At a Glance
- Tasks: Support the Enterprise Risk Management Team in building and maintaining the Risk Management Framework.
- Company: Join a dynamic company focused on risk management and compliance.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to work closely with senior management.
- Why this job: Make a real impact by embedding a robust risk management culture.
- Qualifications: Strong analytical skills and a passion for problem-solving.
The predicted salary is between 35000 - 45000 £ per year.
Location: Hybrid to Manchester/Peterborough/Sunderland
Role Overview
We are seeking a Risk Analyst/Officer who will support the Enterprise Risk Management Team with the build, delivery and maintenance of the Risk Management Framework. You will be involved in all the key components and methodologies of the Risk Management Framework, working with the business and other risk officers to embed a robust risk management culture. You would also be supporting the ERM in the upkeep and development of the Risk Management System and supporting the Risk Champions across the group in the identification, management and reporting of risks and controls.
Key Responsibilities
- Responsible for maintaining and effectively operating the Enterprise Risk Management (ERM) Framework.
- Support the preparation and production of timely, accurate and insightful risk reporting, including KRI's and risks/controls for submission to various Risk Committees.
- Maintenance and development of the Risk Management System in line with ERM Framework, including training and support to business and wider Risk & Compliance Team.
- Working with the Risk Partners and Risk Champions to ensure a consistent review process of risk registers, including oversight of outputs and enhancements.
- Review risk and control self-assessment outputs, providing analysis and reporting, as required.
- Provide support with development of key components of the ERM Framework and accurate documentation of processes.
Key Skills and Experience
Essential:
- Good analytical and problem-solving skills.
- Good organisational and planning skills.
- Excellent communication and influencing skills.
- Innovative approach to continuous improvement.
- Attention to detail.
Desirable:
- Knowledge of risk management frameworks and techniques.
- Insurance industry understanding.
- Appropriate qualification (IRM) or willingness to work towards.
- FCA regulatory requirements.
- Experience of working closely with senior management.
Risk Analyst in Manchester employer: Vermelo
Contact Detail:
Vermelo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to current employees in the risk management field on LinkedIn. Ask them about their experiences and any tips they might have for landing a role like the Risk Analyst position.
✨Tip Number 2
Prepare for interviews by brushing up on your analytical skills. Be ready to discuss how you've tackled problems in the past and how you can bring that innovative approach to our Risk Management Framework.
✨Tip Number 3
Show off your communication skills! During interviews, make sure to articulate your thoughts clearly and confidently. Remember, influencing others is key in risk management, so let your personality shine through.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team and contributing to our risk management culture.
We think you need these skills to ace Risk Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Analyst role. Highlight your analytical skills and any relevant experience with risk management frameworks. We want to see how you can contribute to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your skills align with our needs. Keep it concise but impactful – we love a good story!
Showcase Your Skills: In your application, don’t forget to showcase your organisational and communication skills. Mention specific examples where you've successfully influenced outcomes or improved processes. We appreciate attention to detail!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Vermelo
✨Know Your Risk Management Frameworks
Make sure you brush up on various risk management frameworks and techniques before the interview. Being able to discuss these frameworks confidently will show that you understand the core of the role and can contribute effectively.
✨Prepare for Analytical Questions
Expect questions that test your analytical and problem-solving skills. Prepare examples from your past experiences where you've successfully identified risks or implemented controls. This will demonstrate your capability in a practical context.
✨Showcase Your Communication Skills
Since excellent communication is key for this role, practice articulating your thoughts clearly. You might be asked to explain complex risk concepts, so being able to simplify them will impress your interviewers.
✨Demonstrate Continuous Improvement Mindset
Be ready to discuss how you've contributed to continuous improvement in previous roles. Share specific instances where your innovative approach led to better risk management practices or enhanced reporting processes.