Risk Analyst

Discipline: Financial Services
Job type: Permanent
Contact name: Claire Dearlove

Contact email: claire.dearlove@changerecruitmentgroup.com
Job ref: 134651
Published: about 2 months ago
Expiry date: 21 Feb 2024 23:59

Risk Analyst – Edinburgh


Change Recruitment Group is delighted to be partnered with an established investment management company in Edinburgh in the search for an experienced Risk Analyst to join their team. You will be responsible for the firm’s operation risk framework. As well as holding ownership for the 1LOD risks and controls, ensuring that all key risks within business activities and operations are identified, mitigated, and monitored by an appropriate control environment.


Key responsibilities:

  • Oversee and undertake first line risk assessments, monitor the adequacy and effectiveness of the control environment, and monitor and challenge business activities to improve the firm's compliance with the Corporate Operational Risk Management Framework
  • Oversee and assist in the first line's maintenance of Risk Control and Self-Assessment and associated processes, including control testing and management of gaps and action plans
  • Oversee the First Line Trigger Event management and Key Risk Indicator (KRI) management
  • Oversee Operational Risk Event reporting and remediation processes including leading lessons learned meetings and control reviews
  • Undertake and assist with Financial Crime and Surveillance Risk assessments
  • Develop risk and stress scenarios as necessary
  • Provide constructive challenge to the business in respect of risks
  • To assist in developing and promoting a culture of risk and compliance within the first line of the firm
  • To provide advice and guidance to the First Line of the business in respect of existing and new risk requirements impacting the activities of the firm
  • Assist in the implementation of any new First Line risk initiatives
  • Liaise with the 2LOD Risk function and assist in the implementation of all new business-related risk initiatives


Key skills and experience:

  • 2+ years relevant experience in financial services in a risk related role
  • A good working knowledge of Excel, PowerPoint and Word
  • Excellent numerical skills
  • Understanding of business communications, including style and format of letters, presentations, and reports
  • Excellent organisational skill
  • Ability to establish priorities, work independently, use initiative, problem solve and proceed without supervision
  • Ability to develop and maintain good working relationships at all levels


If not already held the successful applicant will be required to obtain dedicated Risk Qualifications.


For more information on this great opportunity,  please get in touch with Claire Dearlove @ claire.dearlove@changerecruitmentgroup.com