Prudential Risk Analyst

Cambridge, Head Office

We have an exciting role opening as a Prudential Risk Analyst in our Risk Team. This is an excellent opportunity for a motivated individual, ideally with excel modelling experience to make a difference in a forward thinking, digital focused organisation. Ideally you will have an interest in working within the financial sector and you will work closely with the Prudential Risk Manager who will support you in this role. This is a great way to deliver important initiatives in a highly regarded Cambridge organisation!

Salary and working hours

£25,000.00 per annum

Monday to Friday (36.25 hours per week)

What you'll be doing day-to-day?

Keeping the Risk Management Framework up to date and agreeing ratings with management and Executive.

Prepare risk reporting for Committees, maintain the risk register and provide advice on risk management to colleagues

Complete second line of defence reviews on regulatory reporting, providing feedback and reporting on key weaknesses and controls issues

Carry out robust, well written, accurate analysis as requested and develop ideas for other areas of further analysis

Run second line of defence model governance reviews, maintain the model governance policy, report to relevant committees and maintain personal technical expertise on model governance matters

Ensure that regulatory changes are monitored, tracked and embedded in an effective manner

Maintain and develop professional knowledge, including up to date knowledge of PRA handbook

You will be someone who has:

An understanding of risk management in a financial services institution

Excellent analytical and data analysis capability

A can-do attitude, self-organised, decisive and can work to tight deadlines

Experience with report writing and Microsoft Office applications

The ability to effectively manage internal and external stakeholders

A relevant qualification or proven industry experience

Knowledge of UK regulatory regime

The Cambridge will reward you with:

Annual holiday - 24 days plus bank holidays,

your birthday, a shopping day and anniversary day (start date)

Private health care with retail discounts

A reduced mortgage rate

Excellent pension scheme - if you pay in 4%, we pay in 12%

Support for learning and personal development within your role

Career progression across the Society

A chance to give something back through our Community programme

A positive working culture which encourages you to have a voice

If you're interested in joining a forward thinking Society, we look forward to hearing from you!