Risk Analyst

Hinckley & Rugby Building Society; Hinckley; On-site; GBP 30,000 - 45,000; Full time

Job summary

A reputable financial organization in Hinckley is seeking a Risk Analyst to enhance their Risk and Compliance team. The successful candidate will play a key role in assessing risk exposure, ensuring regulatory compliance, and supporting strategic decision-making. This opportunity is ideal for those with a relevant background in finance or risk management and strong analytical and interpersonal skills. Applications are welcome from both internal and external candidates.

Qualifications

• More than one year of hands-on experience in Treasury, Credit Risk, or a related role.
• Ability to write and deliver Board-quality reports.
• Understanding of regulatory requirements in a financial services context.

Responsibilities

• Compile, analyze, and evaluate data to assess risk exposure.
• Collaborate with operational teams to develop risk mitigation plans.
• Monitor and track the Society's risk limits.

Skills

Analytical skills

Interpersonal skills

Understanding of risk management principles

Education

Relevant qualification in finance, economics, or risk management

Job description

Are you ready to make a meaningful impact in an organisation that values integrity, innovation, and member-first thinking?

Are you passionate about protecting members and driving ethical risk practices?

Do you thrive on turning complex data into clear, strategic insights?

Were looking for a Risk Analyst to join our dynamic Risk and Compliance team, where your expertise will help shape the Societys approach to risk and protect its future. This is a hands-on, high-impact role for someone who thrives on collaboration, innovation, and technical excellence.

As a Risk Analyst, you'll play a vital role in safeguarding the Societys future using your analytical skills and stakeholder engagement to influence strategic decisions, support regulatory compliance and drive continuous improvement. If you're passionate about making a difference and thrive in a collaborative, purpose-driven environment, wed love to hear from you.

As a Risk Analyst, you will play a central role in identifying, analysing, and mitigating risks across the Society, with a focus on prudential and credit risk.

Your Responsibilities Will Include

• Delivering 2nd line reviews: Youll compile, analyse, and evaluate data to assess risk exposure and provide assurance across key areas of the business.
• Presenting findings: Your insights will help shape strategic decisions, ensuring risks are understood and managed effectively.
• Supporting 1st line teams: Youll collaborate with operational teams to develop and embed risk mitigation plans, ensuring alignment with the Risk Management Framework.
• Providing expert guidance: Youll advise on prudential risk areas including ICAAP, ILAAP, Recovery Plans, and lending policy changes.
• Monitoring risk appetite: Youll help oversee and challenge the Societys risk limits, ensuring performance is tracked and escalated appropriately.
• Contributing to key committees: Youll attend Credit, Asset & Liability Committee and Product Pricing Governance Committees, offering challenge, insight, and recommendations through written and verbal reports.
• Coaching and collaboration: Youll support colleagues across the Society in understanding and applying risk principles, fostering a culture of accountability and learning.

Were looking for someone who combines technical expertise with strong interpersonal skills and a passion for making a difference. Youll be confident working independently, but thrive in a collaborative environment where your insights and influence are valued.

The Ideal Candidate Will

• Hold a relevant qualification in finance, economics, or risk management, or possess equivalent practical experience.
• Bring at least one year of hands‑on experience in Treasury, Credit Risk, or a closely related role.
• Demonstrate the ability to write and deliver Board‑quality reports that provide clear insights and strategic value.
• Understand and apply regulatory requirements within a financial services environment.
• Confidently analyse complex prudential documents such as ICAAP, ILAAP, and Recovery Plans.

This role offers a unique opportunity to be part of a team thats actively shaping the future of the Society. Youll be supported in your professional development, encouraged to grow your skills, and work in a culture that values ethics, innovation, and collaboration.

We welcome applications from internal candidates seeking a new challenge and external applicants excited to join a purpose‑driven organisation. This is a fantastic opportunity to apply your knowledge in a role that combines analytical depth with real‑world impact, contributing directly to the Societys resilience, decision‑making, and member protection.

How To Apply

If this sounds like the right opportunity for you, wed love to hear from you. Please submit your CV and Covering Letter no later than 21st of November 2025.

We are committed to creating a diverse and inclusive workplace. We welcome and encourage applications from all qualified individuals regardless of race, ethnicity, religion, age, gender, sexual orientation, disability, or any other status protected by applicable law. We believe that a diverse and inclusive workforce leads to greater innovation and success, and we are dedicated to fostering an environment where everyone feels valued, respected, and included.