Risk Control Analyst (h/f)

Risk Control Analyst

£500 - £550pd Inside IR35

London - Hybrid 3 days on site

ASAP Start

emagine is a high-end professional services consultancy and solutions firm specializing in providing business and technology services to the financial services sector. We power progress, solve challenges, and deliver real results through tailored high-end consulting services and solutions.

We have created a culture of openness and integrity by building genuine and strong relationships and partnerships, enabling us to be uncompromising in our dedication to delivering the optimal service for our clients. Our commitment is not just towards our clients; we aim to foster a positive and equitable working environment with our consultants and colleagues, stemming from our core values: Confident, Dedicated, Responsible, Genuine.

We are seeking a highly skilled Risk and Control Analyst to support the organization in delivering rapid change across both Run the Bank (RTB) and Change the Bank (CTB) initiatives. This role is critical in strengthening operational risk frameworks, improving risk controls, and ensuring compliance with regulatory requirements.

As part of an evolving risk function, you will help design, implement, and monitor risk frameworks while working closely with various departments to assess and enhance risk management practices.

The successful consultant will have retail banking experience and have experience in conducting Risk and Control Self-Assessments to ensure effective risk management, designing and enhancing operational risk frameworks for robust oversight.

Key Responsibilities:

• Conduct Risk and Control Self-Assessments (RCSA) and ensure effective risk management across business functions.

• Design, implement, and enhance operational risk frameworks to strengthen risk oversight.

• Identify, assess, and document risks across different business areas, ensuring comprehensive risk coverage.

• Develop and define risk controls, including writing control documentation and guidance.

• Perform testing and monitoring of risk controls, ensuring they remain effective and compliant.

• Support enterprise risk creation, including documenting and improving risk processes.

• Work with teams across the business to ensure compliance with regulatory standards and best practices.

• Read and analyse risk papers, providing insights and recommendations for improvement.

• Engage with stakeholders across the first line of defence to embed robust risk management practices.

Skills and Qualifications:

• Proven experience in operational risk management, risk framework creation, and RCSA processes.

• Retail banking experience

• Strong background in 1st Line of Defense risk functions.

• Experience in designing, testing, and monitoring risk controls.

• Knowledge of conduct regulations and regulatory expectations (preferred).

• Excellent analytical and problem-solving skills, with the ability to interpret complex risk data.

• Strong communication skills to work with stakeholders across the organization.

Our People:

The ideal consultants will share our values and be aligned with our ways of working, and as your career progresses, you can expect to work across all areas of the project life cycle.

We pride ourselves on:

Providing our people with a supportive culture, rooted in our values and driven by our purpose.

Promoting a culture of inclusion, collaboration, well-being, and learning and development.

Providing increased agility and flexibility within our hybrid working model.

Investing in employees' growth through ongoing training and development.

Autonomy to take ownership of projects, make decisions, and demonstrate individual expertise.

Providing a transparent performance and career management experience.

Interested?

At emagine, we are committed to building an international and diverse team by embracing our different backgrounds.

If you are up to the challenge and would like to find out more, get in touch with us immediately. Our internal recruitment team is always keen to hear from dynamic individuals looking to further their career and explore their full potential.

"emagine is an equal opportunity employer, and employment practices are based strictly on merit. It is the policy of the Company to give equal opportunity in employment regardless of sex, sexual orientation, marital status, race, age, disability, gender reassignment, pregnancy and maternity, religion, or ethnic origin."