Senior Operational Risk Analyst

Application Deadline: 18 September 2026

Department: Risk Control

Employment Type: Permanent - Full Time

Location: London, UK

Description

Key Responsibilities

• Act as a subject matter expert on Operational Risk, able to provide advice and guidance to senior management and the business on key operational risk matters
• Support the development and maintenance of the operational risk frameworks to enable identification and assessment of major operational risks across core and emerging commercial and operational activities in line with recognised best practice and standards
• Manage the New Business Assurance process and contribute to the risk oversight and control in relation to new strategic initiatives and operational capability projects
• Support the development of the operational risk agenda to meet audit, policy or external regulatory requirements
• Support the design and operation of the Risk Control Self-Assessment methodology and reporting of the output to the Risk Control Committee and parent companies
• Conduct incident investigations and extract learnings and risk insights to drive performance improvements, gain approvals and provide focus to line department plans on business process and continuous improvement activity
• Extract, validate and consolidate relevant data from source systems to produce an accurate and timely monthly Trader KPI report, providing management with clear visibility of trader performance, key risk indicators, policy compliance and areas requiring follow-up
• Introduce new starters to the Risk Policy and other company policies, ensuring they understand their roles, responsibilities and key control requirements. Provide guidance on new starter system configuration and access controls to support effective segregation of duties (SoD) and maintain an appropriate control environment
• Support IT projects by providing Operational Risk and control expertise, ensuring that new systems and technology solutions are appropriately designed, controlled and fit for purpose to support efficient and effective trading operations

Skills, Knowledge and Expertise

• Relevant Bachelors Degree, or equivalent
• A professional background within Commodities - qualifications in Risk, Accounting or Audit may provide an advantage
• Detailed working knowledge of operational risk best practice application and implementation. (e.g. Basel II, COSO)
• Detailed knowledge of operational risk and control processes and practices, including experience in their application; knowledge of Operational Rigour / Testing Frameworks and practices, as well as proven experience in design and testing of controls
• Working knowledge of the energy trading (Oil, Gas, LNG, Power etc.) and supply chain business; front-to-back office best practices;
• Working knowledge of the energy transaction lifecycle
• Experience of controls and the setting up of controls environment (e.g. Basel II, COSO)
• The successful candidate would preferably be from a commodities background with at least 6 years’ experience within an energy trading and/or risk environment, including within Operational Risk or associated roles
• A background within other management and control functions i.e. Commercial Finance, Risk Management, Accounting, Audit, Internal Control, Business Change and Business Assurance, or a related Risk Consulting Practice
• Strong verbal and written communication skills; initiates communications within the team to learn and share knowledge and follows up to ensure message is received; 
• Ability to communicate well with front, mid and back-office personnel as well as senior levels of management; listens attentively, seeks to understand others viewpoints, and tests for understanding; ability to communicate complex issues simply;
• Able to take and maintain an independent approach and challenge where appropriate
• Ability to balance operational risk management theory and practical best practice implementation with commercial and resource constraints
• Ability to prioritise multiple tasks to meet deadlines in a fast-paced environment
• Strong IT skills and aptitude; experience of working with large sets of data and producing reports; experience with energy trading risk management (ETRM) systems such as Endur and Symphony

Benefits