Risk & Compliance Analyst

Lumonpay; Greater London; Hybrid; GBP 40,000 - 55,000; Full time

Benefits offered by this job

25 days annual leave

Hybrid working (3 days in office, 2 at

Private medical cover

Salary Sacrifice Pension

Life Assurance (4x)

Job summary

Lumon is seeking aRisk & Compliance professional to support the Head of Risk and Compliance in maintaining Lumon’s Enterprise Risk Management framework. You will work across second-line risk activities for all regulated Lumon entities, documenting risks and controls and delivering a robust risk management programme.

You will collaborate with business areas to produce MI, monitor KRIs, and support incident management, regulatory reporting, and policy updates, with a hybrid office-based

Qualifications

• 1-2 years’ experience operating in an enterprise / operational risk role within financial services, knowledge of KRIs and the monitoring they feed into
• Able to build relationships across the business, understand and evaluate risks and controls
• Strong verbal and written communication skills
• Can work independently
• Ability to analyse and interpret data
• Proactive, interest in progressing professional risk/compliance qualifications
• Understanding of trading, payments, FX products
• UK/FCA regulatory compliance knowledge
• Power BI, JIRA/Confluence

Responsibilities

• Support second-line oversight of the ERM framework and risk registers
• Track and report KRIs including resilience and cyber indicators
• Support incident management and regulatory reporting thresholds
• Assist with third-line assurance actions and RCAs
• Produce MI and risk reports for Risk Committee and Board
• Review outsourcing and third‑party supplier arrangements for DORA relevance
• Support business continuity and disaster recovery activities
• Assist with policy maintenance and updates

Skills

Risk management

KRIs monitoring

Data analysis

Stakeholder relationships

Regulatory knowledge

Tools

Power BI

JIRA

Confluence

Job description

Who are we?

Lumon's mission is to become the world's most trusted currency partner.

Businesses and individuals move money across borders through us, whether that's paying an overseas supplier or sending money home to family. We back it with technology that does the heavy lifting and people who actually know your situation.

We're growing fast across the UK and Europe, and building the kind of workplace people stay for.

What will you be doing?

Supporting the Head of Risk and Compliance in the operation and continuous improvement of Lumon's Enterprise Risk Management framework, this role provides support across second-line risk activities for all three of Lumon’s regulated entities.

You will be part of the Risk & Compliance team, working closely with the business areas to understand and document their risks and controls, delivering an effective risk management programme for Lumon.

Some of the key activities you can expect include:

• Supporting second-line oversight of the ERM framework, including maintenance of risk registers, through ongoing engagement with and challenge to first-line risk owners
• Tracking, monitoring and reporting of Key Risk Indicators (KRIs) – including operational resilience and cyber risk indicators – emerging risks, and Risk & Control Self-Assessments (RCSAs)
• Supporting the incident management process and reporting – including root cause analysis, tracking remedial actions to timely resolution, and supporting assessment of regulatory notification requirements and thresholds across the FCA, CBI and DORA reporting regimes where applicable
• Supporting the implementation of actions arising from second- and third-line assurance reviews
• Producing MI and reports on risk exposures, KRI trends, incident data and RCSA outcomes for Risk Committee and Board reporting
• Supporting assessment of outsourcing and third-party supplier arrangements, including initial and periodic reviews, materiality/criticality classification, and consideration of DORA ICT third-party requirements where relevant
• Supporting operational resilience activities, including maintenance of important/critical business services mapping, impact tolerance monitoring, and self-assessment and testing
• Supporting business continuity and disaster recovery activities, including coordination of testing schedules and maintenance of related documentation
• Supporting maintenance of Lumon's policy framework, ensuring policies are reviewed and updated on schedule by policy owners
• Assisting with updates to Lumon's Risk and Compliance policies as necessary

What will help you succeed in this role?

• 1-2 years’ experience operating in an enterprise / operational risk role within financial services, knowledge of KRIs and the monitoring they feed into
• Able to build relationships across the business, understand and evaluate risks and controls
• Strong verbal and written communication skills
• Can work independently
• Ability to analyse and interpret data
• Proactive, interest in progressing professional risk/compliance qualifications
• Understanding of trading, payments, FX products
• UK/FCA regulatory compliance knowledge
• Working knowledge of regulations such as the EMRs 2011, PSRs 2017, MiFID II
• Policy management
• Power BI, JIRA/Confluence

What we will offer in return:

• 25 days of annual leave, with a chance to purchase up to 5 more
• Birthday off
• 2 additional days off for ‘Moments that Matter’ (pro rata from your start date)
• Hybrid Working - 3 days in the office and 2 at home.
• Enhanced maternity and paternity leave
• Enhanced sick pay
• Private medical cover (administered by Bupa)
• Medicash health scheme
• Salary Sacrifice Pension
• 4x Life Assurance
• Menopause support
• Cycle to work scheme
• Electric Vehicle scheme (eligibility criteria applies)
• Season ticket loan
• Specsavers eye test voucher
• Employee Assistance Programme
• Access to gym discounts as well as a wide range of other benefits and discounts through our online portal
• Monthly lunch and social events

Why join Lumon?

We support customers in over 150 countries, with offices across the UK and Europe, combining technology with real human support.

People come first here. Everyone's heard, and everyone has room to grow, whatever your background. We welcome people who see things differently. That diversity makes our teams stronger, and shows up in the experience we give customers.

Need adjustments during the process? Just tell us.