Senior Operational Risk Analyst

Peninsula Group; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

An established industry player is looking for a Senior Operational Risk Analyst to enhance their risk management capabilities. In this pivotal role, you will leverage your expertise to implement frameworks, support incident management, and improve policies. Your insights will be crucial in driving a culture of risk awareness and operational excellence. This is a fantastic opportunity to make a significant impact in a dynamic environment, collaborating with various teams and stakeholders. If you thrive in challenging situations and are passionate about risk management, this role is tailored for you.

Qualifications

• Experience in operational risk or related functions in commodity trading or bunkering.
• Strong IT skills and aptitude with risk management systems.

Responsibilities

• Implementing Operational Risk framework across commercial and operational activities.
• Preparing risk reports and presenting findings in internal meetings.

Skills

Operational Risk Management

Communication Skills

Interpersonal Skills

Adaptability

Analytical Skills

Education

Professional qualifications in accounting (ACA/ACCA/CIMA)

Risk & financial qualifications (FRM/ERP/CFA)

Tools

Energy Trading Risk Management Systems (ETRM)

BPMN process mapping

Job description

We are seeking a Senior Operational Risk Analyst with prior experience working in a risk, compliance, or internal audit position in a relevant industry e.g., commodities, shipping, bunkering.

Importantly they will bring subject matter expertise and strong knowledge of risk management frameworks & principles, to help upskill the knowledge of the team and develop the overall awareness and maturity of the company when it comes to effective risk management.

MAIN RESPONSIBILITIES

• Supporting the implementation of Operational Risk framework across core and emerging commercial and operational activities.
• Provide subject matter expertise and insights to management and wider organisation on operational risk issues and industry best practice.
• Deputising for the Operational Risk Manager in supporting the team and providing representation & input into various tasks and meetings.
• Helping to review & improve on existing policies and guidelines in order increase risk management awareness and drive change in culture & behaviours
• Supporting the Incident Management Regime by investigating and analysing incident reports to identify control gaps or weaknesses, and document findings and improvement suggestions via written reports;
• Helping to devise and implement and Enterprise Risk Management framework and Risk Control Self-Assessments (RCSA);
• Lead internal initiatives to develop & improve risk controls
• Contributing & maintaining the iServer business process infrastructure, procedural documentation, key processes and controls across all departments and ensure continuous improvement to avoid risks;
• Preparing risk reports and updates and presenting this information as part of regular internal risk management meetings.
• Supporting the Systems Development Lifecycle by working with IT to ensure that system changes or enhancements are aligned with the risk management & control framework and consistent with desired business process.

KNOWLEDGE, SKILLS AND EXPERIENCE

• Commodity trading or bunkering background with proven experience of working in an operational risk role or related function;
• A flexible and adaptable attitude, with the ability to multi-task and respond quickly to changing priorities;
• An individual that is unfazed and comfortable with new, complicated, vague or ill-defined information or processes;
• Excellent verbal and written communication skills, able to present information in a concise, logical manner;
• Strong interpersonal skills and the ability to build, expand and maintain collaborative relationships with internal and external stakeholders at all levels of the business;
• Ability to mediate between different character types and points of view to achieve outcomes;
• Knowledge of operational risk and control processes;
• Experience in risk, audit/assurance, compliance/internal control or consulting;
• Strong IT Skills and aptitude, experience with Energy Trading Risk Management Systems (ETRM);
• BPMN process mapping experience;
• Professional qualifications preferred in accounting (ACA/ACCA/CIMA) or risk & financial (FRM/ERP/CFA).