Operational Risk Analyst

Michael Page (UK); London; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A leading wholesale banking firm in London is seeking an Operational Risk Analyst for a 12-month fixed-term contract. This role offers a chance to work in a hybrid model while supporting the bank's operational risk management efforts and enhances your career within the financial sector. The successful candidate will be responsible for generating risk data and providing training on risk management tools, with a competitive salary and comprehensive benefits.

Benefits

Comprehensive benefits package

Opportunities for professional development

Inclusive and supportive work environment

Qualifications

• Experience in managing operational risk in 1LoD or 2LoD position desirable.
• Understanding of the financial regulatory framework in the UK.
• Experience using analysis tools for operational risk management.

Responsibilities

• Support the 2nd line of defence team in risk oversight.
• Produce timely risk data for reporting to committees.
• Train the business in the use of Riskonnect and facilitate reporting.

Skills

Knowledge of UK financial services

Risk management

Analysis tools

Tools

PowerBI

Tableau

Job description

• New Operational Risk role, Analyst level.
• Supporting 2LOD and Operational Risk team for 12 months.

About Our Client

Wholesale Banking firm who are growing globally.

The bank is based in London and operating to a 3 day a week hybrid model.

This wholesale bank is highly successful in the FX and Payments space- so experience in this area useful.

Job Description

The role of the Operational Risk Analyst is to support the 2nd line of defence (2LoD) team in fulfilling its oversight role by:

- Ensuring robust risk monitoring, by producing accurate, timely and actionable data about the Group's risk profile to its committees, supported by minute taking and action tracking.

- Working with Salesforce to continue to enhance the GRC system (Riskonnect).

- Training the business in the use of Riskonnect and ensuring that this supports the requirements of the Enterprise Risk Management Framework and the Operational Risk Management Policy as a minimum.

- Ensuring that the Bank has the risk related data available to support its regulatory and governance related reporting - for example ICAAP, REP018 etc.

The Successful Applicant

A successful Operational Risk Analyst should have:

· Knowledge of the UK financial services and regulatory framework

· Knowledge and experience of managing operational risk in either a 1LoD or 2LoD position is desriable

· Demonstrable experience of using analysis tools such as PowerBI or Tableau.

What's on Offer

For the Operational Risk Analyst role - 12 month FTC

• Salary £40,000 plus bonus opportunity.
• Comprehensive benefits package, including opportunities for professional development.
• An inclusive and supportive work environment within the financial services industry.
• Exposure to a variety of operational risk management challenges and projects.

This is an excellent opportunity for an Operational Risk Analyst to advance their career in a role that offers both challenge and reward. If you are interested in this exciting position, please apply today!