AI Risk & Governance Manager

NatWest Group; City Of London; Hybrid; GBP 80,000 - 110,000; Full time

Job summary

NatWest Group is seeking an AI Risk & Governance Manager to lead risk and governance across Private Banking & Wealth Management, helping ensure responsible AI use and regulatory compliance.

This role blends policy development, risk assessments, and education for stakeholders, with a hybrid working pattern (home and in-office), 35 hours per week. Closing date: 25 November 2026. You will collaborate across teams to implement AI risk controls and reporting.

Qualifications

• Technical knowledge of AI and AI risks.
• Desirable risk management experience, esp. Model Risk.
• Strong stakeholder engagement and ability to explain risks.

Responsibilities

• Manage AI and model risk, support policy compliance and governance.
• Develop and implement PBWM AI Risk framework and governance model.
• Provide AI risk guidance across PBWM for new use cases.
• Deliver governance reporting to Model Risk Management Forum and committees.
• Strengthen first-line risk capabilities and regulatory readiness.
• Create educational materials and training on AI risk.
• Support identification and governance of AI models per standards.
• Operate AI and Model Risk control environment with risk assessments.

Skills

AI knowledge

Risk management

Stakeholder engagement

Policy & governance

Analytical thinking

Job description

Join us as an AI Risk & Governance Manager

• This is your opportunity to make a tangible impact on our business and deliver meaningful value for our customers
• You'll be helping to improve our ongoing management of AI and model risk in Private Banking & Wealth Management (PBWM)
• This is your chance to showcase your expertise by supporting our people in taking responsibility for understanding, investigating, and managing AI risk for our customers, colleagues and for the bank
• You'll work from home some of the time, but you'll also spend at least two days a week working in the office

What you'll do

As an AI Risk and Governance Manager, you'll provide key support in managing AI and model risk, supporting policy and regulatory compliance, and implementing frameworks across PBWM. You'll support adherence to the AI and model risk frameworks, supporting business stakeholders to meet their responsibilities while also helping to upskill and educate the broader business.

Additionally, you'll support the implementation and ongoing development of the PBWM AI Risk framework and governance model, to ensure that PBWM's needs are fully met. This will include supporting AI risk management activities across PBWM, including colleague-developed AI, emerging use cases and associated risk and control considerations.

Through these responsibilities, you'll play a critical role in strengthening first-line risk capabilities and making sure that the bank operates in alignment with required standards and expectations.

You’ll also be:

• Supporting the AI and Model community on queries relating to policies and procedures across AI and Model risk
• Delivering AI and Model Risk governance reporting to Model Risk Management Forum and other committees
• Supporting delivery against the Group's AIRCOP programme
• Developing and delivering educational materials, training, guidance and awareness activities on AI and Model Risk management to strengthen first-line capability
• Supporting the identification, assessment and governance of AI models in line with relevant policies and standards
• Supporting the effective operation of the AI and Model Risk control environment, including risk assessments, control monitoring and regulatory readiness

The skills you’ll need

To make an impact in your role, you’ll need technical knowledge of AI and a good understanding of the risks that arise from the use and development of AI-based applications. Risk management experience is desirable, particularly in Model Risk and working with Enterprise Wide Risk Management Framework. You should also bring excellent stakeholder engagement skills, as these will be essential in navigating complex requirements and working effectively across teams.

You should be able to apply your technical AI knowledge to support the assessment of AI use cases and models, explain associated risks clearly, and help business stakeholders apply relevant policies, standards and controls.

We'll also expect you to demonstrate:

• A proven ability to effectively manage multiple priorities in a fast-paced, time-sensitive environment
• An affinity for absorbing complex information and implementing solutions that are simple, transparent, auditable, and fair
• The ability to influence others while maintaining collaborative relationships with stakeholders\
• A results-focused approach to your work

Hours 35

Job Posting Closing Date: 25/11/2026

Ways of Working:Hybrid