Enterprise Risk Analyst

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • BGC Partners
  • 17 Oct 17 2017-10-17

The Risk Management department is looking for a dynamic graduate to join the Enterprise Risk team as an Analyst.

Main purpose of the role:

To assist with the design and implementation of the operational risk framework across the entities.

Key Responsibilities:

Core Activities

Operational Risk Event

  • Review and monitor operational risk events.
  • Conduct root cause and statistical analysis for key risk events.
  • Produce periodic risk event reports.

ICAAP/Scenario Analysis (ScA)

  • Assist the Head of Enterprise Risk in carrying out the annual Scenario Analysis and ICAAP processes.
  • Assist in the quantification of operational risks identified as part of the scenario analysis process.

Key Risk Indicator (KRI)

  • Maintain the KRI library and conduct data analysis.
  • Interact with other departments to ensure they provide relevant data for KRIs.

Risk and Control Self Assessment (RCSA)

  • Assist with workshops and regular meetings with key stakeholders within the business.
  • Produce periodic RCSA reports and MI for the relevant risk committees.

Reporting

  • Prepare monthly reports for the Operational Risk & Compliance Committee (ORCC) and other relevant Management Committees.
  • Update Policy and Procedure documents when required.

Key contacts/working relationships

  • Risk Champions in each support function
  • Interact with Senior Management and key business and support staff

Key outputs and key performance indicators

  • Production and circulation of Key reports; Operational Risk Event reports, ORCC reports, ScA Reports
  • Timely and accurate management information is provided to Senior Management, Committees and Board.
  • Operational risk tools are kept updated as per Framework for Operational Risk (FOR). Maintenance of the KRI and Risk Registers and the Operational Risk Event Database
  • Assistance with ad-hoc operational risk requests
  • To be alert to Conduct Risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm. 

Skills / competencies required:

  • Bachelor’s degree (or equivalent) in finance, economics, maths or other related fields 
  • General understanding of operational risks
  • Strong analytical skills preferably with a background in advanced mathematics/econometric analysis
  • An understanding of the capital markets business including trade flows and settlements process
  • Must be an intermediate Excel and PowerPoint user

Personal attributes:

  • Excellent communication skills with the ability to build effective relationships with key stakeholders within a complex organisational environment
  • Strong analytical skills
  • Career focussed and committed to continuing professional development
  • An effective team player with the ability to lead and motivate others
  • Robust, resilient and able to cope well under pressure.