Risk Analyst

Risk Analyst

Newcastle upon Tyne Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Risk Analyst, you'll develop and implement risk management frameworks to keep our business safe.
  • Company: Join a leading firm in Financial Services dedicated to maintaining a strong risk culture.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
  • Why this job: This role offers a chance to make a real impact on business processes and risk management.
  • Qualifications: We're looking for candidates with experience in Financial Services and knowledge of risk management best practices.
  • Other info: Ideal for those passionate about risk assessment and eager to drive improvements.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

Risk Analyst

Responsibilities of the Risk Analyst:

-Develop and implement a robust risk management framework to identify and monitor risk

-Maintain the risk management framework and ensure the firm maintains a strong risk culture

-Drive improvements to processes that will reduce the risks that the business faces

-Assist with Risk & Control Self Assessments and reporting around controls and the controls assurance programme

Background of the Risk Analyst:

-Experience working within Financial Services in a risk based role

-Experience in either a first or second line risk role

-Knowledge of risk management methodologies, frameworks and best practices

Risk Analyst employer: Meraki Talent

At our company, we pride ourselves on fostering a dynamic work environment that encourages innovation and collaboration. As a Risk Analyst, you will benefit from comprehensive professional development opportunities and a strong commitment to employee well-being, all while working in the heart of the financial services sector. Join us to be part of a culture that values risk management excellence and empowers you to make a meaningful impact.
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Contact Detail:

Meraki Talent Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst

✨Tip Number 1

Make sure to familiarize yourself with the latest risk management frameworks and methodologies. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the financial services sector, especially those who work in risk management. Engaging in conversations can provide insights into the company culture and expectations for the Risk Analyst role.

✨Tip Number 3

Prepare to discuss specific examples from your past experience where you successfully identified and mitigated risks. This will showcase your practical knowledge and problem-solving skills during the interview.

✨Tip Number 4

Stay informed about current trends and challenges in the financial services industry. Being able to discuss these topics will show your passion for the field and your ability to contribute to the company's risk management efforts.

We think you need these skills to ace Risk Analyst

Risk Management Framework Development
Risk Assessment and Monitoring
Process Improvement
Risk Culture Promotion
Risk & Control Self Assessments
Controls Assurance Reporting
Financial Services Experience
First or Second Line Risk Role Experience
Knowledge of Risk Management Methodologies
Understanding of Risk Frameworks
Best Practices in Risk Management
Analytical Skills
Attention to Detail
Communication Skills
Problem-Solving Skills

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Risk Analyst position. Understand the responsibilities and required background, as this will help you tailor your application to highlight relevant experiences.

Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in financial services and any specific risk management roles you've held. Use concrete examples to demonstrate your knowledge of risk management methodologies and frameworks.

Showcase Your Skills: Clearly outline your skills related to risk assessment and control self-assessments. Mention any tools or software you are familiar with that are relevant to risk management, as this can set you apart from other candidates.

Craft a Strong Cover Letter: Write a compelling cover letter that connects your background and skills to the responsibilities of the Risk Analyst role. Make sure to express your enthusiasm for the position and how you can contribute to maintaining a strong risk culture within the firm.

How to prepare for a job interview at Meraki Talent

✨Show Your Knowledge of Risk Management

Be prepared to discuss various risk management methodologies and frameworks. Highlight your understanding of best practices in the industry, as this will demonstrate your expertise and fit for the role.

✨Discuss Your Experience

Share specific examples from your previous roles in financial services where you successfully identified and managed risks. This will help illustrate your practical experience and how it aligns with the responsibilities of the Risk Analyst position.

✨Emphasize Process Improvement Skills

Talk about instances where you have driven improvements in processes to mitigate risks. Companies value candidates who can proactively enhance their risk management framework.

✨Prepare for Behavioral Questions

Expect questions that assess your ability to maintain a strong risk culture and collaborate with teams. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.

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