Operational Risk Analyst

Operational Risk Analyst

Overview:

This position will work directly with our Operational Risk Manager forming a 2 person team to ensure all current risk process are monitored and maintained while also assisting with the ongoing development of the function.

As a growing business we offer direct access to all elements of Operational Risk in a real world setting with the chance to take responsibility and make an impact.

About the Company:

W1M was formed in 2024 through the merger of London & Capital and Waverton, two established wealth managers with over 40 years of history. Since then, the business has grown to over 400 employees and manages approximately £29+ billion in assets under management.

We are a UK wealth management firm operating in a regulated environment, providing investment and wealth management services to private clients, families, charities and institutions.

Our values underpin how we work together and with our clients, shaping a culture focused on high standards, collaboration, integrity and adaptability.

We have a collaborative working environment where people are given the opportunity to contribute meaningfully to the development of the business.

Key Accountabilities:

• Support the Operational Risk Manager in the ongoing development, implementation and maintenance of our operational risk management framework.
• Assist in the Internal Capital Adequacy Risk Assessment (ICARA) process, including:
• Collection, validation and analysis of risk data inputs
• Support with risk identification, assessment and documentation across business areas
• Preparation of supporting analysis for harms, operational resilience and risk scenario assessments
• Contribute to maintenance of risk registers, including risk descriptions, controls, actions and ownership
• Support the monitoring and reporting of Key Risk Indicators and emerging risks
• Assist with the analysis of incidents, errors, breaches and near misses, including root cause analysis and tracking of remedial actions
• Assist with oversight of third-party / outsourcing risks, including due diligence reviews and ongoing monitoring
• Engage with stakeholders across the business to support risk awareness and promote a strong risk culture
• Provide ad-hoc analytical support on regulatory, risk and governance matters as required
• Support business in the remediation of internal audit recommendations

Background/Experience and Competencies Required:

• Prior Operational Risk experience within a Financial Services company
• Foundational understanding of risk concepts including identification and controls, incidents and governance
• Strong analytical skills with ability to interpret data, identify themes and draw clear conclusions
• High attention to detail with structured, methodical approach to work
• Ability to communicate clearly and professionally with stakeholders at different levels of the organisation

Awareness of UK regulatory frameworks (FCA / ICARA / Investment Firms Prudential Regime (IFPR)) is desirable

About You

You will be highly organised and able to both take direction, leading designated tasks, as well as understanding wider business needs and pro-actively identifying what needs to be done.

Ambitious with a desire to learn and grow you want to become an integral part of a business finding solutions to problems.

Why Join W1M?

This is an opportunity to join a growing and evolving organisation at an exciting stage of its journey.

The role offers:

• Career development opportunities – we are a growing firm with solid expansion plans over the next 5 years
• The chance to learn directly from senior managers and leadership

Equal Opportunity Statement

W1M is an equal opportunities employer and in accordance with the rules regarding discrimination in the Equality Act 2010, we welcome applications from all suitably qualified persons.