Operational Risk Product Analyst

CodeFirstGirls; City Of London; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

100% free learning linked to job roles

Job summary

CodeFirstGirls in London seeks an Operational Risk Product Analyst (AVP) to drive regulatory-aligned risk technology solutions within the ITSD team, reporting to the Credit Risk Tech Lead.

You will translate ECB/SSM requirements into user stories, collaborate with risk, IT, Compliance, Finance and Audit, and support data quality and governance initiatives to strengthen risk tools and processes.

Qualifications

• Background in Operational Risk or risk technology within a regulated financial services institution.
• Solid understanding of ECB/SSM operational risk frameworks and expectations.
• Hands-on experience supporting risk systems or product development.
• Analytical problem-solving, strong documentation, and Agile delivery experience.
• Collaborative, self-starter, detail-oriented, able to communicate complex topics to senior stakeholders.

Responsibilities

• Product Ownership & Delivery: translate requirements into user stories, specs, and acceptance criteria while driving testing and rollout in Agile cycles.
• Regulatory & ECB Alignment: perform gap analyses, support reviews, and address ECB findings on risk taxonomies, RCSA, KRIs, and ICAAP/OR.
• Framework & Data Enhancement: strengthen RCSA, loss data collection, and scenario analysis; advance data quality and governance.
• Stakeholder & Change Management: collaborate across 1LOD, 2LOD, IT, Compliance, Finance, and Audit to deliver risk tools and training.

Skills

AVP-Level Experience

Regulatory Knowledge

Risk System Expertise

Delivery Capabilities

Soft Skills

Tools

ConnectedRisk

SAI360

Job description

Title: Operational Risk Product Analyst

Job location: London, UK (2 days per week)

Description

These job roles are linked directly to free education, and upon completion of our course, you will be equipped to start your new role.

THE ROLE

Our clients are looking for Operational Risk Product Analysts to join their team.

ABOUT YOU & THE ROLE

The Operational Risk Product Analyst (AVP) plays a pivotal role in delivering innovative risk technology solutions while ensuring full alignment with European Central Bank (ECB) supervisory expectations. Situated within the IT & Security Planning Department (ITSD), reporting directly to the Credit Risk Tech Lead with a dotted line to the Head of Credit Risk, you will serve as a key bridge between business requirements, regulatory demands, and tech delivery.

What Experience We Are Looking For

• AVP-Level Experience: Background in Operational Risk, Risk Technology, or related functions within a regulated financial services institution.
• Regulatory Knowledge: Solid understanding of ECB/SSM operational risk regulatory frameworks, taxonomies, and expectations.
• Risk System Expertise: Hands‑on experience supporting risk systems or product development (e.g., ConnectedRisk, SAI360, or bespoke ORM platforms).
• Delivery Capabilities: Analytical problem‑solving, strong documentation skills, and comfort working in Agile delivery environments.
• Soft Skills: Collaborative mindset, dependability as a self‑starter, attention to detail, and the ability to communicate complex topics clearly to senior stakeholders.

SOME THINGS YOU'LL BE WORKING ON

• Product Ownership & Delivery: Translating regulatory and business requirements into user stories, functional specs, and acceptance criteria while driving testing and rollout in Agile cycles.
• Regulatory & ECB Alignment: Executing gap analyses, supporting horizontal reviews, and addressing ECB findings regarding risk taxonomies, RCSA, KRIs, and ICAAP/OR capital.
• Framework & Data Enhancement: Strengthening operational risk frameworks across RCSA, loss data collection, and scenario analysis while advancing data quality, governance, and lineage initiatives.
• Stakeholder & Change Management: Partnering across 1LOD, 2LOD, IT, Compliance, Finance, and Audit to deliver cohesive risk tools, user training, and change management strategies.

100% FREE LEARNING LINKED TO JOB ROLES

All of our courses are 100% free for all students. There are no secret or hidden fees, no payment upon completion, and no debt. We work with our partner companies to ensure this education is free for all learners.

Benefits - vary per client, but are competitive.