Analyst, Operational Risk

The Analyst supports the development, implementation and ongoing enhancement of the Bank's Operational Risk Management Framework. The role contributes to day-to-day operational risk management activities including data collection, analysis, reporting, and supports governance and training activities under guidance.

Responsibilities

• Contribute to the maintenance and ongoing operation of the Operational Risk Framework, including Information Security risk measures.
• Liaise with teams across the Bank to support delivery against agreed plans, monitor actions, and support the preparation of timely and accurate reporting for relevant Bank committees.
• Assist the business with the identification, analysis and documentation of processes and controls.
• Support periodic reviews of business Risk and Control Self‑Assessments (RCSAs), collate and analyse results, and support discussion on opportunities to improve risk documentation quality.
• Support the monitoring and analysis of operational risk issues and incidents, engaging with business and Subject Matter Experts to understand root causes and review incident records.
• Track the status of incidents, issues and actions, escalating data quality concerns and emerging themes.
• Contribute to the delivery of Operational Risk reporting and dashboards, performing basic analysis of trends and recurring risk drivers.
• Support the monitoring and analysis of external data sources to benchmark the Bank’s incident and issue experience.
• Support the delivery of operational risk training to Business Risk Champions and other stakeholders.
• Support the implementation of the GRC system including data mapping, quality checks, migration support, user testing and go‑live activities.
• Provide support to the enhancement of Enterprise Risk Frameworks and related guidance, including reviewing templates and updating guidance.

Requirements

• A degree in finance, business, economics, risk management or a related discipline, or equivalent on the job training or practical experience.
• Foundational knowledge of operational risk management frameworks, processes, and tools, with an interest in developing broader non financial risk expertise over time.
• Experience gained through early career roles, placements or internships in a financial services, development finance, or similarly regulated and complex organisational environment, with exposure to risk, control, audit or compliance activities.
• A developing understanding of operational risk processes (e.g. RCSAs, incidents, issues and controls) and how they support effective risk management and governance.
• Ability to analyse information from multiple sources, with good attention to detail and an appreciation of the importance of data quality, consistency and clarity.
• Good written and verbal communication skills, with the ability to contribute to professional documentation and support the preparation of clear reporting materials under guidance.
• Effective interpersonal and relationship‑building skills, with the ability to work collaboratively with colleagues across the Bank and engage constructively with first-line stakeholders.
• Ability to quickly understand unfamiliar processes, frameworks and systems, and adapt to new tools and ways of working with appropriate support.
• A collaborative team player who contributes positively to team objectives and wider Risk Management initiatives.
• Demonstrates behaviours that support and promote a positive operational risk culture across the Bank, appropriate to an early career role, and shows willingness to learn from peers and senior colleagues.

Skills

• Operational Risk Analysis
• Financial Risk Frameworks
• Risk Control Self-Assessment
• Incident Management
• Risk Governance
• Data Analysis
• Risk Reporting
• Auditing and Compliance
• Financial Services Risk
• Development Finance Risk
• Information Analysis
• Document Preparation
• Stakeholder Engagement
• Operational Risk Culture
• Process Adaptation
• Team Collaboration

Languages

English