Risk Analyst

Chip; London; On-site; GBP 40,000; Full time

Job summary

Join an innovative fintech startup on a mission to revolutionize wealth management. This role offers a unique opportunity to shape risk management practices in a dynamic environment. You'll work closely with various teams to embed risk strategies and contribute to a culture of collaboration and growth. Ideal for someone early in their risk career, this position promises exposure to diverse risk areas, including cyber and operational risks. If you're proactive, eager to learn, and ready to make a meaningful impact, this is the perfect opportunity for you.

Benefits

Discretionary performance bonus up to 10% (cash) and 5% (shares)

Workplace pension scheme contributing 5% on earnings up to £50,000

Private medical insurance

Employee Assistance Programme

Cycle to work scheme

Season ticket loan

Free ChipX subscription for UK employees

Flexible working arrangements

28 days holiday plus bank holidays

Annual training budget for professional development

Company laptop

£30/month fitness benefit

Qualifications

• Basic understanding of risk methodologies and a desire to learn.
• Experience with risk management practices and methodologies.

Responsibilities

• Support risk owners in identifying, documenting, and assessing risks.
• Collaborate on control testing to understand the control landscape.
• Track risk initiatives and ensure effective mitigation plans.

Skills

Risk Management Practices

Communication Skills

Critical Thinking

Problem-Solving Skills

Excel Formulas

SQL

Data Analytics

Job description

We’re growing fast and we have some very exciting plans. We’re looking for someone who’s proactive, curious, and excited about shaping risk management in a fast-paced, growing business. The ideal candidate will be eager to learn, take initiative, and navigate ambiguity comfortably.

Our goal is to find efficient, practical, and scalable ways to manage the risks faced by our expanding business. You should have a basic understanding of risk methodologies and approaches, with a strong desire to broaden your knowledge across different risk areas. The successful candidate will collaborate closely with all business units to embed risk management policies and strategies into Chip’s first-line teams.

This role is ideal for someone early in their risk career, offering the opportunity to impact risk management at Chip and gain exposure to cyber, data security, operational, and strategic risks. Our innovative methods will challenge your ability to apply your knowledge creatively and develop relevant controls to keep risk levels within tolerances.

What you can expect to do:

1. Continuously expand your knowledge and identify opportunities to leverage data and new technologies to mitigate risks.
2. Support risk owners in identifying, documenting, and assessing risks.
3. Collaborate with the business on control testing to understand the control landscape.
4. Track risk initiatives, including issues, incidents, actions, regulatory deadlines, and reporting.
5. Understand root causes of incidents and ensure mitigation plans are effective, challenging the business when necessary.
6. Participate in Business Continuity Planning and testing with technical stakeholders.
7. Assist in preparing documentation and metrics for escalation to senior stakeholders and committees.
8. Build strong relationships with stakeholders to understand risk exposure, control environment, deficiencies, and opportunities.

What we’re looking for:

• Experience with risk management practices and methodologies.
• Ability to make judgment calls based on knowledge of Chip’s products and processes.
• Excellent communication, critical thinking, and problem-solving skills.
• A team-oriented mindset with eagerness to learn, initiative, and comfort with ambiguity.
• Knowledge of Excel formulas, with a willingness to learn SQL and data analytics.

What we’re really looking for:

Someone genuinely interested in Chip and excited about contributing to a fast-growing company and our mission to build the investment super app of the future.

While we operate in the financial sector with regulatory scrutiny, our current team works well together and values a positive, collaborative culture. We seek a genuine person with diverse interests outside of work—dancer, gamer, musician, parent, sports fan, or even fan-fiction writer—your individuality matters to us.

During interviews, we’ll look for empathy, emotional intelligence, engaging stories, and the ability to stay positive under pressure.

Working Hours

• Monday to Thursday: 9:00 AM – 6:00 PM
• Friday: 8:00 AM – 4:00 PM (early start to the weekend!)

Enjoy a structured, balanced workweek with an early finish on Fridays.

PERKS

• £40,000 per annum
• Discretionary performance bonus up to 10% (cash) and 5% (shares)
• Workplace pension scheme contributing 5% on earnings up to £50,000
• Private medical insurance
• Employee Assistance Programme
• Cycle to work scheme
• Season ticket loan
• Free ChipX subscription for UK employees
• Commitment to diversity and inclusion
• Flexible working arrangements
• 28 days holiday plus bank holidays and additional days between Christmas and New Year
• Annual training budget for professional development
• £30/month fitness benefit
• Company laptop
• Opportunity to impact our product and grow in a high-growth fintech startup

Interview Process:

1. Video screening with Talent team
2. Video interview with hiring manager
3. Final interview with Chief Risk & Compliance Officer

About Chip

Our mission is to make our customers wealthy by building the wealth super app of the future—an app for savings, investments, and pensions that simplifies wealth management and empowers users to invest like the ultra-wealthy. Recognized as one of Britain’s fastest-growing tech companies, Chip serves over 300,000 customers with assets exceeding £5 billion. We are a diverse, passionate team committed to innovation and excellence.