Risk Analyst at HMRC, Coventry, West Midlands

Company Overview:
HM Revenue & Customs (HMRC) is the UK's tax, payments, and customs authority. Employing over 60,000 people across the country, HMRC plays a vital role in collecting taxes, paying and administering tax credits, and regulating the UK's customs and excise duties.

Key Responsibilities for Risk Analyst:
- Conduct detailed risk assessments to identify potential financial, operational, and compliance risks within HMRC's banking and finance operations.
- Develop risk mitigation strategies and recommend solutions to enhance the overall risk management framework.
- Monitor and analyse risk exposure, ensuring compliance with regulatory requirements and internal policies.
- Collaborate with cross-functional teams to implement risk management best practices and drive continuous improvement initiatives.
- Produce comprehensive risk reports and presentations for senior management, highlighting key findings and recommendations.

Required Qualifications:
- Bachelor's degree in Finance, Economics, Accounting, or related field.
- Proven experience in risk management, preferably within the banking and finance sector.
- Strong understanding of financial regulations and compliance requirements in the UK.
- Excellent analytical skills with the ability to interpret complex data and identify trends.
- Proficiency in risk assessment methodologies and tools.

Desired Skills:
- Professional qualifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst).
- Experience with risk modelling and statistical analysis software.
- Knowledge of emerging trends in risk management and financial services.
- Strong communication and presentation skills, with the ability to convey complex information clearly and concisely.
- Ability to work effectively in a fast-paced, dynamic environment.

Compensation & Benefits:
- Competitive annual salary range: £30,000 - £40,000, depending on experience and qualifications.
- Pension scheme with employer contributions.
- Flexible working arrangements.
- Employee assistance programme.
- Professional development opportunities and training support.

How to Apply:
To apply for the Risk Analyst position at HMRC in Coventry, West Midlands, please visit our careers portal on the HMRC website and submit your CV along with a cover letter outlining your relevant experience and qualifications. We look forward to receiving your application and exploring the opportunity to join our dynamic team dedicated to shaping the future of financial risk management at HMRC.