Operational Risk Lead, Business Risk

NatWest Group; Manchester; On-site; GBP 65,000 - 95,000; Full time

Job summary

NatWest Group is seeking an Operational Risk Lead within C&I Business Risk in Manchester to provide expert oversight across risk themes. You will drive risk identification, monitoring and mitigation, focusing on information security, technology, resilience and third-party risk to support business objectives.

You will develop risk insights, collaborate with stakeholders, and ensure compliance with risk frameworks and regulatory requirements while promoting continuous improvement.

Qualifications

• Significant experience in Operational Risk across financial services.
• Proven ability to identify, monitor and mitigate key risks.
• Strong capability to influence stakeholders and simplify complex issues.

Responsibilities

• Lead application of the Operational Risk Appetite framework for C&I RFB.
• Identify trends and emerging themes; recommend risk actions.
• Produce monthly Risk Appetite Statements and report risk trends.

Skills

Operational Risk

Information Security

Technology

Third-Party risk

Operational Resilience

Risk management frameworks

Job description

Join us in C&I Business Risk as an Operational Risk Lead

• You’ll provide specialist Operational Risk expertise across Commercial & Institutional (C&I) RFB Non-Personal products and services, making sure key risks are identified, monitored and managed effectively

• With a focus on Information Security, Technology, Operational Resilience and Third-Party risk, you’ll understand how these risks are connected and materialise across the franchise
• Build valuable experience across a diverse range of operational risk themes, helping shape how the franchise responds to an evolving risk landscape

What you’ll do

As our Operational Risk Lead, you’ll provide expert oversight and insight across Operational Risk within C&I RFB, helping strengthen risk management practices and support the delivery of business objectives. You'll drive awareness of operational risk across the franchise, helping identify priorities and implement effective mitigation strategies. Working closely with stakeholders across the business, you'll help secure compliance with internal policies, regulatory requirements and risk management frameworks.

Your work will focus on:

• Owning the application of the Operational Risk Appetite Statement framework across C&I RFB, driving consistency, simplification and continuous improvement
• Identifying trends and emerging themes through operational risk, conducting thematic reviews and recommending actions that strengthen controls and risk management
• Producing the monthly Level 1/2 Operational Risk Appetite Statements, providing insight into risk trends, emerging issues and areas requiring attention

The skills you'll need

To thrive in this role, you’ll bring significant experience in Operational Risk, with expertise in at least two of the following areas: Information Security, Technology, Third Party and Operational Resilience. You’ll have a strong understanding of the Enterprise-Wide Risk Management Framework, alongside knowledge of Commercial Banking and Technology environments.

You’ll also need:

• A proven track record of optimising risk frameworks and processes to drive simplification and improve effectiveness
• The ability to influence stakeholders, simplify complex issues and build relationships across a wide range of audiences
• The adaptability to reprioritise quickly and respond effectively to emerging risks changing business demands
• Strong written and verbal communication skills, with the ability to present risk insights clearly and confidently
• A proactive and curious mindset, with experience driving simplification, continuous improvement and positive change