Operational Risk Associate

Location – London (with occasional travel to other office locations if required)

Salary – 40-50k (DOE) plus benefits (see bottom of advert for further benefits information)

Hybrid working – 40% (2 days a week in office) required with Tuesday & Thursday being the ideal in-office days, and at least one of these is a compulsory team office day.

Full-time hours (35 hours per week) with part-time applications also welcome

LCP is an award-winning actuarial and analytics consultancy providing market-leading capabilities and advice across pensions and financial services, energy, health, and analytics.

What\’s the role?

This is an exciting new opening to join LCP at a very exciting stage of our growth! Reporting to the Chief Risk & Compliance Officer (CRCO) you will provide essential support to the Risk Manager and Chief Risk and Compliance Officer (CRCO) in the management and oversight of the firm\’s risk framework. You will assist in the identification, assessment, and mitigation of operational, regulatory, financial and reputational risks across the business and promote a culture of robust risk management through training and awareness initiatives. You will collaborate closely with teams across the firm to deliver practical, innovative and effective risk solutions, contributing to the firm\’s operational resilience.

This is an excellent opportunity for a motivated individual looking to develop their risk management career in a dynamic and growing company. If you are proactive, enjoy supporting critical business functions, and are eager to contribute to our firm’s success, we would love to hear from you!

Your key responsibilities will be to:

• Assist in the implementation, maintenance and continuous improvement of the firm’s Risk Management Framework, including related policies and procedures
• Assist with preparation and analysis of risk management reporting for the Board, Executive Committee and Risk Committee
• Support business areas to conduct and document risk assessments, this includes identifying and evaluating potential risks and proposing and tracking mitigating actions
• Work with the Risk Manager and stakeholders to investigate reported incidents and near misses, ensuring lessons learned are communicated, trends are identified and processes are improved
• Engage with stakeholders to promote an integrated approach to risk management and foster strong relationships
• Provide administrative support for the Risk Manager and CRCO, including maintaining identified key risk mitigation plans and tracking actions
• Monitor regulatory developments and industry trends, integrating relevant changes into the firm’s risk policies and processes
• Contribute to risk-related training and awareness initiatives to enhance the firm’s risk culture
• Assist in delivering key projects and initiatives related to governance, risk, and compliance as directed by the Risk Manager and CRCO

What key skills, experience and qualities are we looking for?

• A bachelor’s degree or equivalent qualification, preferably in business or risk management, or a related field
• Previous experience in a risk, compliance, or audit role, ideally within a professional services, financial services, or another regulated environment
• Working towards or willingness to pursue a professional qualification in risk management, compliance, or audit (eg, IRM, ICA, or equivalent) is advantageous
• Familiarity with the Financial Conduct Authority (FCA) regulatory requirements and economic crime frameworks is a plus
• Experience with governance, risk and compliance (GRC) solutions is desirable
• Excellent communication skills with the ability to build excellent working relationships across a variety of teams
• High levels of attention to details and accuracy
• Proactive and self-motivated, with the ability to manage multiple tasks and priorities in a dynamic environment
• Sound judgement and integrity, with a high commitment to confidentiality and ethical conduct
• Excellent proficiency in Microsoft Office (Teams, Excel, Word, PowerPoint) and familiarity with data analysis or risk modelling tools is advantageous

What’s in it for you?

Take a look at our Glassdoor and Career stories pages to see why our people love being here! As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

• Hybrid working (see top of the advert for details)
• Professional study support (where applicable)
• Access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks

For your family:

• Life assurance
• Income protection
• Enhanced maternity/paternity/adoption and shared parental leave

For your health:

• 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!) with options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships, critical illness and dental insurance through our flexible benefits
• Cycle to work scheme
• Digital GP services

For your wealth:

• Discretionary bonus scheme
• Season ticket loans

For others:

• Volunteering opportunities

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application.

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