Senior Risk Analyst

About the Role

Our client is seeking a dedicated Senior Risk Analyst to join their expanding team in Portsmouth . This vital role focuses on identifying, assessing, and mitigating financial and operational risks within the Banking & Finance sector. You will work closely with various departments to develop risk management strategies, implement controls, and ensure adherence to regulatory requirements. This hybrid position offers a dynamic work environment where you can apply your analytical skills to protect the organization while enjoying a balanced work life.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks and methodologies.
• Conduct detailed risk assessments, identifying potential threats to the organization's financial stability and operations.
• Monitor and analyze key risk indicators (KRIs) and report on risk exposures to senior management.
• Design and implement risk mitigation strategies and controls to reduce potential impacts.
• Ensure compliance with relevant industry regulations and best practices in risk management.
• Collaborate with internal audit and business units to address identified risks and implement remediation plans.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in risk management, preferably within the Banking & Finance industry.
• Strong understanding of various risk types, including credit risk, market risk, operational risk, and compliance risk.
• Proficiency in risk modeling, data analysis, and statistical software tools.
• Excellent analytical, problem-solving, and communication skills.
• Experience with regulatory frameworks such as Basel Accords or Solvency II is advantageous.

Benefits

• Competitive salary with regular performance reviews and potential for increases.
• Hybrid working model providing flexibility and work-life balance.
• Comprehensive health, dental, and vision insurance plans.
• Generous annual leave and company-backed pension scheme.
• Opportunities for professional development, certifications, and career advancement.