Operational Risk Analyst

Operational Risk AnalystOverview:This position will work directly with our Operational Risk Manager forming a 2 person team to ensure all current risk process are monitored and maintained while also assisting with the ongoing development of the function.As a growing business we offer direct access to all elements of Operational Risk in a real world setting with the chance to take responsibility and make an impact.

About the Company

W1M was formed in 2024 through the merger of London & Capital and Waverton, two established wealth managers with over 40 years of history. Since then, the business has grown to over 400 employees and manages approximately £29+ billion in assets under management.We are a UK wealth management firm operating in a regulated environment, providing investment and wealth management services to private clients, families, charities and institutions.Our values underpin how we work together and with our clients, shaping a culture focused on high standards, collaboration, integrity and adaptability.We have a collaborative working environment where people are given the opportunity to contribute meaningfully to the development of the business.Key Accountabilities:Support the Operational Risk Manager in the ongoing development, implementation and maintenance of our operational risk management framework.Assist in the Internal Capital Adequacy Risk Assessment (ICARA) process, including:Collection, validation and analysis of risk data inputsSupport with risk identification, assessment and documentation across business areasPreparation of supporting analysis for harms, operational resilience and risk scenario assessmentsContribute to maintenance of risk registers, including risk descriptions, controls, actions and ownershipSupport the monitoring and reporting of Key Risk Indicators and emerging risksAssist with the analysis of incidents, errors, breaches and near misses, including root cause analysis and tracking of remedial actionsAssist with oversight of third-party / outsourcing risks, including due diligence reviews and ongoing monitoringEngage with stakeholders across the business to support risk awareness and promote a strong risk cultureProvide ad-hoc analytical support on regulatory, risk and governance matters as requiredSupport business in the remediation of internal audit recommendationsBackground/Experience and Competencies Required:Prior Operational Risk experience within a Financial Services companyFoundational understanding of risk concepts including identification and controls, incidents and governanceStrong analytical skills with ability to interpret data, identify themes and draw clear conclusionsHigh attention to detail with structured, methodical approach to workAbility to communicate clearly and professionally with stakeholders at different levels of the organisationAwareness of UK regulatory frameworks (FCA / ICARA / Investment Firms Prudential Regime (IFPR)) is desirableAbout YouYou will be highly organised and able to both take direction, leading designated tasks, as well as understanding wider business needs and pro-actively identifying what needs to be done.Ambitious with a desire to learn and grow you want to become an integral part of a business finding solutions to problems.Why Join W1M?This is an opportunity to join a growing and evolving organisation at an exciting stage of its journey.The role offers:Career development opportunities – we are a growing firm with solid expansion plans over the next 5 yearsThe chance to learn directly from senior managers and leadershipEqual Opportunity StatementW1M is an equal opportunities employer and in accordance with the rules regarding discrimination in the Equality Act 2010, we welcome applications from all suitably qualified persons.