IP&S Controls Testing & Assurance Manager

NatWest Group; Bristol; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading banking institution is looking for an IP&S Controls Testing & Assurance Manager in Bristol. This role focuses on the delivery of key controls testing and completing thematic reviews. Candidates should have experience in banking, knowledge of financial products, and hold a Level 4 investment qualification. Excellent attention to detail and communication skills are essential. This position offers an opportunity to enhance skills and visibility within the organization.

Qualifications

• Experience in banking or wealth management environments is essential.
• In-depth knowledge of regulatory rules and operational risk principles required.
• Level 4 investment qualification needed for advice on securities, derivatives, and retail investment products.

Responsibilities

• Ensure timely completion of risk issues and action plans.
• Undertake thematic reviews on MiFID II topics.
• Identify weaknesses in existing processes and maintain audit trails.

Skills

Experience in banking or wealth management

Understanding of financial products

Knowledge of regulatory rules

Attention to detail

Good communication skills

Ability to meet deadlines

Education

Level 4 investment qualification

Job description

Join us as an IP&S Controls Testing & Assurance Manager

• In this role, you’ll support and be responsible for the delivery of the regular testing of key controls and files, and the completion of targeted and thematic control reviews for the Investments Products & Solutions franchise within Wealth.
• Working closely with the relevant business areas and other business controls teams, you’ll make sure that findings from reviews are escalated and robust action plans are agreed and driven forward with key stakeholders
• This highly collaborative role provides an opportunity to develop your skillset and raise your profile across the bank

What you'll do

We’ll look to you to ensure the timely completion of all appropriate risk issues, including driving forward appropriate action plans to close down or mitigate operational risks, and drive clear improvements and enhancements to the testing approach. Accuracy will be key as you develop, maintain and complete key controls testing, thematic and targeted control reviews within agreed timescales and methodologies.

On top of this, you’ll be:

• Responsible for undertaking thematic reviews on MiFID II topics within IP&S
• Devising and undertaking first line of defence tests and reviews in accordance with agreed procedures
• Identifying weaknesses and gaps in existing credit, operational and regulatory processes, policies and procedures
• Maintaining a full audit trail and records to support review conclusions, stored in accordance with the organisation’s records management policy
• Making sure that testing activity in the business has minimal impact on the teams involved

The skills you'll need

To be successful in this role, you’ll need experience of working in a banking or wealth management environment and will demonstrate a good understanding of financial products as well as an in-depth knowledge of the regulatory rules and guidance, operational, credit and market risk principles and processes which govern the investment business

We’ll also expect you to have a level 4 investment qualification, covering the advice areas of securities, derivatives and retail investment products, such as an Investment Advice diploma

You’ll also bring:

• Excellent accuracy and attention to detail
• The ability to meet demanding deadlines
• Good communication and interpersonal skills
• The ability to work well as a team and on own initiative
• A track record and experience of working in continuous improvement environments