At a Glance
- Tasks: Analyse risks and improve frameworks while collaborating with a diverse team.
- Company: Join USS, a leading pension scheme with a vibrant and inclusive culture.
- Benefits: Generous leave, pension scheme, health services, and personal development support.
- Other info: Flexible hybrid working model and opportunities for community engagement.
- Why this job: Make a real impact on financial futures while developing your career in a supportive environment.
- Qualifications: Experience in risk management and strong analytical skills are essential.
The predicted salary is between 50000 - 60000 £ per year.
When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size you'll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts. Our office is a vibrant place to work, and we offer flexibility of office/homeworking due to our hybrid model.
About the role
In your role as Senior Operational Risk Analyst, you will make a meaningful and valued contribution from the outset. This role will provide a great opportunity to sit within the second line Enterprise and Operational Risk Management (EORM) team, which is responsible for overseeing risk management and control activities across USS. The role reports into the Operational Risk Manager, who is responsible for risk oversight and assurance across Group Functions, including HR, Finance, Group General Council (GGC), Group Risk and the corporate insurance programme. The primary focus of the role is to support the embedding and continuous improvement of the Operational Risk Framework. You will provide analysis, insight, and challenge to help ensure effective risk management, strong controls, and high-quality governance across the business. This is a 12-month fixed term contract to provide maternity cover.
What you will be doing
- Delivering Results: High-quality, insight-led risk reporting to support committees and senior stakeholders.
- Analysing risk events to identify trends, root causes and emerging risks.
- Tracking actions and provide challenge to ensure timely and effective resolution.
- Using the risk system (Protecht) to maintain accurate data and support reporting and analysis.
- Supporting thematic reviews and deep dives into key risk areas.
Framework and Control
- Supporting the embedding and ongoing development of the Operational Risk Framework.
- Contributing to the assessment and improvement of controls, including design and effectiveness.
- Promoting alignment between risk events, controls and risk profiles across the business.
- Supporting the management of the corporate insurance framework.
Stakeholder Management
- Building strong working relationships with colleagues across EORM, Information Security, Compliance, HR and Finance.
- Supporting and challenging business Risk owners and Risk Champions with the identification, assessment and documentation of their risks and controls.
- Providing constructive challenge on risk assessments, controls and actions.
- Supporting a proactive and forward-looking approach to risk management.
Process Improvement and Innovation
- Identifying opportunities to simplify and improve risk processes.
- Supporting the use of automation and AI tools (e.g. Copilot) to enhance efficiency and insight.
- Contributing to ongoing enhancements to risk systems and reporting approaches.
About you
We know that sometimes people can be put off applying for a job if they don't tick every box, if you're excited about working for us and have most of the skills or experience we're looking for, then please apply, regardless of whether you meet all the requirements outlined in this profile.
To be successful in the role you will have:
- Experience in operational risk, risk management, audit or a business control function within financial services.
- Strong understanding of risk and control frameworks, including control assurance.
- Experience in risk event or incident management and analysis.
- Ability to analyse data and provide clear, practical insight to stakeholders.
- Good communication and stakeholder management skills.
- Strong working knowledge of Microsoft Office tools.
- Experience using generative AI tools (e.g. Copilot) is desirable.
At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others. We're also committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team. Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture and excellent range of benefits!
How we will reward you
- Generous annual leave package.
- Access to a high quality pension scheme provided through Universities Superannuation Scheme.
- Supportive people policies (including enhanced occupational sickness pay and family friendly pay).
- Financial contributions towards your personal development to help you maintain your physical and mental wellbeing.
- Access to a range of health and wellbeing services i.e., private healthcare, discounted gym membership.
- Learning and development opportunities to develop your skills, knowledge and talent.
- Employee Volunteer Day’s to support the communities where you work and live.
- Cycle to Work Scheme.
Our culture and values
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them ‘front and centre’ of what we do. This is embedded through our values: Integrity.
About us
Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and other higher education institutions in the UK. We work with around 330 employers to help build a secure financial future for almost 577,000 members and their families. We are one of the largest private defined benefit pension schemes in the UK, with total assets of around £76.8bn (at 31 March 2025).
USSL is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent. We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey please let us know by contacting resourcing@uss.co.uk.
Senior Operational Risk Analyst in Liverpool employer: Universities Superannuation Scheme Ltd
At USS, we pride ourselves on being an exceptional employer, offering a vibrant work environment that fosters professional growth and collaboration. With a strong commitment to employee well-being, we provide generous benefits, flexible working arrangements, and opportunities for personal development, ensuring that every team member can thrive both in and out of the workplace. Join us in making a meaningful impact while enjoying a supportive culture that values diversity and inclusion.
Contact Details:
Universities Superannuation Scheme Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Operational Risk Analyst in Liverpool
✨Join Compliance Communities
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We think you need these skills to ace Senior Operational Risk Analyst in Liverpool
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 Universities Superannuation Scheme Ltd. 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 Universities Superannuation Scheme Ltd
✨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 Universities Superannuation Scheme Ltd’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
