At a Glance
- Tasks: Support the development of operational risk frameworks and engage with stakeholders across the business.
- Company: W1M, a dynamic UK wealth management firm with a collaborative culture.
- Benefits: Hands-on experience, strong learning opportunities, and a supportive team environment.
- Other info: Join us at an exciting stage of our journey and grow your career!
- Why this job: Make a real impact in operational risk within a growing financial services organisation.
- Qualifications: Experience in risk, compliance, or finance; strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
This role is well suited for someone with a foundational understanding of operational risk who is looking to deepen their experience within a regulated financial services environment. It offers the opportunity to take on meaningful responsibility from the outset, supporting the ongoing development of our operational risk framework, systems, and controls as part of a growing and evolving business. You will play a key role in shaping how risk is managed across the organisation, gaining hands-on exposure to a broad range of risk, regulatory and governance activities.
W1M was formed in 2024 through the merger of London & Capital and Waverton, two established wealth managers with over 40 years of history. Since then, the business has grown to over 400 employees and manages approximately £27+ billion in assets under management. We are a UK wealth management firm operating in a regulated environment, providing investment and wealth management services to private clients, families, charities and institutions. Our values underpin how we work together and with our clients, shaping a culture focused on high standards, collaboration, integrity and adaptability. We have a collaborative working environment where people are given the opportunity to contribute meaningfully to the development of the business.
Key Accountabilities:
- Support the Operational Risk Manager in the development, implementation and maintenance of the operational risk management framework
- Assist with the Internal Capital Adequacy and Risk Assessment (ICARA) process, including collection, validation and analysis of risk data inputs
- Support with risk identification, assessment and documentation across business areas
- Preparation of analysis for risk scenarios, harms and operational resilience assessments
- Maintain and update risk registers, ensuring risks, controls, actions and ownership are accurately recorded
- Support monitoring and reporting of Key Risk Indicators (KRIs) and emerging risks
- Assist in the analysis of incidents, errors, breaches and near misses, including root cause analysis and tracking of remediation actions
- Support oversight of third-party and outsourcing risk, including due diligence and ongoing monitoring
- Engage with stakeholders across the business to promote risk awareness and a strong risk culture
- Provide analytical support on regulatory, risk and governance matters as required
- Support tracking and closure of internal audit actions
Background/Experience and Competencies Required:
- Previous experience in risk, compliance, audit, finance or a control function
- Exposure to a UK regulated environment, ideally financial services
- Understanding of operational risk concepts, including risk identification, controls, incidents and governance
- Strong analytical skills with the ability to interpret data and identify themes
- High attention to detail with a structured and methodical approach
- Strong communication skills with the ability to engage stakeholders at different levels
- Awareness of FCA regulatory frameworks, ICARA and IFPR is desirable
About You
We are looking for someone who is curious, detail-oriented, and keen to build a career in operational risk within a regulated financial services environment. You are likely to be:
- Analytical and structured in your thinking
- Comfortable working with data and documentation
- Proactive and willing to take ownership of tasks
- Interested in developing your understanding of risk and regulation
- Collaborative and confident working with different teams across the business
Why Join W1M?
This is an opportunity to join a growing organisation at an exciting stage of its journey. The role offers:
- Hands-on exposure to operational risk in a regulated environment
- The opportunity to contribute to the development of core risk frameworks
- A collaborative and supportive team culture
- Strong learning and development opportunities
Equal Opportunity Statement
W1M is an equal opportunities employer and welcomes applications from all suitably qualified candidates in accordance with the Equality Act 2010.
Operational Risk Analyst in Slough employer: W1M Wealth & Investment Management
W1M is an exceptional employer that fosters a collaborative and supportive team culture, making it an ideal place for those looking to grow their careers in operational risk within the financial services sector. With a strong emphasis on high standards, integrity, and adaptability, employees are empowered to take on meaningful responsibilities and contribute to the development of core risk frameworks. The company also prioritises learning and development opportunities, ensuring that staff can enhance their skills while working in a dynamic and evolving environment.
Contact Details:
W1M Wealth & Investment Management Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Analyst in Slough
✨Get Involved in Compliance Communities
Join local compliance or risk management networks and communities, like the International Compliance Association, where you can connect with professionals already in the field. These networks often have events and webinars that can help you learn and meet potential employers. Don’t be shy, ask questions and show your eagerness to learn!
✨Attend Industry Conferences
Look out for compliance and risk management conferences in your area or even virtual ones. These are great opportunities to meet industry leaders and learn about the latest trends. Plus, you never know when you’ll bump into someone from W1M Wealth & Investment Management who might be looking for fresh talent like you!
✨Leverage Internship Opportunities
As you’re aiming for an entry-level position, keep an eye on internship openings. Even a short internship can give you valuable exposure and connections in compliance-risk, so apply widely! We recommend checking out our website for any opportunities at W1M Wealth & Investment Management that might inspire you.
✨Showcase Your Knowledge
Create a blog or use social media to share your insights about compliance and risk topics. This not only enhances your visibility but also shows potential employers, like W1M Wealth & Investment Management, that you’re passionate and knowledgeable about the field. It could be the thing that sets you apart from other candidates!
We think you need these skills to ace Operational Risk Analyst in Slough
Some tips for your application 🫡
Show Off Your Attention to Detail:In the compliance-risk field, it's all about catching the little things. Make sure your application materials are free from typos or inconsistencies. Your CV should reflect your ability to spot errors and present information clearly—this is a crucial skill in compliance!
Highlight Relevant Coursework or Certifications:If you’ve taken any courses related to risk assessment or compliance, be sure to mention them. Even entry-level roles appreciate a solid foundation in the principles that guide the industry. Certificates, internships, or projects related to compliance will really make you stand out!
Keep It Professional, Yet Accessible:While we’re all for being a bit informal at times, remember that compliance-risk is a serious field. Your cover letter should reflect your enthusiasm and willingness to learn while maintaining a professional tone. Don’t just say you’re keen on the job—show it with clear reasons why you want to join W1M Wealth & Investment Management.
Tailor Your Application to Fit the Role:When applying for an entry-level position, specifically align your skills and experiences with the job description for Operational Risk Analyst at W1M Wealth & Investment Management. Talk about why you’re interested in compliance-risk and how your background, even if it’s academic, makes you a good fit!
How to prepare for a job interview at W1M Wealth & Investment Management
✨Know Your Compliance Basics
Brush up on the fundamental concepts of compliance and risk management. You might be asked to explain key regulations or compliance frameworks relevant to the role at W1M Wealth & Investment Management. Having a clear understanding will show your enthusiasm and preparedness for the entry-level position.
✨Get Familiar with Specific Tools
Be prepared to discuss any compliance software or tools you’ve encountered, even through coursework. Entry-level roles often use systems like SAP GRC or similar. If you can show familiarity or even a basic understanding of these tools, it’ll give you an edge in the interview.
✨Show Your Analytical Skills
Expect some scenario-based questions where you’ll have to analyse risk situations. Practice breaking down problems and articulating your thought process clearly. This is a key part of working in compliance and will demonstrate that you’re ready to tackle real-world issues at W1M Wealth & Investment Management.
✨Highlight Your Willingness to Learn
As this is an entry-level position, your eagerness to develop and grow is crucial. Discuss any relevant courses or projects you’ve done that show your commitment to improving your skills in compliance and risk management. Show them you’re keen to soak up knowledge and contribute at W1M Wealth & Investment Management!
