At a Glance
- Tasks: Support risk management operations and enhance the ERM framework in Wealth Management.
- Company: Dynamic Wealth Management firm focused on collaboration and growth.
- Benefits: Competitive salary, professional development, and a supportive work culture.
- Other info: Opportunity for career advancement in a fast-paced environment.
- Why this job: Join a team that values your insights and helps shape risk management strategies.
- Qualifications: 2-5 years in risk management and strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
Are you a Risk professional looking to further your career in the Wealth Management sector? We are seeking a motivated Risk Analyst to join a growing Wealth Management firm where you will support the day-to-day operation of the Enterprise Risk Management (ERM) framework. The role plays a key part in ensuring operational and strategic risks are effectively identified, assessed, monitored and reported. Working across the business, you will help reinforce the three lines of defence model, support regulatory compliance, and contribute to a strong risk management culture. This is an excellent opportunity for a risk professional looking to develop their experience within a collaborative and evolving risk function.
Key Responsibilities
- Risk Identification & Assessment
- Work with first-line teams to identify and assess risks across the organisation.
- Conduct risk assessments to identify vulnerabilities and control gaps.
- Maintain and update risk registers and associated documentation.
- Support the implementation and ongoing management of risk management systems and reporting tools.
- Risk Monitoring & Reporting
- Develop and maintain risk dashboards and key risk indicators (KRIs).
- Prepare risk reporting and management information for senior leadership and governance committees.
- Monitor risk exposure against defined risk appetite limits.
- Manage incident reporting, policy breaches and remediation actions.
- Support internal and external audit activity.
- Policy & Framework Development
- Contribute to the development and enhancement of the organisation’s risk management framework.
- Support the implementation and continuous improvement of enterprise risk management processes.
- Assist in delivering training and awareness initiatives to promote a strong risk culture across the organisation.
Key Performance Indicators
- Timely and accurate maintenance of risk registers, incidents and control assessments.
- Delivery of high-quality risk reporting and management information.
- Effective identification, escalation and documentation of emerging risks.
- Robust analysis of operational and conduct risk data to support prioritisation of remediation actions.
- Strong collaboration with stakeholders across the business to support risk identification and mitigation.
- Continuous improvement of risk processes, reporting and analytical capabilities.
Skills & Experience
- Essential
- 2–5 years’ experience in risk management within financial services.
- Experience supporting risk identification, assessment and monitoring processes.
- Strong data analysis and management information capability, including tools such as Power BI and advanced Excel.
- Experience producing risk reporting for governance forums or senior management committees.
- Understanding of UK financial services regulatory frameworks and conduct risk considerations.
- Strong analytical skills with the ability to identify root causes and control weaknesses.
- Excellent stakeholder engagement and communication skills.
- Desirable
- Experience using GRC or risk management systems (e.g. RiskSmart or similar platforms).
- Familiarity with ICARA under MIFIDPRU, including operational, conduct and prudential risk considerations.
Qualifications
- Degree or professional qualification in law, finance, risk management or a related discipline, or equivalent experience.
- Professional risk certifications (e.g. CISI, IRM, ACAMS) are desirable.
Personal Attributes
- High level of integrity, professionalism and sound judgement.
- Strong attention to detail and analytical mindset.
- Ability to communicate complex information clearly and effectively.
- Collaborative approach with a commitment to promoting a positive risk culture.
- Commitment to ethical conduct and regulatory standards.
Risk Analyst employer: MERJE
Join a dynamic Wealth Management firm that prioritises employee development and fosters a collaborative work culture. As a Risk Analyst, you will benefit from comprehensive training opportunities, a supportive environment for professional growth, and the chance to contribute to a strong risk management culture while working alongside experienced professionals in the financial services sector. Located in a vibrant area, this role offers not only meaningful work but also the chance to be part of an evolving team dedicated to excellence in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Analyst
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like MERJE looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at MERJE. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at MERJE
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with MERJE’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
