At a Glance
- Tasks: Support risk management framework and collaborate with teams to identify and manage operational risks.
- Company: Join a leading regulated financial services organisation in London.
- Benefits: Competitive salary, strong career development, and a dynamic work environment.
- Other info: Office-based role with opportunities for professional growth and a vibrant company culture.
- Why this job: Make a real impact on risk management while developing your skills in a supportive team.
- Qualifications: Five years' experience in operational risk or related fields, with strong analytical skills.
The predicted salary is between 50000 - 65000 £ per year.
Operational Risk Analyst - Second Line of Defence
Location
London
Salary
Visa sponsorship
Not available
We are partnering with a regulated financial services organisation looking to appoint a Operational Risk Analyst to the Risk Team.
This role would suit someone with a strong understanding of operational risk principles, risk and control frameworks, and the Three Lines of Defence model.
You will work closely with stakeholders across the business to identify, assess and monitor operational risks while supporting the continued development of the organisation’s risk management framework.
Key responsibilities
- Support the ongoing development and maintenance of the operational risk management framework.
- Partner with business areas to identify, assess and manage operational risks and controls.
- Facilitate and challenge Risk and Control Self-Assessments (RCSAs).
- Support the recording, investigation and monitoring of operational risk events, issues and remediation actions.
- Assist with the development and monitoring of Key Risk Indicators (KRIs).
- Review the design and effectiveness of controls, identifying gaps and opportunities for improvement.
- Provide constructive challenge to the first line while maintaining strong stakeholder relationships.
- Produce clear risk reporting and management information for senior stakeholders and governance committees.
- Support operational risk training and promote a strong risk and control culture across the organisation.
- Assist with emerging risk assessments, scenario analysis and wider operational risk initiatives.
Experience required
- Five or more years’ experience within operational risk, enterprise risk, compliance, internal audit or another relevant control function.
- Experience working within a regulated financial services environment.
- Solid understanding of operational risk concepts and risk and control frameworks.
- Good knowledge of the Three Lines of Defence model.
- Experience with RCSAs, risk events, control assessments, KRIs and remediation tracking.
- Strong analytical and problem-solving skills.
- Confident communicator with the ability to engage and challenge stakeholders effectively.
- Able to produce clear, concise risk reporting and documentation.
Please note that this role requires four days per week in the London office and visa sponsorship cannot be provided.
Operational Risk Analyst in London employer: ETRA Talent
ETRA Talent is an exceptional employer that fosters a dynamic work culture in the heart of London, offering employees the chance to thrive in a collaborative environment focused on compliance excellence. With a commitment to professional development, we provide ample opportunities for growth and advancement, ensuring our team members are well-equipped to navigate the complexities of financial regulations while contributing to the commercial success of our institutional markets. Join us to be part of a forward-thinking organisation that values innovation and integrity in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like ETRA Talent. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Operational Risk Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ETRA Talent.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on ETRA Talent's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at ETRA Talent
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with ETRA Talent.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at ETRA Talent will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former ETRA Talent employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
