Grow with UTB

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home. 

Role Purpose: 

The Operational Risk Analyst supports the 1^st line of defence by enhancing the banks approach to identifying, managing and reporting operational risks. The role provides vital oversight of operational risk events, develops and maintains operational risk reporting into governance committees and assists in the embedding of effective key control environments. The role holder will also contribute to development of assurance processes across Operational Risk, Operational Resilience and Outsourcing & Third-Party Management within the first line.

Responsibilities:

Operational Risk Reporting

• Produce high quality operational risk reports and dashboards for key governance committees
• Identify trends, emerging risks and areas requiring management attention across the business
• Assist in the design and implementation of key control and risk indicators

Incident management

• Log, track and monitor operational incidents to ensure timely resolution and appropriate root cause analysis
• Support the business in identifying and implementing appropriate corrective and preventative actions through a lesson learnt process

Operational Resilience

• Assist the Operational Resilience Manager with the execution of operational resilience testing
• Support with the analysis of test results and tracking/reporting of remedial actions

Third Party & Outsourcing

• Assist the Third-Party Supplier Manager reporting on third party risks and dependencies for key services, including incidents and control performance

Risk and Control Framework

• Support the business units in evidencing control effectiveness and identifying gaps
• Support business units in completing risk and key control assessments

Risk Management System

• Utilise the banks Risk Management System to drive consistent reporting and MI

Skills and Experience sought: 

• Experience in an Operational Risk or control role
• Demonstrated experience in preparing risk reports or dashboards for senior stakeholders or governance committees
• Familiarity with risk and key control assessment processes
• Comfortable working with risk systems, data sets and different tools

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• competitive salary and discretionary bonus scheme
• matched pension contributions up to 7%
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
• flexible and hybrid working
• private medical insurance via Vitality
• life, income protection and critical illness insurance
• enhanced family leave pay
• extensive learning and personal development opportunities
• electric car scheme and cycle to work scheme
• season ticket loan
• wellbeing support – discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

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