Risk and Controls Assurance Analyst

Job description

Risk and Controls Assurance Analyst, London, Permanent We’re looking for a Risk and Controls Assurance Analyst to join our Chief Risk Office and support how risk and controls work in practice across Pay.UK. This role is well suited to someone with practical experience in second line of defence assurance who wants clarity of scope, structured work, and exposure to a regulated payments environment. You’ll focus on how controls are designed, documented, tested, and improved. Your work will support consistent assurance across an organisation of around 350 colleagues that operates UK payment systems processing billions of transactions each year. You’ll work closely with first line teams, use established GRC tooling, and contribute to the ongoing embedding of our Enterprise Risk Management Framework. The outcome of your work is clear and practical: well-defined controls, reliable assurance, and reporting that supports informed decisions. Accountabilities: - Review and quality assure control objectives, control designs, and control documentation to confirm they meet defined standards. - Work with first line of defence teams to review control testing results and identify gaps, weaknesses,...