The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Associate Operational Risk Analyst (L1)
1-2 yearsSkills to master
- Accurate data entry, basic control testing, understanding risk terminology, effective documentation, asking good questions.
You're ready to move on when
- Consistently delivers accurate work with minimal supervision.
- Proactively identifies opportunities to take on more complex tasks.
- Shows a strong grasp of the 'Three Lines of Defence' model.
- Can clearly explain a basic incident investigation process.
- 2
Compliance Assistant / Analyst
2-3 yearsSkills to master
- Regulatory interpretation, policy adherence, control monitoring, stakeholder communication, attention to detail.
You're ready to move on when
- Has experience monitoring controls and identifying non-compliance.
- Can articulate the difference between compliance and risk functions.
- Is comfortable challenging business practices against regulatory requirements.
- Shows strong analytical skills in reviewing policy adherence.
- 3
Operations Specialist / Process Analyst
3-4 yearsSkills to master
- Deep understanding of specific operational processes, process mapping, efficiency analysis, problem-solving within operations.
You're ready to move on when
- Has a detailed understanding of how a specific operational process works end-to-end.
- Has identified and implemented process improvements in their previous role.
- Can clearly articulate the risks inherent in their previous operational area.
- Is keen to move from process improvement to risk identification and mitigation.