Operations Risk and Control Analyst 2

Schroders; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

Schroders is seeking an Analyst to support the first line risk and control environment across Investment Operations. You will execute risk assessments, control testing, incident management and governance reporting within a global asset management setting.

Working with Operations, Technology, Risk and Compliance teams, you will identify, monitor and report operational risks, contribute to control assurance, and help strengthen resilience and risk culture across the function.

Qualifications

• 2–5 years' experience in Investment Operations, Operational Risk, Controls, or compliance.
• Solid understanding of operational risk concepts and control frameworks.
• Experience with risk events, RCA, data analysis and governance reporting.
• Proficient in Excel; knowledge of Power BI or similar reporting tools is beneficial.
• Ability to work with multiple stakeholders across functions.

Responsibilities

• Support ongoing execution and enhancement of the Investment Operations Risk & Control Framework.
• Assist with RCAs, including collection, analysis and documentation of risk information.
• Support control assurance and testing through evidence gathering and documentation.
• Maintain risk registers, issue logs, action trackers and control inventories.
• Monitor risk events and near misses; identify trends and lessons learned.
• Track remediation activities and report progress to stakeholders.
• Produce risk reporting for risk committees and management forums.
• Monitor KRIs and control performance metrics.
• Collaborate with Internal Audit, Compliance and other assurance functions.
• Assist with risk assessments for changes and process improvements.
• Promote risk awareness and good control practices across Investment Operations.
• Identify opportunities to improve reporting, processes, and data quality.

Skills

Risk management

Analytical thinking

Problem solving

Communication skills

Attention to detail

Stakeholder collaboration

Education

Professional qualification (IRM/ICA/CFA) desirable

Tools

Excel

Power BI

Job description

Who we’re looking for

Reporting directly to the Head of Operations Risk & Control, the Analyst plays an important role in supporting the first line risk and control environment across Investment Operations. The role focuses on the execution of core risk management activities, including risk assessments, control testing, incident and issue management, governance reporting, and maintenance of the Risk & Control Framework.

Working closely with Operations, Technology, Risk, Compliance and Internal Audit teams, you will support the identification, assessment, monitoring and reporting of operational risks across the Global Operating Platform. You will contribute to control assurance activities, governance processes and continuous improvement initiatives, helping to strengthen operational resilience and risk culture across the function.

This role is suited to a developing risk and control professional who is analytical, detail-oriented, collaborative and keen to build expertise in operational risk management within a global asset management environment.

About Schroders

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.

The base

We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre and we have everything we need to work flexibly.

What you'll do

• Support the ongoing execution and enhancement of the Investment Operations Risk & Control Framework.
• Assist with Risk & Control Assessments (RCAs), including the collection, analysis and documentation of risk and control information.
• Support control assurance and testing reviews through evidence gathering, testing execution and documentation of results.
• Maintain risk registers, issue logs, action trackers and control inventories.
• Support the review and analysis of risk events and near misses, helping to identify trends, root causes and lessons learned.
• Monitor the status of issues and actions and support stakeholders in tracking remediation activities to completion.
• Produce risk reporting, management information and governance materials for risk committees and management forums.
• Monitor and analyse Key Risk Indicators (KRIs), control performance metrics and emerging risk themes.
• Support interactions with Internal Audit, Compliance, Operational Risk and other assurance functions.
• Assist with risk assessments associated with operational changes, process improvements and transformation initiatives.
• Support the promotion of risk awareness and good control practices across Investment Operations.
• Identify opportunities to improve reporting, processes, controls and data quality through continuous improvement initiatives.

The knowledge, experience and qualifications you need

• 2-5 years experience within Investment Operations, Operational Risk, Controls, Audit, Compliance or another relevant financial services discipline.
• Good understanding of operational risk and control concepts and their practical application.
• Knowledge of investment operations processes such as trade lifecycle, reconciliations, settlements, asset servicing, valuations or data management would be advantageous.
• Ability to execute assigned activities accurately and efficiently with appropriate guidance and oversight.
• Strong analytical, problem-solving and organisational skills.
• Natural aptitude for root cause analysis and identifying process improvement opportunities.
• Excellent attention to detail and ability to manage multiple priorities.
• Strong written and verbal communication skills.
• Ability to build and maintain effective working relationships across teams and functions.
• Strong Excel and data analysis skills; experience with Power BI or reporting tools would be beneficial.
• Working towards, or interested in pursuing, a relevant professional qualification (e.g. IRM, ICA, CFA) is desirable

We recognise potential, whoever you are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.