Operational Risk Analyst (Banking)

Location: London or Manchester, United Kingdom. Hybrid working with attendance at the London office near London Bridge expected once a week; working hours are Monday to Friday, 9:00am–5:30pm.

Company

Fully regulated UK bank building technology-enabled banking products with a focus on responsible, transparent and customer-focused services.

What you will do

• Support business areas in identifying, assessing and managing operational risks and maintaining effective controls.
• Conduct risk assessments and control reviews, identify weaknesses and recommend practical improvements.
• Develop and maintain operational risk policies, procedures and the risk and control self-assessment process.
• Coordinate risk events and issues, track actions and analyse recurring themes, root causes and operational losses.
• Plan and perform control testing and monitoring, develop key risk indicators and escalate emerging risks.
• Prepare monthly and quarterly risk reporting and provide second-line advice and constructive challenge on projects, products and features.

Requirements

• Experience in operational risk, risk management, internal controls or a related assurance role, ideally in banking or financial services.
• Understanding of operational risk frameworks and first- and second-line responsibilities.
• Experience with risk assessments, control reviews, RCSAs, risk events, issue management and key risk indicators.
• Strong analytical, reporting, communication and organisational skills, with the ability to interpret data and explain findings clearly.
• Ability to provide independent risk oversight, constructive challenge and practical recommendations while working collaboratively.
• Awareness of the regulatory environment applicable to UK banks.

Culture & Benefits

• Hybrid working with office equipment and support for a home office setup.
• 25 days of annual leave, 8 bank holidays, an additional hirify.global bank holiday and a birthday day off.
• Three personal days and up to four hours of employer-sponsored volunteering leave each month.
• Workplace pension with a 5% employee contribution and a 3% employer contribution.
• Private healthcare for employees and immediate family, plus mental health support.
• Enhanced parental leave, development opportunities, Cycle to Work and Electric Car schemes.