Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join us as an Operational Risk Analyst, tackling risk assessments and governance daily.
- Company: Twenty84 partners with a top London Trading and Investment firm, known for its dynamic environment.
- Benefits: Enjoy flexible working, 25 days holiday, and a chance to work abroad for 15 days yearly.
- Why this job: Expand your risk knowledge while making a real impact in a collaborative culture.
- Qualifications: 2+ years in Operational Risk Management; strong interpersonal skills and a curious mindset are essential.
- Other info: Opportunity to engage in key risk projects and develop relationships across departments.
The predicted salary is between 43200 - 72000 £ per year.
Twenty84 is proud to be partnering with one of London's leading Trading and Investment firms in recruiting for an experienced Operational Risk Analyst.
They are seeking an ambitious risk professional who would be responsible for providing advice and assurance of the risk & control frameworks managed by the 1st line of defence and contribute to independent risk reporting to Senior Management. There would also be the opportunity to support other areas of risk within the firm and therefore broadening your overall risk knowledge.
Key Responsibilities include:
Risk Assessment
- Direct, review & challenge performance of the Risk & Control Self-Assessment by the 1st line
- Oversee the Company'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 recommendations 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
Risk Governance
- Maintain Operational Risk policy/procedures, model & end user computing tools inventories
- Produce Operational Risk management information for the Risk & Compliance committee, 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
- Provide ad-hoc support to the 1st line of operational risk topics where appropriate
- Engage and assist in key risk projects, such as Operational Resilience, Cyber resilience
- Remain up to date with regulatory obligations impacting the Company risk appetite and its regulatory responsibilities in respect of operational risk
- Develop strong positive working relationships with other departments
Company Capital & Liquidity Management
- Support the delivery of the ICARA to help define the firms capital and liquidity requirements
- Maintain and update the firms risk appetite statements so that they comply 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
Skills & Experience required:
Essential
- 2+ years’ experience in Operational / Non-Financial Risk Management within first or second line
- Experience working in financial services with exposure to trading, technology or operations
- 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
- Assurance experience gained through internal audit or controls/process reviews
- Regulatory knowledge and experience of FCA rules and practical application
- Good presentation skills and experience producing management information
- Good Excel / IT skills and competent at working with large volumes of data
- Experience using a Governance Risk and Control System
In return for your knowledge and experience our client is offering a competitive salary and benefits package which includes:
- Work Abroad Policy for up to 15 days per year
- 25 days holiday plus bank holidays and additional well-being day
- Option to purchase an additional 5 days holiday per year
- Flexible working options
If you feel you have the require skills/knowledge and are ready for a new challenge, please apply today.
Operational Risk Analyst employer: twenty84
Contact Detail:
twenty84 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Analyst
✨Tip Number 1
Familiarize yourself with the specific risk frameworks and regulatory obligations relevant to the financial services industry. This knowledge will not only help you in interviews but also demonstrate your proactive approach to understanding the role.
✨Tip Number 2
Network with professionals in the operational risk field, especially those who work in trading and investment firms. Engaging in conversations can provide insights into the company culture and expectations, which can be beneficial during the interview process.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've successfully identified and mitigated risks. Having concrete examples ready will showcase your experience and problem-solving skills effectively.
✨Tip Number 4
Stay updated on current trends and challenges in operational risk management, particularly in relation to technology and cyber resilience. This will allow you to speak knowledgeably about how these issues impact the firm and its risk appetite.
We think you need these skills to ace Operational Risk Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Operational Risk Analyst position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant experience in Operational or Non-Financial Risk Management. Emphasize your exposure to financial services, trading, technology, or operations, as well as any assurance experience you may have.
Craft a Compelling Cover Letter: Write a cover letter that showcases your curiosity and proactive mindset. Discuss specific examples of how you've engaged with stakeholders and contributed to risk management in previous roles.
Highlight Relevant Skills: In your application, make sure to mention your strong interpersonal skills, ability to challenge processes, and experience with data analysis. If you have knowledge of FCA rules or experience with Governance Risk and Control Systems, be sure to include that as well.
How to prepare for a job interview at twenty84
✨Understand the Risk Framework
Make sure you have a solid grasp of risk and control frameworks, especially those relevant to the first line of defense. Be prepared to discuss how you've previously assessed and challenged these frameworks in your past roles.
✨Showcase Your Analytical Skills
Highlight your experience with risk assessments and root cause analysis. Be ready to provide examples of how you've identified operational weaknesses and proposed effective solutions in previous positions.
✨Engage with Stakeholders
Demonstrate your strong interpersonal skills by discussing how you've built relationships with various stakeholders. Share specific instances where your communication skills helped facilitate risk management processes.
✨Stay Updated on Regulations
Familiarize yourself with the latest regulatory obligations impacting operational risk. Be prepared to discuss how you’ve kept up with changes in regulations and how they affect risk appetite and management within a financial services context.
