Operational Risk Analyst

The role promotes a culture of speaking up, transparency, and strong risk management across the organization. It involves analyzing operational risk events to identify root causes and key risk drivers, while supporting teams in designing and optimizing business processes. The position also contributes to organizational change through continuous improvement initiatives and requires close collaboration with departments and locations across the company. Additionally, the role supports the implementation of mitigation measures to prevent errors or fraud in physical and financial transactions. It includes identifying and managing projects aimed at streamlining processes and reducing operational risk, while leveraging process mining, automation, and data-blending or visualization tools whenever possible.

Accountabilities:

• Responsible for reporting and analyzing operational events impacting the business.
• Promote operational risk awareness, transparency, and strong risk-management practices across the organization.
• Produce accurate analysis and reporting of key operational risk events affecting the business.
• Identify potential risks, including process failures, system issues, regulatory compliance concerns, and human errors.
• Contribute to improving the efficiency and resilience of trading operations by analyzing and resolving operational issues.
• Support the adoption of new processes, tools, and system enhancements.
• Ensure accurate and timely management of projects and associated deadlines.
• Demonstrate high performance, professionalism, and strong work ethic in support of the team.
• Communicate effectively with multiple departments to support change-management initiatives.

Activities:

• Apply the operational risk policy and contribute to its continuous improvement.
• Analyze risk events and conduct forensic and root-cause assessments.
• Assist in the development and evaluation of structured power agreements, PPAs, and related documentation.
• Provide insights to support the development of structured power deals and assess contract performance.
• Evaluate risks and opportunities associated with various deal structures.
• Deliver process-mapping and optimization support across the organization.
• Assess process efficiency, propose improvements, and assist teams with implementation using process-mining tools.
• Develop and implement change-management strategies and plans for improvement projects.
• Assess stakeholder impacts and develop mitigation plans for potential side effects of change.
• Monitor and measure the success of change initiatives and identify areas for further enhancement.
• Support efforts to increase awareness and improve processes and systems across the trade lifecycle (e.g., third-party management, trade booking and confirmation, book data integrity, regulatory reporting, invoicing, and cash collection).
• Develop and maintain operational risk indicators and ensure appropriate tools are in place to produce them.
• Maintain and update the Operational Risk website and associated tools to ensure information, controls, and documentation remain accurate and current.
• Use mathematical and statistical expertise to develop and maintain operational risk indicators.
• Analyze the operational risk events database and implement analytical tools to identify trends and patterns.
• Recommend improvements to prevent recurrence of risk events and address identified trends.
• Support principal Risk Owners in identifying key risk indicators within their operations.
• Collaborate with stakeholders to identify concerns or constraints related to new business activities.
• Prepare regular reports for senior management, highlighting key risk exposures and mitigation strategies.
• Support Operational Risk activities related to Risk Committees and the New Product Approval Committee.
• Assist in reviewing new or modified products, coordinating cross-functional inputs, tracking approvals (NPAP Group, Power Risk Committee, Trade Risk Committee), and ensuring documentation and system readiness.