Operational Risk Analyst

JR United Kingdom; Slough; On-site; GBP 40,000 - 65,000; Full time

Job summary

A leading company in marine energy services is seeking an Operational Risk Analyst to enhance its risk management capabilities. The ideal candidate will bring analytical expertise and a background in risk compliance within relevant industries such as commodities or shipping. Responsibilities include implementing risk frameworks, supporting incident management, and improving internal processes through automation.

Qualifications

• Experience in risk, audit/assurance, compliance/internal control or consulting.
• Commodity trading or bunkering background.
• Ability to multi-task and respond quickly to changing priorities.

Responsibilities

• Supporting the implementation of Operational Risk framework.
• Identifying process improvements and efficiencies.
• Preparing risk reports and updates for internal meetings.

Skills

Analytical skills

Problem solving

Communication

Interpersonal skills

Education

Professional qualifications in accounting (ACA/ACCA/CIMA) or risk & financial (FRM/ERP/CFA)

Tools

Energy Trading Risk Management Systems (ETRM)

BPMN process mapping

Job description

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Peninsula is the leading provider of marine energy services and solutions globally. For the last 25 years, we have positioned ourselves as the benchmark for quality in our industry. We offer local knowledge on a global scale.

We are an experienced team of individuals who work collectively to meet all of our customer demands and needs. Having forged close relationships with our customers, our solutions are developed and driven by them. We have the ability to control our entire supply chain and thus offer quality products and services that are unique in today’s market.

Our reputation for transparency and a low risk tolerance, together with the highest standards of corporate governance and sanctions adherence, have combined to secure strong support for the group in financial and insurance markets.

WHAT YOU’LL DO

The Operational Risk Analyst will bring experience, enthusiasm and an analytical mind to complement the growing Operational Risk Department at Peninsula.

The candidate will ideally have prior experience from working in a risk, compliance, or internal audit position in a relevant industry e.g., commodities, shipping, bunkering.

MAIN RESPONSIBILITIES

• Supporting the implementation of Operational Risk framework across core and emerging commercial and operational activities.
• Helping to review & improve on existing policies and guidelines in order increase risk management awareness and drive change in culture & behaviours.
• Supporting the Incident Management Regime by investigating and analysing incident reports to identify control gaps or weaknesses, and document findings and improvement suggestions via written reports.
• Lead internal initiatives to develop & improve risk controls.
• Contributing & maintaining the iServer business process infrastructure, procedural documentation, key processes and controls across all departments and ensure continuous improvement to avoid risks.
• Identify process improvements and efficiencies from existing practices. Use automation to reduce manual workload and strengthen process controls.
• Supporting the team to prepare risk reports and updates and presenting this information as part of regular internal risk management meetings.
• Supporting the Systems Development Lifecycle by working with IT to ensure that system changes or enhancements are aligned with the risk management & control framework and consistent with desired business process.

KNOWLEDGE, SKILLS AND EXPERIENCE

• Experience that demonstrates analytical and problem solving capabilities;
• Ability to understand a risk and control process within the business context whilst generating ideas to improve it;
• A flexible and adaptable attitude, with the ability to multi-task and respond quickly to changing priorities;
• An individual that is unfazed and comfortable with new, complicated, vague or ill-defined information or processes;
• Excellent verbal and written communication skills, able to present information in a concise, logical manner;
• Strong interpersonal skills and the ability to build, expand and maintain collaborative relationships with internal and external stakeholders at all levels of the business;
• Ability to mediate between different character types and points of view to achieve outcomes;
• Commodity trading or bunkering background with proven experience of working in an operational risk role or related function;
• Knowledge of operational risk and control processes;
• Experience in risk, audit/assurance, compliance/internal control or consulting;
• Strong IT Skills and aptitude, experience with Energy Trading Risk Management Systems (ETRM);
• BPMN process mapping experience;
• Professional qualifications preferred in accounting (ACA/ACCA/CIMA) or risk & financial (FRM/ERP/CFA).