Operational Risk Analyst

Bristol, England, United Kingdom

1/10/2025

The role:

We have an exciting opportunity for an Operational Risk Analyst to join our Central Management department here at Simmons & Simmons.

Your responsibilities will include carrying out reviews of and evaluating processes or systems to ensure the appropriate risk management oversight and infrastructure exist to measure, monitor, and control such risks.

You will have key relationships with the Operational & Supplier Risk Manager, the Chief Operating Officer and Enterprise Risk Teams, and will work across all Simmons & Simmons office locations.

What will you do:

• Assisting risk owners and managers in the completion of risk assessments and associated risk mitigation action plans.
• Undertake the maintenance of the Enterprise Risk Registers.
• Manage the Third-Party Risk Assessment system and processes.
• Provide management reporting on key risk and control indicators.
• Oversee the operational risk incident management process to guarantee that timeliness, integrity, and quality control are maintained.
• Ensure appropriate reviews of the impact of operational incidents and root cause and business impact analysis.
• Monitor, review, and communicate the impact to the Firm’s risk profile of future initiatives, including undertaking new product assessments, targeted risk reviews, and assessing major business changes.
• Stay abreast of current industry standards.
• Develop and maintain technical knowledge of systems and data to ensure optimal use of technology.
• Maintain relationships with local, functional and international points of contact to facilitate.
  
  
  

What we are looking for:

• Solid understanding of process, risk, and control design concepts and governance from an operational risk management or audit perspective.
• A working knowledge of the operations of a professional services organisation, preferably a law firm and experience of implementing risk mitigation plans.
• Diligence, well-organized, ability to prioritize multiple tasks.
• Ability to produce standard and ad hoc reports for specific audiences and research analysis experience.
• Ability to handle information and business affairs confidentially as appropriate.
• Proven ability to complete tasks and to effectively manage multiple priorities under time pressure.
• Good communication skills, both written and verbal.
• Good academic credentials.
• Experience of working in a law firm would be a plus.
• Commercially driven.
• Able to work effectively as part of a diverse, cross-functional and inclusive team.
• Flexibility and a willingness to work additional hours on occasion as required.
  
  
  

Here at Simmons & Simmons:

Simmons & Simmons is a place where dynamic minds thrive. Our culture is built on work that matters, you will work on inspirational and thought-provoking projects, using your influence to create positive impact for our clients, society and the planet. We also ensure that everyone’s voice is heard from day one, irrespective of job title, qualification, or background. You’ll be encouraged to have an enquiring mind and share ideas that can drive the firm forward. Through innovative learning and development opportunities, you will be provided with a platform to excel, enabling you to exceed your career ambitions and do things you never thought were possible.

Some key information:

• We offer a competitive package including bonuses dependant on role/level, private medical insurance and pension contribution.
• Our global skills academy provides our people, regardless of their role and location, with excellent learning opportunities (including live workshops, podcasts, short videos and practical learning experiences).
• We have adopted a hybrid working approach with a requirement for a minimum of three days in the office with flexibility dependant on role/team/client demands.
• We bring together the best legal advice from our established legal teams with non-traditional capabilities via Simmons & Simmons Solutions that enhance, expand and differentiate the Simmons offering.
• We are proud to rank as a Stonewall Top Global Employer and a Top 75 Employer for Social Mobility.
• We have a range of social and sports committees, summer and winter parties and monthly get togethers.
• We have a range of diversity networks to connect people and celebrate our differences which is integral to our inclusive culture.
• All UK offices have their own artwork collections – including Damien Hirst and Tracey Emin pieces in the London office. We have a long-standing history in supporting the art community especially up-and-coming artists.
• We have recently introduced a Strategic Advisory Council which is a mix of associates and business services who will propose strategic initiatives that align with our firm's mission and support the delivery of our Business Plan, shaping the future of our next-generation law firm.
  
  
  

Equal opportunities:

We are committed to fostering equality, diversity and inclusion within our firm and to ensuring equal employment opportunities. We believe that this commitment creates a vibrant and rewarding work environment. We are therefore committed to:

• Upholding equal opportunities, regardless of race, ethnicity, religion, belief, age, disability, sexual orientation, sex, gender reassignment, gender identity, marital status, or pregnancy, including maternity and paternity. This commitment extends to addressing any instances of perceived or associative discrimination and harassment. We also ensure fair treatment during recruitment and selection processes for those who are serving or have served in the armed forces, along with their families.
• Accommodating requests for flexible working arrangements whenever possible. We encourage you to discuss your needs with us if this is something you require.
• Making our roles accessible to individuals with diverse abilities. If you need any reasonable adjustments during the recruitment process, please let us know so we can meet your needs.
• We offer a range of employee networks to support our colleagues. More information about these networks can be found in the D&I Information booklet that candidates are sent when invited to interview.
  
  
  

We encourage you to apply even if you don't meet every single requirement. We are looking for individuals who are passionate and eager to learn and grow with us. Your unique experiences and perspectives could be a great addition to our team.

If you’re interested in finding out more about this position, please contact the Recruitment Team . To apply for the role, click on the link at the bottom of the page or visit our career page for more details.