Business Risk Analyst

Business Analyst Risk (6 MONTH CONTRACT)
£60,000 - £68000 + Bonus + Benefits
Central London

THE COMPANY

They are a growing London operation of international banking group with global assets $20billion. The business comprises FX/MM, commercial and wholesale banking together with retail activities and property, commercial, HNW, institutional and sovereign lending. The bank is now looking for an experienced individual who is capable and proven to work alone with the business areas and not afraid to challenge, as a significant member of the 2nd line of defence within the bank. Candidates with more than 6 weeks ability to start a new role will not be considered.

SKILLS AND EXPERIENCE REQUIRED

• To succeed in this role, you'll need at least 8+ years of experience working as a business analyst with at least 5 years' experience working within one or more risk domains Essential
• You must be a BA who has worked in the Risk domain rather than a risk individual who has moved into a BA role. Essential
• Track record in process change and documentation in a financial services environment. Essential
• Experience in two or more risk disciplines - Liquidity Risk, Market Risk, Credit Risk, Operational Risk or related control function. Essential
• Previous business analysis experience in Risk Control in banking
• Familiar with key risk concepts and measures across asset classes
• Exposure to process-related oversight activities and techniques including: Risk & control self-assessments RCSA); Key risk indicators (KRIs); and Processes measurement.
• Good knowledge of banking products, and of best practice around associated processes
• Proven experience or demonstrated capability in adding value to transformational or improvement initiatives in complex, dynamic environments;
• Demonstrated experience of working in cross functional teams and managing stakeholders with a strong orientation towards achieving results

Desirable qualifications & traits

• Appropriate formal operational risk qualification.
• University degree (minimum UK 2:1 or equivalent).
• Project management and change delivery
• Formal business analysis qualifications and/or experience using formal process mapping methodology

Ability to:

• Maintain good working relationships with all areas of the Bank.
• Maintain and develop robust systems, controls and processes.
• Contribute positively to small, close risk function and establish good working relationships with relevant parties and colleagues.

Competencies include:

• Strong organizational skills.
• Strong business skills.
• Structured thinking and analytical skills, and ability to express ideas succinctly.
• Competence with end-user computing tools including Microsoft Excel, Word and SharePoint
• Strong interpersonal and communication skills, internal/external networker.
• Team player.

THE ROLE

Reporting to the Enterprise Risk Lead (ERL), you will support the ERL in ensuring that bank processes are aligned to the requirements of the bank's risk management framework. That includes, but is not limited to, assisting with the design and production of risk management information, and the operation of key processes that support risk management. You will work with all business and support areas to establish and embed a robust risk culture within the organization. You will assist with analysis, guidance and the creation of management tools to enable the bank to operationalize its risk policies. That includes, but is not limited to, capturing and documenting existing processes, developing and documenting Standard Operating Procedures. Additionally the role will enhance clarity and transparency around process operations and risk reporting, to allow the bank to be confident that it can remain within its risk appetite. Youw ill also assist with the deployment of strategy and policies for risk management and assist with the promotion of a culture of risk identification, awareness and reporting, and openness in reporting. Youw ill also ensure compliance with all regulatory requirements associated with risk management.in embedding the bank's risk management framework into its operations and processes; assist the ERL in reviewing and monitoring the effectiveness of risk management policies, control procedures and reporting systems and contribute, as directed, to change processes relevant for risk management. Your responsibilities include:

• To support the ERL in embedding the bank's risk management framework into its operations and processes.
• To assist the ERL in reviewing and monitoring the effectiveness of risk management policies, control procedures and reporting systems.
• To contribute, as directed, to change processes relevant for risk management.
• Work with the Bank's change delivery function to establish practices on requirements engineering, business analysis and process mapping that supports continuous improvement of risk policies, processes and procedures