Operational Risk Manager, Business Risk

NatWest Group; Greater London; On-site; GBP 55,000 - 85,000; Full time

Job summary

NatWest Group in London is seeking an Operational Risk Manager within Commercial & Institutional Business Risk. You will act as the subject matter expert for several operational risks and provide specialist risk management support across RCSAs, issue management and governance activities.

You will identify emerging risks, analyze trends and drive continuous improvement by collaborating with Business Risk Partners and stakeholders across the franchise, helping strengthen the control environment.

Qualifications

• Experience in Operational Risk within Commercial Banking.
• Familiarity with enterprise-wide risk frameworks and EWRMF.
• Experience across Product, Transformation, Operations or Payments.
• Ability to manage multiple priorities and stakeholders.

Responsibilities

• Provide SME risk management across RCSAs, issue management and governance.
• Strengthen control environments and risk management across the franchise.
• Identify emerging risks and drive continuous improvement with partners.
• Coordinate monthly Operational Risk Appetite reporting and trend analysis.
• Maintain Risk Appetite Statements and implement EWRMF changes.
• Support environmental and business change activities across C&I Banking.
• Support projects, attestations, working groups and governance initiatives.

Skills

Operational risk management

Stakeholder management

Analytical thinking

Communication skills

Risk reporting

Tools

RCSA tools

Governance tools

Job description

Join us in Commercial & Institutional Business Risk as an Operational Risk Manager

• You'll act as the subject matter expert for several Operational Risks, helping drive effective risk management across Commercial & Institutional
• We’ll look to you to use insight and analysis to identify risk trends, emerging themes and opportunities for improvement, supporting better business outcomes
• Broaden your risk management experience across a diverse range of operational risk themes and business activities as you step into this important role

What you’ll do

As our Operational Risk Manager, you’ll provide specialist risk management support to Business Risk Partners across Risk and Control Self-Assessments (RCSAs), issue management and wider risk oversight activities. You’ll help strengthen the control environment and support effective risk management across the franchise. Working closely with Business Risk Partners and stakeholders across the business, you'll help identify emerging risks, support risk assessments and drive continuous improvement.

You’ll be:

• Managing operational risk exposure, coordinating monthly Operational Risk Appetite reporting and analysing trends to identify themes and improvement opportunities
• Working with business teams and stakeholders to maintain Risk Appetite Statements and implement changes arising from the groups Enterprise-Wide Risk Management Framework (EWRMF)
• Supporting environmental and business change activities, recommending updates where impacts span multiple RCSAs across C&I Ring Fenced Bank
• Analysing emerging themes across Operational Risk areas and providing insight to support risk management decisions
• Supporting franchise-wide projects and initiatives linked to Risks, including attestations, working groups and governance activities

The skills you'll need

Our bank is committed to building a strong and proactive risk culture. To thrive in this role, you’ll bring experience in both Operational Risk and Commercial Banking. You’ll have a strong understanding of the enterprise wide frameworks, with experience applying risk management principles in practice. You’ll also have experience in Product, Transformation, Operations or Payments.

You’ll demonstrate:

• Strong organisational skills, with the ability to manage competing priorities and adapt to quickly changing demands
• The ability to influence stakeholders, simplify complex issues and build effective working relationships across the business
• Strong written and verbal communication skills across a range of audiences
• A proactive approach, with the ability to identify issues and drive improvements