Job Description

This is a free training course followed by the potential for a role with one of our clients.

Title: Operational Risk Product Analyst

Job location: London, UK (2 days per week)

Description:

These job roles are linked directly to free education, and upon completion of our course, you will be equipped to start your new role.

THE ROLE

Our clients are looking for Operational Risk Product Analysts to join their team.

ABOUT YOU & THE ROLE

The Operational Risk Product Analyst (AVP) plays a pivotal role in delivering innovative risk technology solutions while ensuring full alignment with European Central Bank (ECB) supervisory expectations. Situated within the IT & Security Planning Department (ITSD), reporting directly to the Credit Risk Tech Lead with a dotted line to the Head of Credit Risk, you will serve as a key bridge between business requirements, regulatory demands, and tech delivery.

What Experience We Are Looking For:

• AVP-Level Experience: Background in Operational Risk, Risk Technology, or related functions within a regulated financial services institution.
• Regulatory Knowledge: Solid understanding of ECB/SSM operational risk regulatory frameworks, taxonomies, and expectations.
• Risk System Expertise: Hands-on experience supporting risk systems or product development (e.g., ConnectedRisk, SAI360, or bespoke ORM platforms).
• Delivery Capabilities: Analytical problem-solving, strong documentation skills, and comfort working in Agile delivery environments.
• Soft Skills: Collaborative mindset, dependability as a self-starter, attention to detail, and the ability to communicate complex topics clearly to senior stakeholders.

SOME THINGS YOU'LL BE WORKING ON

• Product Ownership & Delivery: Translating regulatory and business requirements into user stories, functional specs, and acceptance criteria while driving testing and rollout in Agile cycles.
• Regulatory & ECB Alignment: Executing gap analyses, supporting horizontal reviews, and addressing ECB findings regarding risk taxonomies, RCSA, KRIs, and ICAAP/OR capital.
• Framework & Data Enhancement: Strengthening operational risk frameworks across RCSA, loss data collection, and scenario analysis while advancing data quality, governance, and lineage initiatives.
• Stakeholder & Change Management: Partnering across 1LOD, 2LOD, IT, Compliance, Finance, and Audit to deliver cohesive risk tools, user training, and change management strategies.

100% FREE LEARNING LINKED TO JOB ROLES

All of our courses are 100% free for all students. There are no secret or hidden fees, no payment upon completion, and no debt. We work with our partner companies to ensure this education is free for all learners.

Benefits - vary per client, but are competitive.