Risk Analyst

Our Graduates; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Risk Analyst to join their Corporate Risk office. In this dynamic role, you will partner with various teams to identify, assess, and mitigate enterprise risks, ensuring compliance with industry standards. Your analytical skills and attention to detail will be crucial as you develop and maintain the Enterprise Risk Management framework. This position offers an exciting opportunity to contribute to a robust risk management culture while enhancing your expertise in the financial services sector. If you're passionate about risk management and thrive in a fast-paced environment, this role is perfect for you.

Qualifications

• 2-3 years of experience in risk management within financial services.
• Knowledge of regulatory environment and compliance standards.

Responsibilities

• Identify, assess, and mitigate enterprise-wide risks.
• Conduct risk assessments and support risk management training.

Skills

Risk Management

Analytical Skills

Communication Skills

Problem Solving

Data Analysis

Organizational Skills

Education

Bachelor's Degree

Tools

Google Workspace

Microsoft Office Suite

Power BI

Job description

Job Description

About The Role:
Risk Analyst

Being a member of the OSTTRA Corporate Risk office means you will be part of a diverse and collaborative team. The Corporate Risk office serves as the front-line risk team for the organization and is accountable for assessing and instituting effective management of Enterprise Risks, as well as conformance with enterprise policies, frameworks, and standards.

The successful candidate will serve as a risk champion who will partner with the Line Managers, Business, Legal, Risk, and Compliance teams, as well as the rest of the control functions in the identification, assessment, monitoring, and mitigation of risks in both business-as-usual processes and across change initiatives.

The candidate in this role will assist with managing a comprehensive portfolio of risk management action plans across the organization, and will challenge, problem solve and escalate issues/concerns as appropriate. The Risk Analyst for this role should be highly perceptive. The candidate should also have the ability to communicate effectively and present plans in a convincing way. Ultimately, the right candidate will ensure that our company secures its reputation and profitability by controlling and managing Enterprise Risks.

Responsibilities:

Identify, assess, and mitigate enterprise-wide risks
Assist in the ongoing development, implementation, and maintenance of the organization’s Enterprise Risk Management (ERM) framework.
Ensure compliance with relevant risk management standards and best practices.
Continuously improve the ERM framework based on internal and external assessments.
Assist in the implementation and maintenance of risk management processes
Conduct risk assessments (e.g., Risk and Control Self-Assessments/RCSA) and data analysis
Support the development and maintenance of the risk register
Prepare and maintain risk-related documentation/Prepare reports and presentations to risk management and company leadership
Assist with the development and delivery of risk management training/Develop and maintain a robust risk management culture
Contribute to the development of risk mitigation plans
Proactively identify and escalate potential risks
Collaborate with other departments to gather risk information

**NOTE: The Primary Responsibilities of this role are not limited to the details above.**

Requirements:

Bachelor’s degree or equivalent work experience. Minimum of 2-3 years of related field experience (financial services industry experience, must include direct experience in risk management)
Knowledge of the financial services industry, products, and regulatory environment
Experience conducting risk and control assessments (RCSA)
Knowledge of Key Process Indicators (KPI) and Key Risk Indicators (KRI)
Familiarity with industry compliance standards and regulations
Proficient in Google Workspace and Microsoft Office suite. Experience with data visualization software (e.g., Power BI) a plus
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, interpersonal, and presentation skills/Proficient in English a must
Ability to understand broader business issues
Strong organizational, multi-tasking, and prioritizing skills – ability to drive in a fast paced, deadline driven environment and work under pressure in a dynamic and complex environment.

Tagged as: Analysis, Consulting, Fintech