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Operational Risk Management Analyst

Core-Asset Consulting Ltd

Newcastle upon Tyne

On-site

GBP 30,000 - 60,000

Full time

30+ days ago

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Job summary

An esteemed wealth management firm is on the lookout for an Operational Risk Management Analyst to join their Newcastle team. This role offers a unique opportunity to contribute to the operational risk management framework by analyzing and enhancing risk activities within a dynamic environment. The successful candidate will engage with various stakeholders, ensuring operational resilience and efficiency across the organization. This is an exciting chance to grow within a respected firm that values diverse perspectives and fosters professional development. If you are passionate about risk management and looking for a rewarding career, this position is perfect for you.

Benefits

Highly Competitive Salary
Wider Benefits Package

Qualifications

  • Experience in operational risk or related disciplines is essential.
  • Strong analytical and communication skills are crucial.

Responsibilities

  • Maintain operational risk procedural manuals and tools.
  • Monitor risk and control environment to ensure acceptable levels.

Skills

Operational Risk Management
Business Continuity Management
Risk and Control Self-Assessment
Analytical Skills
Communication Skills
Conflict Resolution

Tools

GRC Tool

Job description

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:
  • Experience with operational risk, business continuity management or a related discipline.
  • Knowledge of risk and control self-assessment.
  • Experience with risk monitoring and reporting dashboards.
  • 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.
  • Proven record of strong analytical skills.
  • Strong communication skills, both verbal and written.
  • Experience in use of GRC tool or other risk tools is a plus.
Core Responsibilities:
  • Maintain and update operational risk procedural manuals, job aides, and tools.
  • Review, analyse, and report on the organisation's quality, service, and controls, to improve operational efficiency and effectiveness.
  • Monitor the risk and control environment and challenge stakeholders when needed to ensure exposures are kept at acceptable levels.
  • Gather and synthesise risk data; present conclusions and offer risk mitigation, remediation and process improvement solutions to management.
  • Coordinate and support business continuity and recovery exercises performed by the business lines with a particular focus on operational resilience.
  • Identify potential business risks, operational and regulatory process deficiencies and improvement opportunities and escalate operational risk events when appropriate.
  • Work closely with and develop relationships across the organisation including those at the highest seniority levels.
  • Assist Business Units in the mitigation of operational risks and advise on potential remediations and regulatory vulnerabilities.
  • Ask probing questions and provide an effective challenge to organisational decision-makers.
Benefits:
  • A highly competitive salary
  • 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.

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