IRM Business Functional Analyst
Job title: IRM Business Functional Analyst (Senior)
Location: London, UK Hybrid 2-3 days/week
Contract InsideIR35
Duration: 6 Months
Role description
:
Acts as a bridge between business (Risk, Audit, Compliance teams) and technical tea
msDesigns risk & compliance processes on ServiceN
owConverts business requirements into functional specifications, workflows, and user stori
esDrives process standardization + governance adopti
on
Key responsibiliti
es:
A. Requirement Gathering & Works
hops
Conduct stakeholder workshops (Risk, Audit, Compliance t
eams) Unders
tand: Risk frame
works Regulatory requirements (SOX, ISO, GDPR
etc.) Convert
into: User st
ories Process
flows Functional design docs [virtualvocations
.com]
B. IRM Functional Solution
Design
Design solutions across key IRM m
odules: Risk Man
agement Policy & Com
pliance Audit Man
agement Third Party Risk
(TPRM) Regulatory Change Man
agement
Define: Risk lifecycle (identify → assess → respond → m
onitor) Control frameworks & ind
icators Assessment models & scoring logic [linked
in.com]
C. Process Design & Opti
mization
Re-engineer existing GRC
processes Align with industry
standards Ensure compliance + audit readiness + operational efficiency [datamatics...yt
ojob.com]
D. Functional Implementati
on Support
Translate requi
rements to:
Work
flows SLAs No
tifications Repo
rting needs Work closely with developers to ensure co
rrect buildKey resp
onsibility: Validate implementation vs r
equirements Support Agile ceremonies (backlog, sprint validation) [sg.
jooble.org]
E. Risk & Complianc
e Enablem
ent
Create: R
isk registers Cont
rol libraries
Audit pl
ans Support: Ris
k assessments Policy lifecyc
le management Compliance monitoring [virtualv
ocations.com]
F. UAT, Training
& Adop
tion
Conduct
: UAT sessions
Business
demos Prepare: Tra
ining materials Proces
s documentation Drive user adoption & governance maturity [datamatic
s...ytojob.com]
G. Stakeholder &
Governance Role
Act as consultant/ad
visor to
busine
ss Define: KPIs G
overnance metrics Influence process decisi
ons & roadmap
Key skills/know
ledge/experience:
GRC / Risk
Management concept
sControl frameworksRisk assessment methodologies Compliance regulations (S
OX, ISO, GDPR etc.)ServiceNo
w Functional SkillsRequirement gathering & wo
rkshop f
acilitati
onWriting:BR
D / FSDUser s
toriesProcess flowsIRM module configur
ation understandingReporti
ng & dashboards
Pe
rson specification: Client facing, Negotitation, Communicat
