External Risk Analyst

Requirements of the role

As an External Risk Analyst within the Strategy, Policy and Analysis (SPA) Directorate, you will play an important role in shaping how The Pensions Regulator (TPR) identifies, assesses, and responds to external risks that could impact the pensions landscape and the security of savers’ outcomes. This is a high-impact analytical role that sits at the intersection of regulatory insight, strategic foresight, and evidence-based decision-making.

This role sits within a newly created team established to support the development and delivery of TPR’s External Risk framework. The team has been formed to enhance the organisation’s ability to anticipate and respond to external developments – economic, political, regulatory, environmental, and technological – that could influence occupational pension schemes and the outcomes for millions of savers.

You will be part of a team that is responsible for maintaining and evolving TPR’s external risk framework, ensuring that it remains fit for purpose in a rapidly changing environment. This includes the collation and analysis of data from a wide range of sources, conducting horizon scanning to identify emerging risks, and producing high-quality risk assessments and reports that inform senior decision-makers across the organisation.

You will work closely with colleagues across the SPA directorate and wider TPR, including policy, intelligence, legal, and operational teams, to ensure that risk insights are embedded into regulatory strategy and practice.

This role requires a strong analytical mindset, excellent communication skills, and the ability to work collaboratively across disciplines. You will be expected to bring a structured, evidence-based approach to complex problems, and to provide clear, actionable insights that support TPR’s strategic objectives and regulatory responsibilities.

There are experienced senior analysts in the team that will be able to support you to develop in your skills and career.

Responsibilities
In this role, you will be expected to deliver key elements of TPR’s external risk management process, ensuring that risks are identified, assessed, and communicated in a timely and effective manner. You will contribute to the development and maintenance of the external risk register, support the design and implementation of risk assessment methodologies, and provide analytical challenge to proposed mitigations.

You will also play a key role in horizon scanning and the identification of emerging risks, working with colleagues across the organisation to ensure that TPR remains alert to changes in the external environment that could affect the pensions sector. This will involve synthesising information from a wide range of sources, including economic, political, regulatory, environmental, and technological developments, and translating this into meaningful insights for internal and external stakeholders.

Your work will directly inform strategic decision-making, including the Executive team and the Board. As such, you will be expected to produce high-quality written outputs, including risk briefings, reports, and presentations, and to communicate complex information in a clear and accessible way.

Undertake the collation, assessment, and reporting of external risks affecting the pensions industry.
Maintain and enhance the external risk framework, register, and reporting processes.
Conduct horizon scanning and identify emerging risks across economic, political, regulatory, and market domains.
Provide analytical support and challenge to risk mitigations proposed across TPR.
Produce high-quality risk assessments and reports for senior leadership and the Board, with the support of other colleagues.
Collaborate with internal stakeholders to ensure risk data is accurate, timely, and actionable.
Support ad-hoc risk data requests and ensure compliance with professional standards.

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