Job description
Why work for us
At ORX, we work hard while recognising the importance of the well-being and work/life balance of our employees. This is reflected in our culture and in our approach to flexible working. At ORX we believe this is paramount to your happiness and our collective success. We believe in the value of developing our people, We want our employees to be the very best that they can be. Investing in your development is not only an investment in your future but also the future success of ORX. Our benefits and the inclusive work environment we provide are aimed at taking care of you through all aspects of life; giving you a degree of choice to ensure your experience at ORX is the best it can be.
About the news team
The ORX News Service is designed to provide banks and insurers with timely content, research and analysis on media reported events where banks have lost over $1 million due to certain failures, such as frauds and fines. The aim is to help other financial institutions avoid making similar mistakes and therefore avoid losing money. All such losses will need to be identified, summarised, checked and then published. Typically, the process for a single story should take 24-72 hours from identification to publication. There are now around 10,000 stories in the ORX News database, which continues to enjoy strong customer growth. More information is available at https://managingrisktogether.orx.org/orx-news
You will use your strong research and writing skills to identify and summarise operational risk loss events for inclusion in the ORX News Service in line with our guidelines/standards, using publicly available online sources covering the global financial services industry, such as newspapers and regulator websites. Where possible you will use your language skills to identify events in international media. Using your analytical skills and increasing understanding of complex financial concepts to produce, you will write stories based on what you find. You will also provide quality assurance on colleagues’ stories before publication. And you may additionally undertake analysis of the data and work on other projects as required.
The company
ORX work with over 100 leading financial firms (members) from across the globe. With such a wide global reach, we provide a platform that drives better management, measurement and understanding of operational risk. We do this by enabling our members and subscribers to share information and data, take part in studies and benchmarks and giving them the chance to network and collaborate on a regular basis. As a not-for-profit organisation owned by our members, our focus is on people and what we can achieve together.
Main duties and responsibilities will include:
- Research and analyse the stories produced by the daily searches
- Produce one-page summaries of the events for publication including classification by characteristics such as type of loss, e.g. fraud or a fine
- Ensure a high level of quality in writing, proofreading and quality assuring, following guidelines and procedures
- Check content produced by other team members, including fact checking, editing and proofreading
- Produce Excel reports analysing trends in the ORX News data
- Produce in-depth reports (Deep Dives) on specific topics such as particularly large or unusual losses
- Ensure the publication of summaries is efficient and timely
- Assist with other projects as required
The ORX News Researcher is responsible for ensuring the quality and timely publication of stories of those stories that they have written as well as others’ adhering to our guidelines and standards.
Skills and knowledge
Essential
- Degree or equivalent and / or validated experience which shows an ability to operate effectively in the academic environment.
- At least one of (a) excellent written English at fluent level (CEFRL C2)
- Able to work in a small team
- Knowledge of desk research techniques
- Demonstrated research experience including working to strict deadlines
- Experience in academic/professional writing and ability to understand and explain complex financial concepts
- Excellent communication skills and numeracy
- Work autonomously and pro-actively
- Able to cope under pressure and prioritise tasks
- Reliable and trustworthy
- Effective IT skills - confident in the use and application of information and systems
- Experience and/or interest in data analysis
Desirable
- Strong level of a non-English modern foreign language (at least CEFRL B2 level) We would particularly consider candidates who are proficient in a foreign language, especially Russian, German or Spanish
- Results orientated with excellent communication and interpersonal skills
- Experience in a financial services or operational risk environment
- Handle confidential material with highest discretion
Key competencies
- Planning and organising
- Effective communication
- Accuracy and attention to detail
What we offer in return
- Competitive salary
- Discretionary Bonus Scheme
- Flexible working to support a healthy work/life balance
- Eight per cent company contribution to pension
- Employee recognition scheme
- Support for training and development
- Twenty-five days holiday a year, increasing by one day for each year of service to a maximum of 28 days
- Interest-free rail season ticket loan
- Life assurance
- Health cash plan
- Cycle to work scheme
- Perks at work scheme
- Employee assistance programme
- Holiday trading
- Sabbaticals and long service awards
- Summer and Xmas social events
- Inclusive and supportive working environment
What else do you need to know?
We are an equal opportunity employer. We create an environment where everyone has an equal chance to succeed, during our recruitment phase and through their career at ORX.
As we manage and have control of highly confidential data, the successful candidate will have to make specific commitments in this regard and will be subject to background checks.
To apply, please submit a CV and a covering letter. In the body of the cover letter please confirm your salary expectations.
Job Types: Full-time, Permanent
Benefits:
- Additional leave
- Company pension
- Cycle to work scheme
- Enhanced maternity leave
- Enhanced paternity leave
- Health & wellbeing programme
- Sabbatical
- Sick pay
- Work from home
Schedule:
- Monday to Friday
Work Location: Hybrid remote in Bath BA1 1RG
Application deadline: 07/07/2023
Reference ID: ORXNews23