Risk Analyst

Job Title: Risk Analyst

Location: UK, London – 8 Fenchurch Place (On Site)

Work mode: Onsite

Job type: Fulltime

Reporting to: Chief Risk Officer

Job Purpose:

Coforge is looking for a technically capable and analytically driven Risk Analyst to help build and embed a modern, data-led risk function. This is a hands-on role sitting at the intersection of risk management and technology. The Risk Analyst will actively develop the tools, models, processes and risk capabilities that aid in shaping how risk is understood and managed across the business.

The role will report to the Chief Risk Officer, and work closely with Coforge’s senior management and leadership, providing analytical and quantitative insights to enable risk-informed decisions to be made with confidence, when it counts.

Key Responsibilities:

Risk Automation & Tooling

• Design and build Coforge’s internal risk tool and automation capability,
• Reduce manual risk processes by developing scalable and repeatable risk workflows,
• Embed risk capabilities into existing internal systems, apps and platforms,

Quantitative Risk Modelling

• Develop and maintain quantitative risk simulations, including, but not limited to Monte Carlo analysis and Value at Risk (VaR) models,
• Stress-test scenarios and validate model outputs to ensure reliability and accuracy
• Translate complex modelling outputs into clear, actionable insights that can be used by Coforges decision makers and stakeholders,

Risk Data & Analytics

• Define, build, and maintain a risk-related data suite,
• Develop risk data infrastructure and capability to support the monitoring, tracking and trend analysis of the data,
• Maintain data quality and accuracy, ensuring the data streams remain accessible, consistent and accurate,

Risk Reporting

• Produce regular, high-quality risk reports that give Coforge’s Senior Management and ELT awareness of the business risk environment and enables proactive decision making at the strategic level,
• Ensure the reporting meets compliance and audit requirements and is readily available upon request,
• Act as risk SME to improve business risk understanding and report interpretation,

Risk Governance and Compliance

• Contribute to the ongoing development and embedding of the risk framework,
• Support ongoing initiatives to drive a strong, risk-aware culture,
• Ensure compliance with relevant law, regulation and standards such as: DORA, NIS2, EU AI Act, ISO27001, ISO31000, SOC 2, SEBI regulation, India IT Act, GDPR, CCPA etc.
• Monitor risks to internal policies and procedures, undertaking maturity assessments and gap analysis periodically.
• Work with Compliance and Audit colleagues to ensure alignment and best practice is maintained.

Required Criteria:

Degree: Batchelor’s degree or an industry qualification in risk management, mathematics, statistics or role related field advantageous but not essential,

Certification: Industry qualification in a relevant field advantageous but not essential

Experience: 3-5 years in a risk, quantitative (actuarial), or advanced tech role,

• - Demonstrable capability and experience in writing production-ready scripts, building internal risk tools and automating processes,
• - Practical experience with quantitative risk methodologies such as Monte Carlo simulations and/or VaR,
• - Experience in building/developing risk data/KRI capabilities,
• - Strong data analytics skill, experience with SQL, pandas or a similar tool would be advantageous but is not essential,
• - Experience/demonstrable skill in product risk reports that provide business-relevant information and data,
• - Strong analytical mindset with an ability to identify trends and interpret data/risk information in a business relevant way.