Job Description

We are currently seeking a highly motivated, experienced Senior Risk Analyst to join our Group Risk Management team. This is a key role in supporting the development and implementation of the Group Risk Management Policy and Framework, whilst also helping to embed a strong risk culture across the organisation.

The Role

Responsibilities include:

• Developing and maintaining risk management tools and reporting aligned with the Group Risk Management Framework.
• Supporting the embedding of risk culture and monitoring risk MI and breaches.
• Maintaining and evolving risk appetite statements, metrics, and escalation protocols.
• Partnering with the business to integrate risk management into strategic decision-making.
• Delivering timely and accurate risk reporting to Audit and Risk Committees and Boards.
• Assisting with the development and production of the core risk elements within the ICARA and ORSA processes
• Ensuring data integrity and completeness in risk systems and reports.
• Staying informed of regulatory changes and advising on their impact to the Group.
• Mentoring and supporting the development of junior Risk Analysts.

The ideal candidate will have some experience of working in risk management within the financial services sector. You should have a strong grasp of risk management processes and controls, with the ability to analyse and interpret risk data effectively. Proficiency in Microsoft Office, particularly Excel, is essential, along with experience in facilitating risk and control self-assessments. Strong communication skills are key, especially the ability to engage with stakeholders across all levels of the IHP Group and produce clear, insightful reports that support strategic decision-making.

Ideally, you will also bring knowledge of the retail financial services industry, including investment platforms, ISAs, pensions, and other investment products. Familiarity with FCA and PRA regulatory frameworks, and experience with prudential reporting such as ICAAP, ICARA, or ORSAs, would be highly beneficial. A background in embedding good risk management practices into business processes, facilitating risk or scenario workshops, and writing reports for Board-level audiences is desirable. Risk management qualifications and an understanding of governance models, including the three lines of defence, would further strengthen your application.

In addition to technical expertise, we value personal attributes that support effective risk leadership. You should be skilled at summarising and presenting key points to aid management's understanding and decision-making, and capable of collating and analysing data to form initial risk views. The ability to read business process maps and identify risk and control features is important, as is being self-motivated to manage tasks independently. An eye for detail, a commitment to continuous improvement, and the ability to see the bigger picture while fostering strong working relationships across the team and department are essential qualities for success in this role.

We offer a competitive remuneration package, including company discretionary bonus, excellent pension contributions, an attractive staff share scheme, BUPA health insurance, buying and selling of annual leave and sponsorship of relevant professional qualifications.

The role is based in our central London office, but hybrid working is supported, with a current expectation of being in the office a minimum of 40% of the time, with additional office presence to support the business as required which will be determined with line management.

About us

Transact is a leading UK investment wrap platform for financial advisers and their clients. Our culture is collaborative, inclusive and open-minded. We work hard to continually challenge the way to we do things to maintain our market leading status.

As a customer-centric and client focussed business, we put our clients, like Mrs Miggins at the heart of everything we do.

Our platform enables clients and their advisers to manage their financial portfolio in one single online place, and is supported by unrivalled personal service. Our goal is to make all aspects of portfolio management as easy and efficient as possible for everyone involved, through the features we develop, our integrations with other systems, and the support we provide.

Our purpose: We enable the Miggins family and their adviser to hold their investments on a single platform across wrappers. We provide custody, tax wrapping, trading and reporting.

Our strategy: We make financial planning easier for advisers by delivering great service. Our platform helps advisers grow revenues and reduce risk and cost in their business. We will always have control of our technology, wrappers and service.

Our values: We do the right thing for customers, advisers, staff, shareholders, suppliers and the wider community.

Transact's parent company, IntegraFin Holdings plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 index. Established in 2000, today we have over £65.9 billion of funds under direction on behalf of over 8,000 advisers and 241,000 investor clients (as at March 2025).

Transact is a part of the IHP Group which also includes Time4Advice. The IHP Group exists to make financial planning easier for clients and advisers through the provision of financial adviser software and personal service.

Equal Opportunities

We provide a diverse and inclusive workplace and ensure that all of our staff respect and understand individual differences. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, religion or belief, sex or sexual orientation.