Risk and Control Analyst

NatWest Group; London; On-site; GBP 100,000 - 125,000; Full time

Job description

Join us as a Risk & Controls Analyst

• If you’re looking for a new challenge, where you can play a key role in preventing potential risks to our customers, this could be the ideal role for you
• You’ll work in partnership with the first line of defence and businesses in applying effective risk management, and anticipating and assessing the potential impacts of risk across the bank
• By liaising closely with a range of stakeholders, you’ll have an opportunity to raise your profile across the bank and focus on personal development

What you'll do

You’ll play a key role in delivering risk management initiatives that support the effective application of the operational risk framework and conduct risk obligations, with an opportunity to improve the understanding and effective management of risk across the bank.

We’ll look to you to support the business in managing the risks which exist, making sure mechanisms are in place to identify, report, manage and mitigate risk within a defined risk appetite, working in conjunction with the second line of defence. You’ll be a key part of a team ensuring NWM remains on the front foot by investigating external and strategic events, trends and data, and performing read across to identify parallels and escalate emerging risks in a timely manner.

Day-to-day, you’ll be:

• Developing and supporting the interrogation and analysis of relevant management information, supporting effective risk management on the part of your stakeholders
• Investigating the impact of external and strategic events on NWM and performing deep dive on risks and potential problems
• Performing targeted business-focused risk reviews to establish process, controls requirements and provide justification or challenge to our identification of inherent and residual risk
• Controlling resources that contribute to the development of guidance notes and training material and content, upskilling the broader first line of defence function and businesses
• Working in close partnership with first line of defence SMEs, functions and second line of defence oversight; achieving the right balance of assisting and challenging line management and colleagues to make sure risk is proactively managed
• Presenting summaries to stakeholders at all levels across NWM, ensuring senior management can be on the front foot in understanding potential risks

The skills you'll need

To be successful in this role, you’ll demonstrate knowledge of how a large financial services organisation operates and bring experience of working in a first or second line of defence risk role.

You’ll also bring:

• A clear track record of achievement and delivery
• Knowledge of risk assessment and scenario analysis methodologies
• Knowledge of operational risk management
• Excellent communication skills both written and verbal and the ability to influence at all levels