Operational Risk Management Analyst

Core-Asset Consulting; Newcastle upon Tyne; On-site; GBP 35,000 - 65,000; Full time

Job description

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Operational Risk Management Analyst, Newcastle upon Tyne

Location:

Newcastle upon Tyne, United Kingdom

Job Category:

Banking

EU work permit required:

Yes

Job Reference:

15989_1739792817

Job Views:

39

Posted:

17.02.2025

Expiry Date:

03.04.2025

Job Description:

Our client, an esteemed wealth management firm, is seeking an Operational Risk Management Analyst to join their Newcastle team on a permanent basis.

The successful candidate will play a key role in supporting the operational risk management framework by reviewing, analysing, and contributing to operational risk activities across the business. This is a great opportunity to take on a varied role in a growing firm.

Essential Skills/Experience:

1. Experience with operational risk, business continuity management or a related discipline.
2. Knowledge of risk and control self-assessment.
3. Experience with risk monitoring and reporting dashboards.
4. Demonstrated experience in conflict resolution and in a role where differing points of view are common, including between yourself and more senior members of the organization.
5. Proven record of strong analytical skills.
6. Strong communication skills, both verbal and written.
7. Experience in use of GRC tool or other risk tools is a plus.

Core Responsibilities:

1. Maintain and update operational risk procedural manuals, job aides, and tools.
2. Review, analyse, and report on the organisation’s quality, service, and controls, to improve operational efficiency and effectiveness.
3. Monitor the risk and control environment and challenge stakeholders when needed to ensure exposures are kept at acceptable levels.
4. Gather and synthesise risk data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management.
5. Coordinate and support business continuity and recovery exercises performed by the business lines with a particular focus on operational resilience.
6. Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities and escalate operational risk events when appropriate.
7. Work closely with and develop relationships across the organisation including those at the highest seniority levels.
8. Assist Business Units in the mitigation of operational risks and advise on potential remediations and regulatory vulnerabilities.
9. Ask probing questions and provide an effective challenge to organisational decision-makers.

Benefits:

1. A highly competitive salary
2. Wider Benefits package

Core-Asset Consulting is an equal opportunities recruiter and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.

Job reference: 15989

To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.