Senior Operational Risk Analyst
DEPARTMENT/TEAM: Middle Office
LOCATION: London
SUMMARY
We are seeking a Senior Operational Risk Analyst with prior experience working in a risk, compliance, or internal audit position in a relevant industry e.g., commodities, shipping, bunkering.
Importantly they will bring subject matter expertise and strong knowledge of risk management frameworks & principles, to help upskill the knowledge of the team and develop the overall awareness and maturity of the company when it comes to effective risk management.
MAIN RESPONSIBILITIES
- Supporting the implementation of Operational Risk framework across core and emerging commercial and operational activities.
- Provide subject matter expertise and insights to management and wider organisation on operational risk issues and industry best practice.
- Deputising for the Operational Risk Manager in supporting the team and providing representation & input into various tasks and meetings.
- Helping to review & improve on existing policies and guidelines in order increase risk management awareness and drive change in culture & behaviours
- Supporting the Incident Management Regime by investigating and analysing incident reports to identify control gaps or weaknesses, and document findings and improvement suggestions via written reports;
- Helping to devise and implement and Enterprise Risk Management framework and Risk Control Self-Assessments (RCSA);
- Lead internal initiatives to develop & improve risk controls
- Contributing & maintaining the iServer business process infrastructure, procedural documentation, key processes and controls across all departments and ensure continuous improvement to avoid risks;
- Preparing risk reports and updates and presenting this information as part of regular internal risk management meetings.
- Supporting the Systems Development Lifecycle by working with IT to ensure that system changes or enhancements are aligned with the risk management & control framework and consistent with desired business process.
KNOWLEDGE, SKILLS AND EXPERIENCE
Essential:
- Commodity trading or bunkering background with proven experience of working in an operational risk role or related function;
- A flexible and adaptable attitude, with the ability to multi-task and respond quickly to changing priorities;
- An individual that is unfazed and comfortable with new, complicated, vague or ill-defined information or processes;
- Excellent verbal and written communication skills, able to present information in a concise, logical manner;
- Strong interpersonal skills and the ability to build, expand and maintain collaborative relationships with internal and external stakeholders at all levels of the business;
- Ability to mediate between different character types and points of view to achieve outcomes;
Desirable
- Knowledge of operational risk and control processes;
- Experience in risk, audit/assurance, compliance/internal control or consulting;
- Strong IT Skills and aptitude, experience with Energy Trading Risk Management Systems (ETRM);
- BPMN process mapping experience;
- Professional qualifications preferred in accounting (ACA/ACCA/CIMA) or risk & financial (FRM/ERP/CFA).