management processes, and strong analytical skills. Join a dynamic team committed to continuous improvement and operational excellence.

Qualifications

• Industry related experience is required.
• Proven ability to manage multiple agendas and achieve results.

Responsibilities

• Prepare, monitor and report on RCSA for UK Private Banking teams.
• Lead identification, logging and management of operational risk incidents.
• Contribute to development of SIEL's Operational Resilience framework.

Skills

Knowledge of risk management and controls processes

Strong Excel and data analysis skills

Excellent communication and presentation skills

Education

BA/BS degree in related field or equivalent

Job description

The First Line Risk and Resilience team will perform an important role in the "first line of defence", acting as risk champions and operating in conjunction with the UK Risk function and wider Enterprise Risk Management function. The team supports the monitoring, analysis and escalation of risks and risk events and will also implement additional service & management controls across the UK Private Banking unit. Taking ownership of operational risk management, incident investigation, and control testing to ensure robust risk practices and continuous improvement across the business.

What you will do:

• UK Private Banking RCSA Management:
  • Preparation, monitoring and reporting on RCSA for UK Private Banking teams (Operations, SWP, Technology).
  • Support development, monitoring and maintenance of risk registers.
  • Development and analysis of key risk indicators.
  • Key control testing and assessment.
  • Monitoring and reporting of risk events that impact Operations.
  • Identify risks, undertake trend analysis, plan and track remediation actions.
• Incident Management & Investigation:
  • Lead identification, logging and management of operational risk incidents.
  • Conduct root cause analysis, document findings and share lessons learned.
  • Develop and track action plans, ensuring resolution.
  • Escalate significant incidents and emerging risks to second line risk team and senior management.
• Operational Risk Control:
  • Prepare, monitor and report on RCSA for Operations and related teams.
  • Support risk registers and key risk indicators.
  • Design and execute key control testing programmes.
  • Monitor and report on operational risk events, trends and control effectiveness.
  • Plan, report and track remediation actions for gaps identified in RCSA and control testing.
• Operational Resilience Framework:
  • Contribute to development and implementation of SIEL's Operational Resilience framework.
  • Interpret regulatory expectations (Bank of England, FCA, PRA).
  • Identify existing frameworks and policies.
  • Map important business services and products to people, processes, technology, third parties, facilities and information.
  • Validate impact tolerances and test tolerances through severe but plausible scenarios.
  • Maintain internal and external communication plans for disruptions.
  • Conduct operational resilience training and education for staff.
  • Continuously improve the operational resilience framework.
  • Identify and report resilience risks and vulnerabilities, working with stakeholders to develop necessary plans.
  • Support existing Business Continuity and Disaster Recovery arrangements.
• Reporting & Stakeholder Engagement:
  • Prepare and present regular management information reports on operational risk events, incident trends, and control effectiveness.
  • Engage with senior management, operations leaders and risk partners to communicate risk issues and remediation progress.
  • Participate in ad-hoc projects as required.

What we need from you:

• BA/BS degree in related field or equivalent in education and experience.
• Industry related experience.
• Knowledge of risk management and controls processes.
• Knowledge of the investment processing industry.
• Proven ability to manage multiple agendas and achieve results.
• Business writing skills.
• Strong Excel and data analysis skills.
• Excellent communication and presentation skills.

What we would like from you:

• Ability to make strategic decisions using data and sound judgement.
• Positive attitude and intellectual curiosity.
• Organisational and analytical skills.
• Customer service and client management experience.
• Embodies SEI Values of courage, integrity, collaboration, inclusion, connection and fun.

SEI is an Equal Opportunity Employer.

SEI Investments (Europe) Ltd ('SIEL') is authorised and regulated by the Financial Conduct Authority (FRN 191713).

AI Acceptable Use: SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals' personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and interview process, please ensure you have reviewed and adhere to our AI use guidelines.