Regulatory Risk Analyst

Nest; City Of London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading pension provider in London is seeking a Regulatory Risk Analyst to support the Regulatory Risk Managers. The role involves analyzing regulatory changes, maintaining records, and supporting internal customers. Candidates should have experience in occupational pensions or a regulated setting. This position offers a hybrid work environment and promotes skill development through a generous training budget.

Benefits

Generous training budget

Flexible working hours

Qualifications

• Experience in occupational pensions or a regulated environment.
• Ability to collate and submit regulatory information.
• Proven track record of maintaining accurate records.

Responsibilities

• Support the Regulatory Risk Managers in analysing regulatory changes.
• Manage queries from internal customers about regulatory issues.
• Ensure accurate and timely data provision to regulators.

Skills

Regulatory change analysis

Data management

Stakeholder engagement

Training development

Job description

Have you got experience working in occupational pensions or another regulated environment? Would you like to do something a little different and make a real difference? We're looking for someone to fill a new role within our Regulatory Risk Team — the Regulatory Risk Analyst supports the two Regulatory Risk Managers in analysing and advising on regulatory change, as well as managing queries from internal customers and ensuring that the data that we need to provide to our regulators is both accurate and timely. It's a position with some real responsibility, and brings you the opportunity to develop advisory and relationship management skills as well as expertise in multiple regulatory fields.

The minimum criteria for this role are:

• Able to collate, review and submit information, reporting or returns required in accordance with regulatory requirements;
• Able to maintain records of NEST interactions with regulators;
• Able to produce appropriate briefing documents for internal stakeholders;
• Able to identify training needs suggested by regulatory/legislative change and to assist with the development and delivery of training materials.

Don't worry if you think you don't have all the key skills, it might be worth taking the few minutes to apply as we're good at spotting potential and offer a generous training budget.

Flexible and agile working

Everyone's personal situation is different. To make the most out of hybrid working, we've introduced different ways of working, which include (subject to role requirements):

• Hybrid of office (Canary Wharf, London) and home working (there will be an expectation to attend the office, once – twice a week, or more, as required)
• Reduce or vary working hours
• Reduce or vary the days worked
• Work compressed hours
• Job share

The Risk Directorate comprises the Risk Oversight team, the Technical Risk and Data Protection team and the Regulatory Risk team. As a second line function, it provides advice, constructive challenge and support to the business on risk.

The Regulatory Risk team provides advisory services and regulatory stakeholder management across the regulatory regimes for occupational pension schemes, authorised master trusts, pensions tax and the interaction of our member proposition with FCA's regulatory remit. The team works with colleagues in operational, proposition development and market engagement teams, as well as counterparts in outsourced suppliers, to ensure that activities and planned developments are delivered in line with agreed risk appetites and engages with regulators on an open and honest basis to ensure compliance, and to provide the opportunity for Nest to engage with regulatory development. The team also works with second line assurance teams to enable effective challenge and oversight in relation to our regulatory responsibilities. Reporting to the Head of Regulatory Risk, we are seeking a highly organised and proactive individual with experience of working in occupational pensions or another regulated environment and who is looking for the opportunity to develop their skills whilst providing essential support to senior colleagues.