Risk Analyst

• Location: Ipswich
• Salary: Competitive salary plus a generous benefits package
• Job Type: Full-time

We are seeking an Operational Risk Analyst to join our team in Ipswich. The successful candidate will play a crucial role in supporting the firm by reviewing and implementing processes, advising on risk and control issues, embedding the firm’s risk frameworks, and fostering a culture of risk awareness and process efficiency.

Day to Day of the Role:

• Assist the first line of defence (1LOD) with identifying, reporting, and analysing operating events to prevent recurrence and ensure actions are in place.
• Monitor the escalation, quality, and progress of all operating events, maintaining data consistency between the Operating Event Log and Risks Register.
• Support the business in identifying and resolving dealing errors to minimise market risk and reduce costs.
• Collaborate with the Operational Risk Manager on operational risk theme investigations and thematic risk reviews.
• Champion the embedding of Risk policies and frameworks and promote a culture of risk awareness within the business.
• Prepare regular Management Information (MI) reporting for senior management using PowerBI and develop new MI reports as needed.
• Maintain and update operating event and deal error data logs, as well as the firm’s Risk Register.
• Manage action and issue logs from operating events, Risk and Control Self-Assessments (RCSAs), or risk governance meetings.
• Organise and maintain the annual review schedule of departmental RCSAs in line with the firm’s Risk Register.
• Prepare visual presentation material for the risk governance structure or ad hoc thematic risk reviews.
• Oversee and allocate group inbox items to ensure timely escalation of issues.

Required Skills & Qualifications:

• Educated to GCSE or equivalent standard, with at least grade 4 or C in Maths and English.
• Prior experience in the Financial Services industry.
• An understanding of the UK Financial Services Regulatory Environment is advantageous.
• Excellent communication skills.
• Highly organised with great attention to detail.
• Inquisitive nature with a keen interest in investigating issues.

Benefits:

• Competitive salary with a generous benefits package.
• Opportunity to work in a supportive and dynamic environment.
• Exposure to a variety of risk management practices and tools.

To apply for this position, please submit your CV and cover letter detailing your relevant experience and educational background