Company Overview

The organisation operates in a business environment where effective risk management, strong internal controls, and informed decision-making are essential to sustainable performance. It seeks to identify potential threats early, assess their impact, and establish appropriate measures to protect business operations, financial resources, customers, and organisational objectives. The risk function works closely with finance, compliance, operations, technology, and leadership teams to maintain a consistent approach to risk identification and monitoring.

Role Summary

The Senior Risk Analyst will assess financial, operational, and business risks, develop monitoring reports, and provide analytical support for risk mitigation decisions. The role requires a structured approach to evaluating risk exposure, identifying emerging trends, investigating unusual movements in risk indicators, and communicating findings to relevant stakeholders.

Working remotely from Estonia, the successful candidate will contribute to risk assessments, scenario analysis, control reviews, and the ongoing improvement of risk reporting frameworks. The position is suited to an analytical professional who can work confidently with quantitative information, interpret complex business developments, and translate findings into practical recommendations.

Key Responsibilities

• Identify, assess, and monitor financial, operational, counterparty, and business risks in accordance with the organisation’s risk management framework.

• Analyse risk indicators, exposure reports, loss events, operational incidents, and other relevant information to identify emerging vulnerabilities.

• Develop and maintain risk dashboards, monitoring reports, exposure summaries, and management information for decision-making.

• Conduct quantitative and qualitative assessments to evaluate the likelihood and potential impact of identified risks.

• Support scenario analysis and stress testing by assessing the effects of changing market conditions, business assumptions, operational disruptions, and other relevant risk factors.

• Investigate significant movements in risk metrics, identify potential root causes, and recommend appropriate mitigation measures.

• Review risk limits, thresholds, escalation criteria, and monitoring procedures to identify opportunities for improvement.

• Collaborate with finance teams to assess financial exposures, liquidity-related indicators, credit risks, and potential impacts on business performance.

• Work with compliance and operational teams to identify control weaknesses and assess the risk implications of process or regulatory changes.

• Prepare clear risk assessments and written reports for management, explaining key findings, potential consequences, and recommended actions.

• Maintain accurate records of identified risks, control assessments, remediation plans, and outstanding issues.

• Monitor the implementation of agreed risk mitigation actions and follow up with responsible stakeholders on overdue items.

• Support internal audits, risk reviews, and control testing by providing relevant analysis and documentation.

• Contribute to the development of risk methodologies, reporting standards, and consistent assessment criteria across business functions.

• Maintain awareness of relevant developments in risk management practices and applicable regulatory expectations.

Requirements and Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Risk Management, Business Administration, or a related discipline.

• Relevant professional experience in risk analysis, financial analysis, operational risk, credit risk, or a comparable role.

• Strong analytical skills and the ability to interpret quantitative information, identify patterns, and assess potential business impacts.

• Proficiency in Microsoft Excel, including advanced formulas, pivot tables, data reconciliation, and structured reporting.

• Experience using SQL, Power BI, Tableau, Python, or comparable tools for data analysis and risk reporting is an advantage.

• Understanding of risk assessment methodologies, risk indicators, control frameworks, and mitigation planning.

• Familiarity with financial statements, business performance metrics, credit exposure, and operational risk concepts.

• Ability to prepare well-structured reports and communicate technical findings to non-technical stakeholders.

• Strong attention to detail and a methodical approach to investigating discrepancies and documenting conclusions.

• Ability to manage competing priorities, meet reporting deadlines, and work independently in a remote environment.

• Professional English communication skills, both written and spoken.

• Relevant qualifications such as FRM, PRM, CFA, or equivalent risk and finance training are advantageous but not essential.

Benefits

• Remote working opportunity within Estonia.

• Opportunity to contribute to risk assessment and decision-making across multiple business functions.

• Exposure to financial, operational, and strategic risk management activities.

• Professional development opportunities in risk analytics, reporting, and control frameworks.

• A collaborative environment that values analytical rigour, accountability, and continuous improvement.

• Opportunities to contribute ideas that strengthen risk monitoring, reporting efficiency, and organisational resilience.

Application Instructions

Interested candidates should submit an up-to-date CV highlighting their experience in risk analysis, financial assessment, reporting, and risk mitigation. Applications should describe relevant projects involving risk indicators, exposure analysis, scenario testing, or control improvement. Candidates should also outline their analytical tools and ability to communicate findings to stakeholders. Relevant professional qualifications and examples of non-confidential analytical work may be included where appropriate.

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