Position: Risk Analyst (2Lod)
Risk Analyst
London - Hybrid working (2 days per week in the office)
DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you'll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.
We're looking for a Risk Analyst to join our 2nd Line Risk function. From Upstream Risk, Regulatory Advice and Compliance Management Information to Privacy and Data Protection, our Risk and Compliance teams keep us one step ahead, always. With links to every part of the business, and the responsibility for keeping people safe and compliant with all regulatory, claims, and underwriting controls, we've got opportunities to develop your skills no matter your specialisation.
What
you'll do:
This role will support the Head of Business Risk discharge their responsibilities, by providing data led insight of operational risk matters, through the analysis of risk metrics, management information and interaction with key stakeholders.
You will support Risk oversight and challenge of Group and business area risk profiles, through:
- Utilisation of the Group risk management system, Workiva, to provide thorough analysis of risk actions, events, controls, metrics and management information for review by the Head of Area.
- Work with the business to ensure the completeness and accuracy of risk information contained within Workiva, including its compliance with the Enterprise Risk Strategy & Framework (ERMF) and Risk Management Process Minimum Standard(s).
- Maintain and drive forward continuous improvements to key 2
LoD risk documentation to support decision making including the Aggregated Risk Profile and 2
LoD Opinion process.
- Review and challenge controls and actions to ensure appropriateness to address any gaps identified.
- Regular engagement with wider Risk teams to understand any compliance, regulatory or financial themes affecting business area risk profiles.
- Provide active support in the management and oversight of DLG's Risk Appetite.
- Production of monthly reporting on Risk areas to the Operational Risk Committee (ORC), including provision of an aggregated view of Risk Profile as well as any notable Events and Actions for discussion and review (with support of the broader Risk team).
- Assist in the review, challenge and finalisation of papers for presentation at various committee and governance forums.
- Conduct thematic and deep-dive reviews across the risk universe (as required) to provide assurance that Group-level risks are appropriately articulated and rated, with appropriate addressing actions (where necessary).
- Work collaboratively with the Risk Framework team to facilitate activities (where required) and provide insight to central Enterprise Risk Management processes such as the Risk & Control Self-assessment Process, and Emerging Risk process.
- Provide advice and guidance on changes within appetite and support building strong control environments across the Group.
- Promote a strong risk and control culture and general awareness of risk management within DLG.
Our hybrid model offers a 'best of both worlds' approach. When you'll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office.
What you'll need:
- An understanding and experience within the insurance industry, or similar financial services would be preferred.
- Strong numeracy, analytical and research skills.
- Strong planning and organisational skills.
- Awareness of the balance between risk, control and growth.
- Self-motivated, able to generate new ideas, and solve problems.
- Strong Stakeholder Engagement skills.
- Experience of conducting thematic risk assurance assessments.
- Ability to explain complex issues and present technical information clearly.
- Experience of GRC systems would be beneficial.
Benefits:
We wouldn't be where we are today without our people and the wide variety of perspectives and life experiences they bring. That's why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and…