Senior Risk Analyst

Worthing or London
£40,175 - £47,243 + benefits
19 Jan 2022
01 Feb 2022
Contract Type

Salary:  London £43,432- £47,243, National £40,175- £43,708



At HMRC we are committed to creating a great place to work for all our colleagues; an inclusive and respectful environment that reflects the diversity of the society we serve.

We want to maximise the potential of everyone who chooses to work for us and we offer a range of flexible working patterns and support to make a fulfilling career at HMRC accessible to you.

Diverse perspectives and experiences are critical to our success and we welcome applications from all people from all backgrounds with the experience and skills needed to perform this role.

Are you an accomplished Risk Analyst or work in risk management? And are you ready to take the next step in a role offering the platform to showcase your leadership and influencing skills in one of the largest departments in government? This could be the perfect career move for you!

The Corporate Risk Management Team sit at the heart of risk management within HMRC, as part of the Finance Strategy and Performance function and are a key component of the enterprise risk management and three lines of defence assurance model.

Managing risks is a key part of everyday life, in and outside of the workplace and we are striving to be a pioneering function, continuously learning, and developing, with a strong focus on adding value and insight and developing our people. You will be part of a small, committed and friendly team, responsible for managing the department's risk register and developing HMRC's risk framework.

Our team is responsible for developing and embedding the risk management strategy and framework and providing risk identification, analysis, assurance and developing risk reports/products on behalf of, and to a range of senior partners across our department, including the Executive Committee, Board Committees, the Audit & Risk Committee and other external government bodies.

In addition to supporting strategic decision making through assurance and reporting activities, we seek to build risk management awareness and capability across the department by improving our internal processes, guidance and carrying out and following up on risk maturity assessments to enable HMRC to successfully manage its key risks.

Job description

As a Senior Risk Analyst and partner to the business, you will need to develop strong and effective professional relationships, meeting and working regularly with both senior stakeholders and key business partners, helping them to improve their risk management frameworks and the understanding, management and reporting of risks in their business area.

This role will offer a unique view of the whole Department and how it operates internally, as well as the role it plays in supporting wider government objectives and our economic health. It will stretch and develop your strategic skills, making you consider how HMRC fits into the wider cross-government and societal landscape and how our actions align to and impact the rest of Whitehall and Government.


As a Senior Risk Analyst in the team, you will be responsible for:

  • Developing awareness and understanding of the wider organisation and external context and how this impacts risks in the organisation.
  • Building strong stakeholder relationships that promote joined-up collaboration across the Risk Community within HMRC and Arms-Length Bodies.
  • Preparing briefings, risk and performance analysis reports and publications for senior stakeholders.
  • Actively contributing to the HMRC risk reporting process, understanding the timeline, information flow from data providers all the way up to our Executive Committee, HMRC Board, Audit & Risk Committee, HM Treasury and Cabinet Office, ensuring effective and smooth operation of the process.
  • Providing expert assurance, challenge and advice to enable the business to conduct the risk management process including risk identification, assessment, management and monitoring of risk, and to improve risk management maturity.
  • Contribute to the development of the risk management framework by leading on and contributing to risk improvement projects including the development of strategy, policy, guidance, templates and tools, as required.
  • Build the right risk capabilities and behaviours to ensure continuous improvement in HMRCs risk management maturity.

Person Specification

To be successful in this role the candidate will have:

  • A keen interest and some experience in risk management and how it can help an organisation deliver its strategy and objectives. This may come from a background in risk management or in working with senior decision-making functions in your organisation and having seen the practical benefits and pitfalls of risk management processes.
  • Excellent relationship building skills, with experience in creating and maintaining positive, professional and trusting working relationships with a wide range of people, identifying connections and bringing people together.
  • Experience in influencing all levels of stakeholder with an ability to articulate rationale to gain stakeholder agreement.
  • Innovation skills, experienced in trying new approaches and working outside of comfort zone.
  • Experience in tackling problems and finding ways to identify solutions.
  • Experience in seeking and analysing information to inform decisions based on the best available evidence.
  • Ability to see other views and appreciate there are many different angles to consider, bringing a fresh perspective to whatever the situation or context.

Desirable Criteria

Preferably, applicants should have either achieved or be working towards the following qualifications;

  • OGC Management of Risk (MoR) Foundation or Practitioner
  • IRM Certificate in Enterprise Risk Management or equivalent
  • Relevant professional qualification, such as qualified CCAB, CIMA or equivalent.


We'll assess you against these behaviours during the selection process:

  • Communicating and Influencing
  • Changing and Improving


  • Learning and development tailored to your role
  • An environment with flexible working options
  • A culture encouraging inclusion and diversity
  • A Civil Service pension
  • 22 days leave (pro rata for part time staff), increasing to 25 after a year's service and 30 days after 10 years' service.

Team members that are moving offices as a result of the Locations Programme will be entitled to a Moves Adjustment Payment for three years where they incur additional costs. This is calculated based on the difference between the costs of travelling to and from the new and old office, over a weekly period. You will get more detail on this as part of targeted locations move communications.


Apply before 11:55 pm on Tuesday 1st February 2022





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