Risk Analyst (Senior Associate)

Location: Harrow
Salary: £27,500 per annum
Contract Type: Permanent, Full-Time

About the Role

We are seeking a dedicated Risk Analyst (Senior Associate) to support the organisation's Credit, Operational and Enterprise Risk Governance. This role plays a key part in strengthening risk oversight and providing meaningful insight to stakeholders across both Retail and Wholesale business areas.

You will work closely with senior risk leaders, contribute to committee governance, support regulatory compliance, and help embed strong risk culture across the organisation.

Key Responsibilities

Credit Risk Management

* Act as convenor for Credit and Investment Committees, working with senior risk leaders on agendas and planning.
* Prepare and distribute meeting minutes and documentation in line with UK governance standards.
* Monitor and track action plans arising from committee meetings and escalate where required.
* Support risk managers in producing MI for Risk Management Committees.

Operational Risk Management

* Assist in establishing risk appetite thresholds and statements in line with PRA/FCA expectations.
* Support drafting of risk policies and procedures.
* Manage record-keeping and policy diary for UK operations.
* Collate and prepare operational risk reporting for internal committees and regulatory groups.
* Conduct Risk and Control Self-Assessments, applying scoring matrices and supporting KRI enhancement.
* Work with business units to strengthen operational risk understanding and assessments.
* Support the preparation of:

Management Information (MI)

Reporting to Head Office

Near Miss/Internal Loss data

Quarterly KRI reports

Monthly Operational Risk Monitor and Loss/Near Miss reports

Monthly committee MI

Committee minutes

Risk Governance

* Assist with embedding and maintaining risk policies and procedures across the organisation.
* Create and update process manuals and job cards for the Risk team.
* Support enhancement of corporate governance and oversight.
* Monitor major and critical risk issues through the Risk Incident Reporting process.

Skills & Experience Required

* Demonstrable experience in a similar role within Financial Services.
* Experience with committee governance, including minute-taking and documentation.
* Knowledge of risk management practices and frameworks such as 3LOD and Basel Operational Risk.
* Understanding of current UK legislation related to risk management.
* Technically competent and knowledgeable in risk management methodologies.

Personal Attributes

✓ Entrepreneurial mindset with strong initiative.
✓ Tactical, strategic, and proactive approach to problem-solving.
✓ Excellent interpersonal skills with the ability to work across diverse teams.
✓ Critical thinker with strong analytical capability.
✓ Confident, self-aware, and able to operate independently