Operational Risk Analyst in London

Leading Financial Services businessMeraki Talent are working with a leading financial services business to help them identify an Operational Risk Analyst due to an internal move to the front office.

The Operational Risk Analyst provides advice and assurance of the risk & control frameworks managed by the 1st line of defence and contribute to independent risk reporting to Senior Management and sits under the 2nd line of defence.

Some of your duties will include:

Risk Assessment

Direct, review & challenge performance of the Risk & Control Self-Assessment by the 1st line
Oversee thepany's risk register (s), key risk indicators and operational loss events including review of loss events for operational weakness via root cause analysis and make rmendations to reduce or mitigate risks identified

Risk Assurance

Assess the effectiveness of the businesses control environment and adherence to policies & procedures through risk assurance reviews and control assurance testing
Review & challenge business & support functions processes and controls
Maintain Operational Risk policy/procedures, model & end userputing tools inventories
Produce Operational Risk management information for themittee, highlighting material topics/key themes requiring escalation
Propose enhancements to the metrics for the reporting of Operational Risk Ml
Respond to ad-hoc queries from internal and external stakeholders relating to Operational Risk

Risk Advisory

Engage and assist in key risk projects, such as Operational Resilience, Cyber resilience
Remain up to date with regulatory obligations impacting thepany risk appetite and its regulatory responsibilities in respect of operational risk
Provide ad-hoc support to the 1st line of operational risk topics where appropriate
Develop strong positive working relationships with other departments



Support the delivery of the ICARA to help define capital and liquidity requirements
Maintain and update the risk appetite statements so that theyply with the latest regulatory changes and meet Group’s expectations
Drive the return of the necessary inputs from key stakeholders within the necessary time limits for the calculation of operational risk capital

We are looking for candidates with:

2+ years’ experience in Operational / Non-Financial Risk Management
Strong interpersonal skills, able to engage with a variety of stakeholders
Curious and proactive mind-set and understand the ‘why’; not afraid to question and challenge
Thrive in getting involved in a wide variety of tasks

Desirable

Experience working in financial services, or able to demonstrate a strong desire to learn
Regulatory knowledge and experience of FCA rules and practical application
Good Excel / IT skills andpetent at working with large volumes of data
Experience using aernance Risk and Control System Job ID 1530150