<p>A meticulous, analytically minded Risk Analyst is required to support the identification, measurement, and mitigation of financial and operational risks. The role suits a candidate with strong quantitative skills, commercial awareness and a pragmatic approach to controls and governance. The successful applicant will collaborate across teams to inform decision-making and strengthen the risk culture.</p>
<h2>Risk Analyst Job Profile</h2>
<p>The Risk Analyst is responsible for analysing exposures, preparing risk reports and supporting the design of risk mitigation strategies. This role requires both technical proficiency in data analysis and a clear understanding of regulatory expectations.</p>
<p>The post holder will work closely with risk managers, finance and business units to deliver timely insight and recommendations that reduce potential losses and improve governance. Strong communication skills are essential to translate complex models into practical actions.</p>
<h2>Risk Analyst Job Description</h2>
<p>A Risk Analyst will perform quantitative and qualitative assessments across credit, market and operational risk areas. Typical duties include data cleansing, model validation support, scenario analysis, stress testing and preparing risk dashboards for senior stakeholders. The analyst will also contribute to policy documentation and risk appetite monitoring.</p>
<p>In this role, you will use statistical tools and spreadsheets to build and maintain risk metrics, flag emerging issues and propose remediation plans. You will liaise with internal audit, compliance and business teams to ensure controls are effective and that risk reporting meets both internal and regulatory standards.</p>
<p>The successful candidate must be curious, disciplined and able to prioritise tasks in a fast-paced environment. They will be expected to keep abreast of regulatory changes and industry best practices, and to take a proactive role in the continuous improvement of processes and models.</p>
<h2>Risk Analyst Duties and Responsibilities</h2>
<ul>
<li>Analyse financial and operational data to identify risk exposures and trends</li>
<li>Prepare regular risk reports, dashboards and management information for stakeholders</li>
<li>Support credit, market and liquidity risk assessments and stress testing exercises</li>
<li>Assist with model validation, back testing and performance monitoring</li>
<li>Develop and maintain risk metrics, key risk indicators and loss event databases</li>
<li>Recommend and track risk mitigations and control improvements</li>
<li>Work with compliance and legal teams to ensure regulatory requirements are met</li>
<li>Provide input to risk appetite statements and policy documents</li>
<li>Participate in risk workshops and training for business units</li>
<li>Support ad hoc projects and investigations into incidents or near misses</li>
</ul>
<h2>Risk Analyst Requirements and Qualifications</h2>
<ul>
<li>Degree in finance, mathematics, economics, statistics or a related discipline</li>
<li>Proven experience in risk analysis, credit risk or operational risk within financial services or corporate environments</li>
<li>Strong Excel skills; experience with SQL, Python, R or risk modelling tools is desirable</li>
<li>A good understanding of regulatory frameworks such as Basel, IFRS or PRA rules is an advantage</li>
<li>Excellent analytical, problem-solving and numerical abilities</li>
<li>Strong written and verbal communication skills with the ability to present findings clearly</li>
<li>Attention to detail and a methodical approach to data and documentation</li>
<li>Ability to work independently and as part of cross-functional teams</li>
<li>Professional qualifications such as CFA, FRM or related certifications are beneficial</li>
<li>Right to work in the relevant jurisdiction and a commitment to high ethical standards</li>
</ul>