Operational Risk Analyst
5 months ago
Operational Risk Analyst
Hybrid
Milton Keynes
Founded in 2007 our client is one of the fastest growing banks of their kind in the UK. They offer personal and corporate savings products and finance for UK residential and commercial property, in addition to sourcing and advising on UK real estate investments.
Due to promotion within the business, they are now looking to acquire the services of an Operational Risk Analyst to their Risk & Compliance team. The Operational Risk Analyst will effectively manage the Bank’s approach to Operational Risk by supporting the enhancement of the Bank’s control framework by carrying out assurance of control testing across all functions. They will test adherence to policies and risk appetite including escalation via appropriate channels and will assess the risks associated with first line of defence (1LOD) business line activities, assisting in compiling, and maintaining a complete control framework for risk management activities. Support the business lines and functions to identify risks from the First Line.
Key responsibilities
- Undertake quality reviews, taking a risk-based approach. This could include thematic reviews, regular testing of key controls, independent validation of Quality Controls and Assurance activities performed by the businesses or other methodologies as needs dictate.
- Monitor output from all 1LOD areas to identify potential operational risks and, where possible, ensure appropriate mitigating actions are in place, including recommendations for remediation, improvement of controls, staff training or coaching. Proactively identify process improvement/best practice and share as appropriate.
- Provide support with remediation of control failures and compliance breaches.
- Support the Operational Risk Manager to develop Key Risk Indicators (KRIs) and risk appetite metrics with divisions in accordance with the Bank’s Risk Appetite.
- Support business areas with Risk & Control Self Assessments to ensure all processes are captured and create Standard Operating Procedures (SOP) to support the RCSA output.
- Assist with production of high-quality reports/presentation packs for sharing with key stakeholders; Maintain a full audit trail with clear records to support review conclusions, stored in accordance with the bank’s records management conventions.
- Ensure all Risk Incidents are documented, and root cause is established. Oversight of remedial actions to ensure risks are mitigated. Full audit trail is established, and trend analysis is undertaken.
Key Skills required
- Experience of 'incident management'.
- Knowledge of UK banking (Customer Service, Credit, Financial Crime, Operations) and risk management & controls principles appropriate to the three lines of defence model.
- Knowledge and understanding of risk control arrangements.
- Knowledge of regulatory environment and key regulatory regimes.
- Understanding of and compliance with group policies including Conduct Risk.
- Excellent attention to detail and strong team skills.
- Ability to think creatively when resolving problems and/or identify alternatives where established procedures may not exist, ensuring an improved customer experience.
In return they will offer you:
We offer highly attractive reward package; the typical benefits include:
25 days holiday entitlement increasing with service
Pension Plan
Private Medical Insurance
Dental Cover
Income Protection
Life Assurance
Employee Referral Bonus
-
Operational Risk Manager
1 week ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Allica Bank Full timeAbout Allica BankAllica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in fintech.Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely...
-
Tax Analyst
4 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Mixxos Full timeWe are recruiting for a Tax Analyst to join the team of our client who are based in Milton Keynes. This exciting position would allow for the expansion of your skills, and growth in your career. Our client are a well-known brand and manufacturer, who have been ranked number 1 in the UK Customer Satisfaction Index 6 times since 2019! They are a great brand...
-
Business Analyst
4 days ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Runtime Group Ltd Full timeBusiness Analyst (BA) - Contract - SC Cleared3 month rolling contract HybridWe are seeking a skilled Business Analyst to support the Discovery and Delivery phases of our 3-year Digital, Technology, and Cyber Security Strategy. This strategy will drive growth, foster innovation, and mitigate risks for the organisation.Projects Overview:Enterprise Architecture...
-
Senior Data Analyst
2 months ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Tech Mahindra Full timeJob Title: Data Analyst (Banking Domain) Job Type: Full-TimeJob Description:We are looking for a Data Analyst with over 8+ years of experience and have good understanding in Cloud based Data Lakes, data warehouses and Business Intelligence reporting. In this role, you will play a pivotal role in shaping our digital transformation initiatives. You will...
-
Lead Business Analyst
4 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom DiverseJobsMatter Full timeJob DescriptionAbout The RoleWe have an opportunity to join our team as a Lead Business Analyst (we call it a Business Analyst L3 internally) on a full time, permanent basis.As a Lead Business Analyst you will be supporting our business colleagues helping them to transform operational objectives into business solutions by gathering, analysing and translating...
-
Senior Derivative and Fixed Income Analyst
1 month ago
Aylesbury, UK, Buckinghamshire, United Kingdom Kinetech Full timeSenior Fixed Income and Derivatives AnalystIn office 5 days - Aylesbury (potential for 1-2 days / week from home on an informal basis)£70K + 25% Bonus Potential + 10% Pension30 days annual leave35 hour working week!Well established and successful life and pensions business has a rare opportunity for a Senior Fixed Income and Derivatives Analyst to join...
-
Systems Support Analyst
4 weeks ago
Aylesbury, UK, Buckinghamshire, United Kingdom Signet Recruitment and Retention Full timeAbout the Role:Signet are looking for a proactive and dynamic System Support Analyst to join our client's team and provide first-line support for users in line with ITIL processes. You will act as the first point of contact for IT-related issues, working with both internal teams and 3rd-party suppliers to resolve incidents, manage service requests, and...
-
Data Engineer
4 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Pluxee Full timePluxee is a global player in employee benefits and engagement that operates in 31 countries. Pluxee helps companies attract, engage, and retain talent thanks to a broad range of solutions across Meal & Food, Wellbeing, Lifestyle, Reward & Recognition, and Public Benefits.Powered by leading technology and more than 5,000 engaged team members, Pluxee acts as a...
-
Product Surveillance Reporting Analyst
4 weeks ago
Marlow, UK, Buckinghamshire, United Kingdom SRG Full timeProduct Surveillance Reporting Analyst6 months£17.96 p/hMarlow – hybrid (3 days on site)SRG are partnered with a pharmaceutical organisation who are seeking a Product Surveillance Reporting Analyst to join their team in Marlow.Purpose of the roleThe Reporting Specialist is responsible for executing all of the reporting, in partnership with internal and...
-
Environment, Health and Safety Manager
1 week ago
Milton Keynes, UK, Buckinghamshire, United Kingdom White & Clayton Recruitment Full timeWe are seeking a driven HSE Manager to join our dynamic team. You will play an integral role in ensuring the site is maintained fully compliant, and a safe place to work all while influencing our people to continue a strong health and safety culture. What to expect as a HSE Manager:We are looking for a passionate HSE Manager with drive for keeping people...
-
Project Manager
4 days ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Elevation Recruitment Group Full timeElevation Recruitment Group are pleased to be working with a leading Project Management Consultancy, to help them recruit a Project Manager to work closely with an Automotive Manufacturing business based near Milton Keynes.They are currently expanding their operations and are seeking a Project Management Consultant to lead and support strategic projects...
-
Project Manager
1 month ago
Milton Keynes, UK, Buckinghamshire, United Kingdom thisisnoa Full timeYour will be responsible for the project delivery of our client's products and services to end users. The role requires delivery to agreed specification, time, and budget, whilst operating within the appropriate governance and reporting to all stakeholders.Key Responsibilities:Delivery of products/applications and services to ensure customer...
-
Environment, Health and Safety Manager
3 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom White & Clayton Recruitment Full timeSeeking a driven HSE Manager to join our dynamic team. You will play an integral role in ensuring the site is maintained fully compliant, and a safe place to work all while influencing our people to continue a strong health and safety culture. We manufacture some of the UK's best-known energy drinks brands at our MK facility and we promote a safe place...
-
Head of Finance
4 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Gilbert Meher Full timeHead of FinanceLocation: Milton KeynesSalary: £85,000, based on experienceJob Type: Full-time, PermanentAbout Our ClientWe are working with leading private healthcare provider, committed to delivering exceptional care and services to our patients. As part of our continued growth and success, we are seeking an experienced and strategic Head of Finance to...
-
Senior Technical Architect
2 months ago
Milton Keynes, UK, Buckinghamshire, United Kingdom identifi Global Resources Full timeSenior Technical Architect x36-month contract Outside IR35 Milton Keynes - 3 days onsite work, 2 days remote Active SC Clearance requiredMy client in Central Government is actively looking for 3x Senior Technical Architects to assist in the development of high-level and low-level designs for customers that meet business, technical and security...
-
Sales Manager
4 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom JS Selection Full timeSales Manager - Water Treatment – Milton Keynes• Up £60k base salary (negotiable)• Superb commission structure. OTE £90k-£100k• Company car allowance and fuel card• Big pension contributions• New tech (laptop and mobile) and 25 days holidayAre you a proven manager in the water treatment sector? Join a market-leading business and #1 company...
-
CRM Manager
3 months ago
Milton Keynes, UK, Buckinghamshire, United Kingdom Next Chapter Recruitment Full timeThe Role:Opportunity for a Microsoft Dynamics CRM Manager to join this world-leading name in the security & risk management sector in this newly created role. This is a relatively new team and whoever takes on this role will take full ownership to manage and grow this key business tool, building on the existing Microsoft Dynamics 365 environment and...
-
New Business Sales
1 month ago
Milton Keynes, UK, Buckinghamshire, United Kingdom CyberOne Full timeJob title: New Business Sales – Microsoft Security About Us: Founded in 2005, CyberOne is a leading cybersecurity company operating globally from offices located in Milton Keynes, London and the Philippines. With 18 years of experience utilising cutting-edge technology, our team delivers secure business outcomes for some of the world's most admired...
-
Logistics Finance Analyst
5 months ago
High Wycombe, UK, Buckinghamshire, United Kingdom Hovis Ltd Full timeWelcome to Hovis. We are the proud guardians of over 130 years of baking experience that make up our iconic and much-loved brand. We produce bread and bakery products created with Hovis goodness at the heart of each. We deliver around 1.3million loaves, every day of the week throughout the UK and Ireland, where we also make Mothers Pride and Ormo products....
-
Sales - new business - Microsoft Security
3 weeks ago
Milton Keynes, UK, Buckinghamshire, United Kingdom CyberOne Full timeJob title: New Business Sales – Microsoft Security About Us: Founded in 2005, CyberOne is a leading cybersecurity company in Managed, Detection and Response. With 18 years of experience utilising cutting-edge technology, our team delivers secure business outcomes for some of the world's most admired brands. We harness the Microsoft Security portfolio,...