Average Risk Analyst salary in the UK

With our Client we ate looking to appoint a Supplier Risk Analyst. Candidates need to have strong experience of dealing with suppliers and analyzing supplier risk What you can expect: Hybrid working between home and office (2 days a week in the office)26 days holiday to start plus bank holidaysSalary of between £46-50k DOE and QualificationPerformance related annual bonus schemeHalf day on a Friday!Contributory pension and moreAttractive vehicle lease schemeThe chance to work for one of the UKs leading brands Role Purpose: This is a newly created role based within the Procurement department, the department is responsible for the selection and management of all external suppliers to the business. You will be working to professionally develop and maintain competitive, stable, long-term supply agreements with its supplier base. These agreements will help the company to achieve greater commercial success in the future and contribute to the long-term profitability of the company. Lots of autonomy with this role as its a growing function within the business so ability to make suggestions and implement new ideas Key Responsibilities: To collate supplier certifications, terms and conditions and other supplier documentationSupporting with supplier risk assessments not limited to but including financial and complianceEnsure high quality execution of our due diligence work to identify, assess, prevent and mitigate risksInvestigating and liaising with a wide range of cross functional stakeholders on ad hoc risksManaging risk alerts and following through with necessary investigationsSupplier Risk Team and Procurement Business Office inbox managementAssist with roll out and implementation of risk processes and toolsOverseeing the maintenance of up-to-date and accurate supplier information and contact details across various internal systemsReporting to Procurement leadership team to inform them of supplier risks and facilitate next stepsProcessing new supplier set up in Risk tools systems and maintenance of these systemsDeveloping and implementing data analysis methods for accurate and insightful reportingReporting and presenting risk status using tools such as Power BI or other visualization softwareSupporting the Supplier Risk Manager in ensuring risk principles are upheld in procurement processes Requirements: Previous data and risk management experience including supplier assessments.Understanding of the Procurement function and ability to work and communicate confidently at a Management level.Microsoft Office & specifically Excel / PowerPoint skills are required.Knowledge in running KPI’s and measuring performance - strong analysis skills required.Must be highly computer literate, specifically in use of Excel to manage and manipulate large volumes of data from multiple sources. Previous experience of working in the Automotive or Manufacturing sector would be an advantage TO HAVE A CONVERSATION ABOUT THE SUPPLIER RISK ANALYST ROLE - please email your CV to the office WE ARE UNABLE TO RESPOND TO CANDIDATES NOT SHORTLISTED FOR THE SUPPLIER RISK ANALYST ROLE.

Job Title: Credit Risk Analyst Location: Rotherham Salary: Up to £40,000 Hours: Monday to Friday 9 am - 5.30 pm Benefits: Company eventsCompany Pension with Scottish WidowsEmployee assistance programme and financial wellbeing supportContinuous learning programFree ParkingHealthcare and wellbeing programme25 days holiday About the position of Credit Risk AnalysT The newly created role of Credit Risk Analyst reports directly to the Chief Risk and Information Officer, providing an exciting opportunity to join and shape the credit risk framework for a fast-growing organisation. The role will be critical within a busy and growing lender as they seek to strengthen their analytic capabilities and develop data-led decision-making processes.You will be familiar with leading complex analytical projects to completion with minimal guidance, formulating and communicating conclusions and proposals considering the risk and reward whilst balancing customer outcomes and supporting the business in making positive strategic decisions. Responsibilities required for the role of Credit Risk Analyst Development of credit risk management strategies including the manual verification rules for the underwriting team.Perform analysis on data gathered from Credit Reference Agencies and other sources to design and develop innovative approaches to the credit approval process.Monitor decision engine performance to ensure that refer/decline rules, product limits, credit score cut-offs, and affordability assessments are appropriate and effective.Operate a robust test-and-learn approach developing tests based on data-driven evidence, setting clear performance expectations with subsequent monitoring and maintenance of performance.Undertake specialised analysis in the areas of scorecard development, modelling, profiling/segmentation and forecasting to ensure that lending is by Credit Risk Policy and the risk appetite of the business.Code, test, and implement approved changes to the credit decisioning systems, maintaining comprehensive documentation of credit strategies, procedures, and processes.Provide support and advice to our internal customers regarding business insight and analytical trends.Investigate issues identifying and highlighting trends and emerging issues, together with the identification and development of appropriate solutions to deliver improved customer outcomes and business performance. Experience required for the role of Credit Risk Analyst Excellent analytical and numeric skills.Educated to a degree level in a relevant numerate discipline (Mathematics, Statistics, Economics) (Desirable).Strong skills using relevant software packages (i.e. Power BI/SQL/VBA/Python) to analyse large amounts of data, draw conclusions and drive actions.Proven ability to analyse and present data in a Credit Risk role.Knowledge of Credit Reference Agency data and reporting.Excellent oral and written communication skills with the ability to translate insight into a coherent story that assesses the customer / commercial/financial impact and drives action.Ability to consistently deliver accurate, error-free results to a high standard within tight deadlines. For more information regarding the role of Credit Risk Analyst please contact Stellar Select is acting as an employment agency and is a corporate member of the REC Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days

Rev & Regs are recruiting for a Risk Analyst position for a dynamic and well-renowned Financial Services company in the City of London. Are you a proactive and detail-oriented individual with a passion for risk management? Join a top tier financial services company as a Risk Analyst, where you'll collaborate with the Chief Risk Officer and Head of Operational Risk to fortify their risk monitoring and mitigation efforts across the organization. Responsibilities: Spearhead the coordination and analysis of the risk management reporting information, providing invaluable insights to senior management, Risk Committees, and the Board.Manage the coordination of the group's risk incident and breach reporting processes, ensuring timely escalation and comprehensive review of risk incidents and breaches.Administer and develop the risk management and management information reporting systems, overseeing user profiles, access, design, and supplier management.Assist the Risk Business Partners and Head of Operational Risk in a diverse array of projects and business initiatives.Support business units in conducting risk and control self-assessments (RCSA) and 1st line control testing reviews, fostering a culture of risk awareness and mitigation.Conduct daily reviews of the firm's counterparty risk exposure reporting and mark-to-market calculations, ensuring accuracy and reliability.Aid in the review of supplier GDPR due diligence checks, maintaining adherence to regulatory requirements. Experience: Previous experience in assessing and managing business and operational risk within financial or professional services is advantageous.Strong interpersonal skills to engage effectively with stakeholders at all levels.Excellent verbal and written communication skills, with the ability to initiate and lead discussions with business leaders and colleagues.A level of technological proficiency and familiarity with risk management systems is preferred.Analytical mindset with a passion for data analysis, capable of presenting recommendations and conclusions concisely.Ability to articulate ideas clearly and succinctly. Salary: £40,000 - £45,000 Location: Hybrid (2-3 days per week in City of London office)