Risk Analyst

At the Hinckley & Rugby Building Society we are ambitious, we are in an exciting period of growth to ensure we are offering our members a best in market experience with every interaction. We believe our success is all thanks to the people we employ. We have a strong culture of teamwork, mutual respect and support for all colleagues. We are looking for a Risk Analyst to join our Governance, Risk, and Compliance (GRC) team.

The Risk Analyst is key member of the GRC team with a key focus of the 2nd line prudential risk areas of the risk management framework which are Credit Risk and Treasury and Funding Risk. This is a hands on role for someone with a thorough understanding of all areas of prudential risk, performing to a high standard in line with the GRC Charter. You will support creation and delivery of the annual Risk Plan as part of the Society Integrated Assurance Plan with a focus on prudential and credit matters. Through this plan and day to day collaboration with stakeholders offer advice and guidance on risk matters with a subject matter expert focus on prudential areas ultimately to protect the Society from undue risk using your coaching, negotiation and problem solving skills. GRC is a close knit team where collaborating, sharing experience and knowledge is crucial.

This role will give you the opportunity to see all areas of the Society, with a focus on Prudential and Credit risk. You should have a background in Treasury, Finance, management accounts or credit either in a 1st or 2nd line capacity. You will need a keen eye for detail, an ability to make complex simple through concise and easily understood verbal and written communications, work to high standards that at time may have time constraints with strong written and verbal communication skills. Experience working in 2nd line is not essential as fully coaching, development and training will be provided but would be an advantage.

What does the job look like?

• Working with the SP&ORM deliver Board level reports for the 2nd line oversight of the Risk Plan with a specialism of Prudential and Credit areas which includes:
  • Lending & Prudential Policies
  • Credit Risk Management Framework
  • ICAAP
  • ILAAP
  • Recovery Plan and Resolution Pack
  • Product initiative and lending changes.
• Oversight and challenge of the Risk Appetite, including:
  • Liaise on all limits in 1st line ownership to ensure in line with Sourcebook, postures are set and present annually alongside the Risk Management Framework:
    • review of limits at least annually or at the point of a change
    • set capacity, limits and postures
    • review at least monthly the performance against limits with escalation as required.
• Undertake or coordinate 2nd line lending asset quality reviews.
• Monitoring and Delivering against the Risk team’s Annual Plan this will be part of the Integrated Assurance structure.
• Support the wider risk team in delivery of the Risk plan as and when required.
• Attendance at Credit Committee, when required
• Attendance at ALCO, when required
• Attendance at Product Pricing and Governance Committee, when required
• Provide written and verbal challenge and advice including production of 2nd line papers delivering challenge and insight incorporating Credit Risk MI including stress testing, review of provisioning and committee pack content for the Board, RC, ALCO and Credit Committee.
• Ensuring all risk issues are logged as GRC Recommendations.
• Ensure all Risk Events and horizon risks are understood and monitored for wider impact by their owners.
• Support colleagues within the Risk and GRC team to ensure the overall risk and GRC functions are delivered.
• Collaboration with stakeholders to provide wider support, guidance and advice as part of BAU and or projects on regulation and risks which include member and customer impacts.
• Undertaking special investigations for risk as instructed by your manager, the CRO or senior management.
• Deputising for SP&ORM as requested at committees.
• Stay committed to developing yourself as the organisation grows, changes and develops, pushing yourself to continuously enhance your knowledge, skills and behavioural capabilities.
• Any other duties as required by your manager or the CRO.

What can the Hinckley & Rugby Building Society offer me?

• Minimum of 25 days holiday plus statutory bank holidays.
• Holiday purchase scheme, up to 3 days annually
• Birthday Holiday
• Healthcare Cash Plan with Medicash
• Benenden Private Health insurance
• Contributory pension scheme
• Workplace Savings Scheme
• Life cover of four times your annual salary
• Reward, recognition and incentives
• Full training and the chance to gain industry recognised qualifications.
• Supportive and friendly culture with an open-door policy
• Join an organisation that promotes from within
• Great location within Hinckley, walking distance to Hinckley town centre
• Newly renovated offices
• Enhanced family leave
• Three days paid leave for volunteering.

To read the full Job Description, click here.

How to apply

If you would like to find out anything else about the role or life at the Hinckley & Rugby Building Society, please contact hr@hrbs.co.uk
 
If this role and the Hinckley & Rugby Building Society could be your next step, we want to hear from you.