Job Description
Are you a Risk professional looking to further your career in the Wealth Management sector?
We are seeking a motivated Risk Analyst to join a growing Wealth Management firm where you will support the day-to-day operation of the Enterprise Risk Management (ERM) framework. The role plays a key part in ensuring operational and strategic risks are effectively identified, assessed, monitored and reported.
Working across the business, you will help reinforce the three lines of defence model, support regulatory compliance, and contribute to a strong risk management culture. This is an excellent opportunity for a risk professional looking to develop their experience within a collaborative and evolving risk function.
Key Responsibilities
Risk Identification & Assessment
* Work with first-line teams to identify and assess risks across the organisation.
* Conduct risk assessments to identify vulnerabilities and control gaps.
* Maintain and update risk registers and associated documentation.
* Support the implementation and ongoing management of risk management systems and reporting tools.
Risk Monitoring & Reporting
* Develop and maintain risk dashboards and key risk indicators (KRIs).
* Prepare risk reporting and management information for senior leadership and governance committees.
* Monitor risk exposure against defined risk appetite limits.
* Manage incident reporting, policy breaches and remediation actions.
* Support internal and external audit activity.
Policy & Framework Development
* Contribute to the development and enhancement of the organisation’s risk management framework.
* Support the implementation and continuous improvement of enterprise risk management processes.
* Assist in delivering training and awareness initiatives to promote a strong risk culture across the organisation.
Key Performance Indicators
* Timely and accurate maintenance of risk registers, incidents and control assessments.
* Delivery of high-quality risk reporting and management information.
* Effective identification, escalation and documentation of emerging risks.
* Robust analysis of operational and conduct risk data to support prioritisation of remediation actions.
* Strong collaboration with stakeholders across the business to support risk identification and mitigation.
* Continuous improvement of risk processes, reporting and analytical capabilities.
Skills & Experience
Essential
* 2–5 years’ experience in risk management within financial services.
* Experience supporting risk identification, assessment and monitoring processes.
* Strong data analysis and management information capability, including tools such as Power BI and advanced Excel.
* Experience producing risk reporting for governance forums or senior management committees.
* Understanding of UK financial services regulatory frameworks and conduct risk considerations.
* Strong analytical skills with the ability to identify root causes and control weaknesses.
* Excellent stakeholder engagement and communication skills.
Desirable
* Experience using GRC or risk management systems (e.g. RiskSmart or similar platforms).
* Familiarity with ICARA under MIFIDPRU, including operational, conduct and prudential risk considerations.
Qualifications
* Degree or professional qualification in law, finance, risk management or a related discipline, or equivalent experience.
* Professional risk certifications (e.g. CISI, IRM, ACAMS) are desirable.
Personal Attributes
* High level of integrity, professionalism and sound judgement.
* Strong attention to detail and analytical mindset.
* Ability to communicate complex information clearly and effectively.
* Collaborative approach with a commitment to promoting a positive risk culture.
* Commitment to ethical conduct and regulatory standards.