Operational Risk Analyst

At United Trust Bank, we believe that people achieve more together than alone. That’s why we’re dedicated to building great relationships, offering tailored solutions, and providing our clients and broker partners with the support they need to go further. This was true when we first opened our doors, and it’s still our approach today.

Our Operations Team is looking to hire an Operational Risk Analyst who will support the 1st line of defence by enhancing the banks approach to identifying, managing and reporting operational risks. The role provides vital oversight of operational risk events, develops and maintains operational risk reporting into governance committees and assists in the embedding of effective key control environments. The role holder will also contribute to development of assurance processes across Operational Risk, Operational Resilience and Outsourcing & Third-Party Management within the first line.

This is a hybrid role working 3 days per week in the office (City of London location) and 2 days working from home.

Responsibilities:

Operational Risk Reporting

• Produce high quality operational risk reports and dashboards for key governance committees
• Identify trends, emerging risks and areas requiring management attention across the business
• Assist in the design and implementation of key control and risk indicators

Incident management

• Log, track and monitor operational incidents to ensure timely resolution and appropriate root cause analysis
• Support the business in identifying and implementing appropriate corrective and preventative actions through a lesson learnt process

Operational Resilience

• Assist the Operational Resilience Manager with the execution of operational resilience testing
• Support with the analysis of test results and tracking/reporting of remedial actions

Third Party & Outsourcing

• Assist the Third-Party Supplier Manager reporting on third party risks and dependencies for key services, including incidents and control performance

Risk and Control Framework

• Support the business units in evidencing control effectiveness and identifying gaps
• Support business units in completing risk and key control assessments

Risk Management System

• Utilise the banks Risk Management System to drive consistent reporting and MI

Skills and Experience sought:

• Experience in an Operational Risk or control role
• Demonstrated experience in preparing risk reports or dashboards for senior stakeholders or governance committees
• Familiarity with risk and key control assessment processes
• Comfortable working with risk systems, data sets and different tools

Equal Opportunities

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process, you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes. This will be for a period of 6 months or longer with your permission. This helps us understand our applicants so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.