Lead Risk Data Analyst

Content

ORX is currently seeking a Lead Risk Data Analyst to support our Research and Information department. The ideal candidate will help us make the most of our data sets and support the industry with insights and analytical products.

ORX is an equal opportunity employer. We create an environment where everyone has an equal chance to succeed, during our recruitment phase and through their career at ORX. We are committed to building a diverse, equitable and inclusive culture where everyone can be a part of a community where you will belong and thrive.

Job Details:
Job Title:	Lead Risk Data Analyst
Contract and hours:	Permanent 37.5 hours per week (Mon-Fri) Hybrid working – 10 office days per quarter (Bath, UK)
Salary:	Competitive salary
Department:	Research and Information
Reporting to:	Head of Risk Measurement
Responsible for:	Supporting the transition of our data and services onto a new platform and supporting the industry with insights and analytical products.
Application deadline:	20 January 2025
Location:	Bath United Kingdom

About ORX

ORX is the world's largest association for operational and non-financial risk in financial services, employing around 70 dedicated professionals and growing. We work with over 130 organisations and thousands of risk professionals globally to advance and champion the discipline.

Founded over 20 years ago by a small group of banks to anonymously share operational risk loss data, we've since expanded our services. Today, we not only share loss data but also conduct research on key topics, offer collaboration opportunities, and develop standards and references to drive innovation and support our community in the increasingly digital financial services environment. Our activities cover the banking, insurance, and asset management sectors.

For more information about ORX, visit our about page.

The role

ORX is hiring a Lead Risk Data Analyst to work in our Research and Information Department. ORX holds proprietary datasets that represent the operational risk loss history of the global banking and insurance industries spanning more than 20 years. It’s a treasure trove for the keen analyst and we are looking for the right candidate to help us make the most of our data sets and support the industry with insights and analytical products.

The ideal candidate will have strong coding skills using R as well as proven experience with Excel and SQL. Previous analyst experience in identifying and resolving data quality issues will be advantageous. Experience in creating incisive data analytics and visualisations is necessary.

Though technical data analysis skills are required for the role, a deep interest in data alongside a keen curiosity to understand the story behind the data is essential. Candidates should be demonstrably driven and passionate about analytics and have the curiosity and the skills required to dig into a data set and tell a story using the insights they extract.

Interest in additional BI tools would be a plus, as would interest or experience in data engineering and database design. Furthermore, as we continue to explore ways to leverage GenAI tools, experience and an interest in these tools would also be beneficial.

As a Lead Risk Data Analyst, you will work closely with other analysts in the team with the opportunity to coach junior analysts. We are strong believers in the benefits of skill sharing so excellent communication and collaboration skills are essential.

It’s an exciting time at ORX as we transition our data and services onto a new platform and as such there will be the opportunity to build on your coding skills in a development environment and support us in our transition.

Key duties and responsibilities will include:

• Data analysis and insights – Undertaking thorough data interrogation using robust statistical methods to identify trends and potential issues within ORX data. Providing actionable insights that support ORX customers and the broader industry, and helping to communicate these insights effectively.

• Product development – Supporting the delivery of new and existing ORX data products by developing a deep understanding of existing products and helping us to shape future products. This includes collaborating with team members to generate ideas for how we can use our data assets and communicating these ideas to internal stakeholders.

• Coaching and knowledge sharing – Coaching junior analysts through one-on-one support and group training sessions, such as the ORX code club, to build technical capabilities and encourage best practices in data analysis.

More information is available in the job description below.

If you’re a good match for this exciting opportunity, please apply to careers@orx.org with a copy of your CV and cover letter. In the body of the cover letter please confirm your salary expectations and availability and we’ll be in touch.

As we manage and have control of highly confidential data at ORX, the successful candidate will be subject to background checks.

We’re not inviting third-party recruiters to work with us on this opportunity.

The first stage of the interview process will be a virtual call with hiring managers

The second stage of the interview process will be a formal interview with hiring managers in person in our central office in Bath. If applicable, they may test your analytical skills at this stage

How can I be supported?

You can share any adjustments you need at any stage of the application process by emailing people@orx.org. If you have a disability, if you are neurodivergent, or if you have a health condition that may affect you during the application process, we encourage you to discuss adjustments with our people team.

Some reasons why candidates may need support include but are not limited to: physical disability, dyslexia, dyspraxia, hearing/visual impairment, stammer, stutter, anxiety, depression, menopause, and long-term health conditions.

Some examples of adjustments that can be made for candidates include, but are not limited to:

Additional time to complete online assessments or interviews
Providing information about assessments during a briefing call
Adjusted font size or contrast settings on online assessments, exercises, tasks, and presentations.
Completing assessments via video call rather than online

Workplace adjustments

The support we offer throughout the recruitment process doesn’t end after the application. We know that employees have varying needs in the application process and at work, which is why we want to help employees at ORX get the support they need to thrive.

ORX is committed to providing employees with the tools and support they need, we can consider adjusting, removing, or reducing any barriers you might face if you have a disability, health concern, or mental health condition.

Workplace adjustments (or accommodations) help us do this and can be considered for all our employees.

Some of the adjustments we’ve provided for our employees include but are not limited to:

Ordering specialist equipment (like assistive technology and ergonomic furniture)
Adjustments to objectives or targets
Changing working arrangements, using flexible working or regular breaks

Hybrid working

We offer hybrid working (mix of remote and office working) built around your role and your home life commitments wherever possible. The minimum number of days in the office are 10 per quarter.

Benefits

Hybrid working to support a healthy work/life balance

Competitive salary

Discretionary bonus scheme

25 days holiday a year, increasing by one day for each year of service to a maximum of 28 days

8% company contribution to pension

Employee recognition scheme

Support for training and development

Life assurance

Health cash plan

Perks at work scheme

Employee assistance programme

Holiday trading

Sabbaticals and long service awards

Summer and Xmas social events

Workplace nursery scheme

Cycle to work

Inclusive and supportive working environment

We have a great culture and we’re proud of our people and the high engagement demonstrated year after year in our employee survey. We recognise and reward hard work, whilst respecting work-life balance. During the first month of the probation, employees should be in the office a minimum of 2 days per week.

Following this, days in the office are a minimum of 10 per quarter, which enables our teams to establish a working pattern that suits us, and you. We recognise that family time, being there for the school run and enjoying life at home is as important as collaborating with others, socialising as a team, and maximising the informal learning and innovation that happens when we’re together in the same place.