Risk & Compliance Analyst - Life and Pensions
4 days ago
£40,000
The Risk & Compliance Analyst required for leading life and pensions business based in Bournemouth. The function of this role will be to assist the operation of the Risk and Compliance function providing expertise in risk and compliance management ensuringthe Risk and Compliance Framework is embedded within the business and at all times promoting awareness of risk management throughout the business.
Key Responsibilities
- Undertake a proactive role within the business to ensure clarity of risk and control measurement, clarity on reporting via Key Risk Indicators and assisting the business in implementing plans to correct any observed control weaknesses.
- Support the business in ensuring compliance with all legislative and regulatory obligations.
- Provide meaningful data analysis as required by Risk & Compliance.
- Work closely with the R&SS operations team ensure high quality and accurate risk register reporting.
- Assist with the risk reporting process and prepare documentation for governance forums (R&SS business risk committee and the client governance forum)
- Review incidents, including performing root cause and trend analysis.
- Review operating procedures and provide feedback as required.
- Assist in the conduct of targeted risk reviews over high-risk processes as required.
- Assist in the planning and execution of the control assurance process.
- Assist with the Business Continuity process, working with the business to ensure documentation is up-to-date and when required to assist in coordinating business continuity tests.
Person Spec
- Industry experience working within an Operational Risk function or a related control discipline
- Understanding of the principles of risk management
- Act as a point of contact for risk and compliance related queries
- Industry experience working within an Operational Risk function or a related discipline advantageous
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