IT Risk Analyst

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Date: 16-Nov-2022

Location: Edinburgh, GB Macclesfield, GB

Company: Royal London Group

Job Title: IT Risk Analyst

Contract Type: Permanent

Location: Edinburgh or Nether Alderley

Closing date: 30th November 2022


At Royal London we believe your difference is our strength and our organisation benefits from the different perspectives that diversity brings. Studies have shown that people from under-represented groups are less likely to apply unless they meet every requirement. So, if you’re excited about this role but your past experience isn't a perfect fit with the job description, we encourage you to apply anyway as you may be the right candidate for this or other opportunities.


About the role

We are looking for an IT Risk Analyst to join the Risk Technology team. This is an exciting opportunity to support the Group’s Executive and Business Management with providing independent assessment and opinion on the execution of the risk management system across Royal London.  You will support risk managers, senior risk managers and risk directors in ensuring that we embed and progress a consistent approach to risk management across all business functions. 


You might be an experienced IT Risk Analyst looking for a new opportunity or an IT professional looking to move into Risk.


Key responsibilities

  • Ensures all risk reporting is produced to a high standard in a timely manner
  • Deliver change activity to improve governance and controls in functions; provide input to and represents functions in Group-wide risk management development initiatives, e.g. new risk acceptance process, updated policy process
  • Carry out 2nd line oversight of the RMS e.g. risk events, RCSA in line with our procedures and produce analysis of results.



  • Understanding of the industry, and the associated legislative and regulatory environment
  • Understanding or process, risk and control management and assessment techniques, and how they can be applied to deliver outcomes for customers, regulators and the business
  • Understanding and application of the 3 lines of defence framework, risk management framework, control risk self-assessment process
  • Knowledge of RLG Conduct risk obligations and application of these in day to day activities
  • Good working knowledge of IT


What we offer

We've always been proud to reward our employees by offering a number of great benefits including:

  • A generous group pension scheme (up to 14% matching employer contribution)
  • 28 days annual leave plus bank holidays with the option to buy/sell up to 5 days
  • Annual company and performance based bonus
  • Life assurance (up to 8 x annual salary)
  • Enhanced parental leave policies
  • Private medical insurance
  • Employee Assistance Programme - Access 24/7 to confidential health, legal & financial advice

Full details can be found on our benefits page

About Royal London

Royal London is the largest mutual life insurance, pensions and investment company in the UK.  Since its foundation 160 years ago, Royal London has supported millions of people to protect and provide for themselves and their families.


At Royal London, our People Promise is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This promise has been at the heart of our approach to hybrid working, ensuing a balance of time working in our offices, supporting the culture of collaboration and inclusion and some working time from home, so we can all continue to benefit from the flexibility this brings. Our hybrid working approach is built around our mutual mindset, thinking about what is good for us as individuals (the ‘me’) and in the context of what is right for our customers, our colleagues and The Royal London group (the ‘we’). Together we belong- collaborate – learn and perform.


Our expectation is that colleagues working in hybrid roles will come into the office for 50% of their time, and the rest from home. We want to be as consistent as we can with our approach but we also appreciate some colleagues need adjustments based on personal circumstances. (e.g. to support a disability, or caring responsibility) and / or may wish to formally seek a flexible working pattern in line with our flexible working policy.


We appreciate the world of work continues to evolve and we will continue to listen to our colleagues views on this whilst ensuring our on-going approach is right for our business and customers

We are an equal opportunities employer. We work hard to attract the best talent for our award-winning team. We believe that embracing difference makes us stronger. Our diverse people bring us different skills – whatever their educational background, disability, gender, age, sexual orientation, race, religion or belief.

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