Risk Analyst

About Utmost International
Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its' solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

On a proforma basis at HY 2024, Utmost International manages £103.5bn of assets under administration on behalf of approximately 200,000 policyholders.

About Utmost Luxembourg S.A.
Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset

Your role – Are you ready for a challenge?

As a member of the Risk team, your role is to support the maintenance and constant improvement of the Enterprise Risk Management (ERM) Framework and to implement it by advising and assisting the business in the daily identification, assessment, monitoring and reporting of operational and strategic risks.

Your Responsibilities Will Be As Follows

• Review operational and strategic risks with subject matter experts and management as part of the self-assessment process;
• Analyse processes and controls and propose improvements to ensure that related risks are in line with the Company's risk appetite;
• Review and advise on operational incidents; Support in the deep dive analysis of operational incidents;
• Assist in the preparation of reports to internal committees incl. the preparation of data;
• Perform control testing to assess the effectiveness of the control environment and report on results;
• Assist in the assessment of the capital requirements for operational risks under Solvency II;
• Develop and maintain the risk training material for the in-house online training platform;
• Liaise with other control functions such as Compliance and Internal Audit;
• Coordinate and supervise the maintenance of Corporate Policies, Procedures and Controls.
• Be an active contributor to raise the risk maturity level across the company.

Your profile – Have you got what it takes to become our Risk Analyst?

• University degree with up to 2 years of relevant experience in risk, control or audit functions;
• Excellent familiarity with the common MS Office software is a must;
• Excellent analytical and problem-solving skills. Identify and suggest new ideas and solutions, continuously thinking out of the box;
• Excellent English verbal and written skills; any additional European language would be considered an asset.
• Ability to identify and analyse risks;
• Highly developed communication skills and confidence in interacting with colleagues across the company and within the risk team;
• Experience in writing reports to committees;
• Dedication and ability to produce high quality, accurate work under pressure and tight deadlines
• Ability to prioritise among deliverables relating to multiple issues;
• Fast and enthusiastic learner;
• Sound knowledge of VBA. Quantitative modelling would be a considerable asset.

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.
Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.
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