Risk & Compliance Analyst

Lumon; United Kingdom; Hybrid; GBP 42,000 - 64,000; Full time

Benefits offered by this job

Annual leave 25 days

Birthday off

Hybrid working

Medical cover

Job summary

Lumon is seeking a Risk & Compliance professional to support the Head of Risk and Compliance in maintaining Lumon’s Enterprise Risk Management framework across its regulated entities. The role involves documenting risks and controls, reporting on risk indicators, and assisting in second- and third-line assurance reviews.

It requires collaboration with business areas and a proactive approach to risk management.

Qualifications

• 1-2 years’ experience operating in an enterprise / operational risk role within financial services.
• Knowledge of KRIs and the monitoring they feed into.
• UK regulatory compliance knowledge (FCA, EMRs, PSRs, MiFID II) and risk reporting processes.

Responsibilities

• Maintain and support the ERM framework, including risk registers and oversight by second line.
• Track, monitor and report KRIs, including cyber risk and operational resilience indicators.
• Support incident management, root cause analysis and remediation tracking.
• Assist with third- and second-line assurance actions and policy updates.
• Produce reports on risk exposures, KRI trends and RCSA outcomes for committees.

Skills

Power BI

JIRA/Confluence

Tools

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.