Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: As a Risk Analyst, you'll prepare risk reports and ensure compliance with governance requirements.
- Company: Join a customer-centric organisation offering mortgages and savings in a dynamic environment.
- Benefits: Enjoy hybrid working, competitive salary, and an amazing benefits package.
- Why this job: This role offers a chance to impact operational risk management and collaborate with senior management.
- Qualifications: Experience in risk management frameworks and data analysis is essential; financial services experience is a plus.
- Other info: Flexible working options available, with 2 days in the office and remote work.
The predicted salary is between 28800 - 48000 £ per year.
Are you an Operational, Risk and Reporting expert, seeking a new challenge within a customer centric organisation? Our client offers mortgages and savings to market and have an exciting opportunity within their Business Operational Control Team. Working as part of a smaller team, this role ensures the operational business processes are operating within risk appetite, alongside promoting best practices and standards for operational risk management throughout the organisation.
A key part of this role is preparing accurate and timely risk reports and communicating risk information to senior management.
Duties of the Risk Analyst will include:
- Maintain compliance with risk governance and reporting requirements by preparing accurate and timely risk reports, maintaining risk governance documentation, compiling content for the risk committees and effectively communicating risk information to senior management.
- Prepare Enterprise Risk Committee reporting by compiling and analysing risk content.
- Collaborate with first line functions to challenge risk positions and to gather and analyse risk data.
- Act as one of the key liaison points between the Business Operational Control Team (1LOD) and the Risk & Compliance Team (2LOD), supporting the business in undertaking periodic reviews of Risk & Control Self-Assessment (RCSA), and providing support to assist the assessment of adherence to Risk Appetite.
- Maintain oversight of risk actions, including audit actions, ensuring timely follow up and escalation of overdue items where necessary.
- Support in second-line control testing and monitoring activities.
This role would suit an individual who has experience and understanding of risk management frameworks, an ability to analyse risk data and produce high quality reports for senior management and have an understanding around business change. Whilst experience in financial services would be highly desirable, our client is open to individuals who have gained experience in a regulated environment.
Our client offers a hybrid approach to the working week, with 2 days based at their head office and the remainder working remotely (open to further flexibility). They offer a competitive salary and a fantastic benefit package too!
If this sounds like the next step in your career, apply today!
Risk Analyst employer: Ultimate Banking Ltd
Contact Detail:
Ultimate Banking Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst
✨Tip Number 1
Familiarise yourself with the specific risk management frameworks relevant to the financial services sector. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals already working in risk management or related fields. Engaging with them on platforms like LinkedIn can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Prepare to discuss your analytical skills in detail. Be ready to share examples of how you've successfully analysed risk data and produced reports in previous roles, as this is a key aspect of the Risk Analyst position.
✨Tip Number 4
Research the company’s recent developments and challenges in risk management. Being knowledgeable about their current situation will allow you to tailor your discussions and show that you're genuinely interested in contributing to their success.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Risk Analyst. Familiarise yourself with risk management frameworks and the specific duties mentioned in the job description.
Tailor Your CV: Customise your CV to highlight relevant experience in operational risk management and reporting. Emphasise any experience you have in preparing risk reports and collaborating with teams, as these are key aspects of the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for risk management and your understanding of the company's objectives. Mention how your skills align with their needs and provide examples of your past achievements in similar roles.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Ultimate Banking Ltd
✨Understand Risk Management Frameworks
Make sure you have a solid grasp of risk management frameworks. Be prepared to discuss how these frameworks apply to the role and provide examples from your past experience where you've successfully implemented or adhered to such frameworks.
✨Prepare for Data Analysis Questions
As a Risk Analyst, you'll need to analyse risk data effectively. Brush up on your analytical skills and be ready to discuss specific tools or methodologies you’ve used in the past to gather and interpret risk data.
✨Communicate Clearly with Senior Management
Since a key part of the role involves communicating risk information to senior management, practice articulating complex risk concepts in a clear and concise manner. Think of examples where you've had to present risk reports or findings to stakeholders.
✨Showcase Your Collaborative Skills
Collaboration is crucial in this role, especially when liaising between teams. Prepare to share experiences where you've worked closely with different departments, particularly in challenging risk positions or during audits.
