W1M Wealth & Investment Management
Operational Risk Analyst
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Operational Risk Analyst
Operational Risk Analyst - Opportunity to Grow in a Regulated Financial Services Environment
Overview
This role is well-suited for someone with a foundational understanding of operational risk who is eager to deepen their experience within a regulated financial services environment.
It offers:
- Meaningful responsibility from day one
- Support for the ongoing development of our operational risk framework, systems, and controls
- A growing and evolving business environment
You will play a key role in shaping how risk is managed across the organisation and gain hands-on exposure to a broad range of risk, regulatory, and governance activities.
About the Company
Who We Are
W1M was formed in 2024 through the merger of London & Capital and Waverton, two established wealth managers with over 40 years of combined history. Since then, our business has grown to:
- Over 400 employees
- Approximately £27+ billion in assets under management (AUM)
We are a UK-based wealth management firm operating in a regulated environment, providing investment and wealth management services to:
- Private clients
- Families
- Charities
- Institutions
Our Values & Culture
Our core values define how we work—together and with our clients—creating a culture that emphasises high standards, collaboration, integrity, and adaptability.
We foster a collaborative working environment, giving people the opportunity to:
- Contribute meaningfully to business development
- Grow and thrive within the team
Key Accountabilities
Assist the Operational Risk Manager in delivering the following responsibilities:
Risk Framework Development
- Support the development, implementation, and maintenance of the operational risk management framework
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Internal Capital & Risk Processes
- Assist with the Internal Capital Adequacy and Risk Assessment (ICARA) process, including:
- Collection, validation, and analysis of risk data inputs
- Risk identification, assessment, and documentation across business areas
- Preparation of analysis for risk scenarios, harms, and operational resilience assessments
Risk Registers & Monitoring
- Maintain and update risk registers, ensuring:
- Risks are accurately recorded
- Controls, actions, and ownership are tracked
Emerging Risk & Incident Analysis
- Monitor and report on Key Risk Indicators (KRIs) and emerging risks
- Support analysis of incidents, errors, breaches, and near misses, including:
- Root cause analysis
- Tracking of remediation actions
Third-Party & Outsourcing Risk
- Assist in the oversight of third-party and outsourcing risk, including:
- Conducting due diligence
- Ongoing monitoring
Stakeholder Engagement & Risk Culture
- Engage stakeholders across the organisation to promote:
- Risk awareness
- A strong risk culture
Regulatory & Audit Support
- Provide analysis for regulatory, risk, and governance matters as required
- Support the tracking and closure of internal audit actions
Background, Experience & Competencies Required
Candidates should have:
- Previous experience in risk, compliance, audit, finance, or a control function
- Exposure to a UK-regulated environment, ideally within financial services
- Understanding of operational risk concepts, including:
- Risk identification
- Governance
- Controls
- Incidents
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Key skills and attributes include:
- Strong analytical skills with the ability to:
- Interpret data
- Identify themes and trends
- High attention to detail with a structured, methodical approach
- Strong communication skills to engage with stakeholders at all levels
- Awareness of:
- FCA regulatory frameworks
- ICARA (Internal Capital Adequacy and Risk Assessment)
- IFPR (Implementing Fit and Proper Requirements) (noted as desirable)
About You
We are looking for candidates who are:
- Curious, detail-oriented
- Keen to build a career in operational risk within a regulated financial services environment
Key personal attributes include:
- Analytical & structured in your thinking
- Comfortable working with data & documentation
- Proactive and willing to take ownership of tasks
- Collaborative and confident working across diverse teams
Ideal fit for someone interested in developing deeper expertise in:
- Risk management
- Regulation
Why Join W1M?
This is an exciting opportunity to join a growing business at a pivotal stage in its development.
Benefits of the role include:
- Hands-on risk exposure in a regulated financial services environment
- The chance to contribute to the evolution of core risk frameworks
- A collaborative and supportive team culture
- Strong learning and development opportunities
Equal Opportunities Statement
W1M is an equal opportunities employer and commits to welcoming applications from all suitably qualified candidates in accordance with the Equality Act 2010.
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