Risk Analyst

Evolution Money Ltd; Manchester; On-site; GBP 31,000 - 37,000; Full time

Job summary

A financial services firm in Manchester is seeking a Risk Analyst to ensure effective risk identification and management. The ideal candidate has at least 2 years of experience in regulated financial services, is familiar with UK regulations, and possesses strong decision-making and communication skills. This position offers up to £37,000 per year along with comprehensive benefits including annual leave, health plans, and more.

Benefits

Up to 25 days annual leave + Bank Holidays

Your birthday off every year

Healthcare cash plan

Contributory pensions scheme

Cycle to work scheme

Life Assurance

Qualifications

• Minimum 2 years in a risk or compliance role.
• Understanding of risk management frameworks.
• Knowledge of UK regulatory framework (FCA and ICO).

Responsibilities

• Identify and mitigate key risks across the business.
• Enhance enterprise-wide risk management.
• Monitor compliance and effectiveness of controls.

Skills

Risk management practices

Regulatory compliance knowledge

Attention to detail

Decision-making skills

Communication skills

Education

2 years experience in regulated financial services

Tools

Risk management software

Job description

Overview

Job Title: Risk Analyst

Company: Evolution Money

Location: Manchester City Centre

Job Type: Full-time

Basic Salary: up to £37,000.00 dependent on experience.

Evolution Money is a Certified B Corp with a social purpose. Our mission is to redefine financial inclusion by providing bespoke lending solutions to UK homeowners, empowering individuals and fostering long-term financial well-being. We aim to challenge traditional norms and create a pathway for those who might be overlooked by conventional financial institutions.

The Role

Reporting to the Risk & Compliance Manager, you’ll ensure that key risks are identified and controls are working effectively across the business. You’ll support our teams in reaching our strategic objectives in line with our risk appetite, keeping customers’ best interests at the heart of what we do. This is an excellent opportunity to become a valued member of Team Evo and grow with us.

Key Responsibilities

• Provide assurance to the Risk & Compliance Manager that key risks are identified, and mitigation controls are in place and working well across the wider business.
• Apply knowledge and experience of risk management practices to support the enhancement of enterprise-wide risk management.
• Help track performance against risk appetite statements including targets and tolerances set by the Board/SLT.
• Conduct horizon scanning to identify and analyse issues and emerging risks and trends, interpreting complex legal and regulatory documents.
• Support the business in the operation, analysis, and resolution of risk events/incidents.
• Support the wider business with Risk & Control Self-Assessment, clearly articulating findings within the department and in strategic operational meetings.

Additional Tasks

• Undertake assigned tasks related to the Audit & Risk activity to support departmental objectives, including but not limited to:
• Completion of 3rd party/supplier due diligence.
• Ensuring adherence to policy and procedure across the business.
• Leading or assisting with the roll out of risk-based training.
• Attending trade body webinars/seminars as a representative of Evolution.
• Monitoring business-wide compliance by regularly assessing the effectiveness of existing controls and staying up to date with changes in laws, regulations and best practices affecting the industry risk landscape.

Qualifications

Minimum:

• A minimum of 2 years’ experience in regulated financial services, ideally in a risk or compliance capacity.
• Comprehensive knowledge and understanding of risk and control management frameworks, tools, and techniques.

Additional:

• Comprehensive knowledge and understanding of the UK regulatory framework (FCA and ICO).
• High attention to detail and high-quality standards.
• Excellent time management skills and ability to manage changes to priorities and deadlines.
• Excellent decision-making and problem-solving skills. Experience in addressing risk, control, and non-compliance issues including root cause analysis, identifying gaps and corrective and preventive action.
• Excellent communication and organisation skills. Ability to clearly express ideas and communicate succinctly across a range of colleagues, including senior managers.
• Ability to work as a team member and on own initiative.

Desirable

• Industry-recognised certification in risk management.
• Risk management software experience.

Benefits

• Up to 25 days’ annual leave + Bank Holidays
• Your birthday off, every year!
• A healthcare cash plan
• A contributory pensions scheme, matched up to 5%
• Long Service Awards
• Cycle to work scheme
• Life Assurance

Company Culture & Inclusion

We are committed to equality, diversity and inclusion and strive to create a working environment where every employee is respected. All hiring decisions are based on merit. We welcome applications from all backgrounds and communities, and we are happy to discuss any reasonable adjustments you may require during recruitment. For adjustments, please contact [e-mail].

Evolution Money is a Disability Confident Committed employer. We offer an interview to anyone with a disability who meets the minimum criteria for the role.