Operational Risk & Controls Analyst

Wellcome; Greater London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A global charitable foundation in London is seeking an Operational Risk & Controls Analyst to enhance organizational resilience. This position involves embedding a proactive risk culture, conducting controls testing, and collaborating with teams to manage risks effectively. The ideal candidate will have strong communication skills and experience in risk management. The role offers a hybrid working environment with flexible arrangements, making it suitable for a proactive individual striving for improvement and innovation.

Qualifications

• Fundamental understanding of non‑financial risk and control frameworks.
• Experience in enterprise risk management and controls testing.
• Ability to work autonomously across risk and operational controls.

Responsibilities

• Embed a proactive risk and compliance culture across teams.
• Support documentation and monitoring of controls.
• Deliver risk processes and clear data‑driven reports for leadership.
• Conduct second‑line control testing for assurance.
• Collaborate on enterprise risk management and governance.

Skills

Operational Risk Management

Risk Management

Continuous Improvement

Project Management Lifecycle

Tools

Alteryx

Job description

Operational Risk & Controls Analyst – Wellcome • London, England, UK

Closing date: Monday 19 January 2026

Contract type: Permanent

Interview dates: 1st stage (remote/online) w/c 2 February

The Wellcome Trust is a global charitable foundation. We improve health for everyone by funding science leading policy and advocacy campaigns and building partnerships.

We plan to spend 16bn over the next ten years funding new discoveries in life health and wellbeing and taking on three global health challenges: mental health, infectious disease and climate and health.

These challenges need the bold science we support but they wont be solved by science alone.

We are looking for an Operational Risk and Controls Analyst to join our Risk team.

Where in Wellcome will I be working

The Risk Team plays a vital role in supporting Wellcomes mission by providing expert guidance and advice on risk management across the organisation. We lead the development and delivery of the corporate risk management framework and business continuity arrangements ensuring that risks are identified, assessed and managed effectively.

As part of this team you’ll work collaboratively with leaders across all functions, Risk Champions and other stakeholders to embed a proactive risk culture within first‑line management. Your work will help strengthen organisational resilience and enable Wellcome to achieve its goals with confidence.

What will I be doing

Working across the organisation you’ll embed a proactive risk and compliance culture, partnering with first‑line teams to design, document, monitor and improve controls in line with Wellcomes risk framework and producing clear data‑led reports for leadership and governance committees. You’ll also support enterprise risk management (including RCSA), carry out second‑line control testing to provide assurance and collaborate with senior stakeholders to ensure major risks are identified and managed effectively while role‑modeling our inclusive values and adapting to evolving priorities.

• Partner across departments to embed a proactive risk management culture and ensure effective controls are designed and implemented.
• Support first‑line teams in documenting monitoring and reporting controls in line with Wellcomes risk framework while building their capability around risk and compliance.
• Deliver risk processes including contributions to Risk Control Self‑Assessment (RCSA) and provide clear data‑driven reports for leadership and governance committees.
• Conduct second‑line control testing to give assurance on the effectiveness of controls and strengthen organisational resilience.
• Collaborate with senior colleagues to advance enterprise risk management ensuring statutory governance requirements are met and major risks are identified and mitigated.
• Champion Wellcomes values by fostering an inclusive culture and adapting to evolving priorities to support our mission.

Is this job for me

If you’re a proactive problem‑solver who enjoys building strong relationships and collaborating across teams this role could be for you. You’ll need excellent communication skills, adaptability to shifting priorities and the confidence to work independently while driving improvements in risk and control processes. Experience in enterprise risk management or controls testing alongside relevant professional qualifications will help you succeed in delivering Wellcomes mission.

To apply for this role please submit an updated CV and answer 2 application questions to demonstrate that you meet the minimum requirements for the role.

Minimum Criteria

• Fundamental understanding of non‑financial risk and control frameworks.
• Appropriate enterprise risk management and controls testing (such as internal or external audit) experience.
• Able to work autonomously across enterprise risk and operational controls teams.

Our Hybrid Way of Working

We understand that our colleagues have commitments and personal interests outside of work and we strive to build a flexible working environment in which people can perform at their best.

At Wellcome we have a hybrid way of working which is 3 days in our Euston Road offices (Tuesday, Wednesday and Thursday) with the remaining 2 days working either remotely or in the office.

Diversity and Inclusion is at the heart of everything we do

We are committed to cultivating a fair and inclusive environment where everyone can be themselves and thrive. We are happy to discuss flexible working options for all roles. We work to ensure that our recruitment processes are as inclusive as possible to everyone. This includes making adjustments for people who have a disability or long‑term conditions. For more information on adjustments and accessibility or to contact us, visit our website.

Upon a conditional offer being made the successful applicant for this position will be required to undertake a Basic Disclosure and Barring Service (or equivalent) criminal record check to disclose any unspent criminal convictions or conditional cautions under the Rehabilitation of Offenders Act 1974. The criminal record check will not show anything that is spent.

For further guidance on disclosure of criminal records please see this UK Government Guidance. You can view our Policy Statement on the Recruitment of Ex‑offenders here. You can view our Privacy Statement here.

Key Skills

Computer Science, Operational Risk Management, Risk Management, Six Sigma, Continuous Improvement, Lean, Process Improvement, Pricing, Customer Support, Alteryx, Kaizen, Project Management Lifecycle

Employment Type: Full Time

Experience: years

Vacancy: 1

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