Senior Risk Oversight Manager, Banking & Lending (Wealth)

NatWest Group; City of Edinburgh; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading banking institution is looking for a Senior Risk Oversight Manager in Edinburgh to oversee risk strategies in the Wealth business. This role involves collaborating with Banking and Lending stakeholders to ensure compliance, support innovative risk strategies, and provide oversight of regulatory activities. The ideal candidate will have a strong understanding of the financial services sector and regulatory compliance, and experience in a compliance environment is preferred. This position offers hybrid working arrangements.

Qualifications

• Comprehensive understanding of the consumer financial services sector.
• Strong understanding of conduct and regulatory compliance.
• Experience in a compliance environment preferred.

Responsibilities

• Act as the primary interface with the Wealth business.
• Support product teams in meeting regulatory requirements.
• Consult to design and deploy innovative risk strategies.
• Ensure regular business reviews of material risks are conducted.
• Provide regulatory advice and operational risk oversight.

Skills

Understanding of consumer financial services

Knowledge of conduct and regulatory compliance

Experience in a compliance environment

Influencing stakeholders

Strategic thinking

Job description

Overview

Join us as a Senior Risk Oversight Manager, Banking & Lending

• In this high profile role supporting the Wealth businesses within Natwest, you'll be empowered to make decisions on day-to-day matters and escalate to senior management where appropriate
• You'll have an opportunity to develop and deploy a holistic risk skill set related to banking and lending in a private banking context, while acting as the primary interface to the business, across all risk disciplines
• This is a fast paced and varied role which will provide an excellent platform for progression as well as a continuing focus on your own personal development

What you\'ll do

As a Senior Risk Oversight Manager you will act as the primary interface with the Wealth business, partnering with Banking and Lending stakeholders to support intelligent risk taking and delivery of the bank’s purpose-led strategy, by providing timely, accurate and effective oversight in line with the bank’s risk mandate.

You’ll review and challenge risk-taking activities of the business, working with business teams and attending respective committees and governance fora.

Other key responsibilities will be:

• Supporting product and distribution teams in meeting regulatory requirements and managing risk by working with external regulators and internal policy owners across the bank.
• Consulting with and informing Wealth team management to design and deploy innovative pan risk strategies that are relevant to the Wealth Banking and Lending business area
• Making sure the business undertakes regular business reviews of material risk and adherence to policy standards
• Detecting and challenging inadequate or ineffective controls to mitigate risks
• Providing regulatory advice and operational risk oversight to business initiatives, change projects and strategies

The skills you\'ll need

You\'ll bring a comprehensive understanding of consumer financial services sector, preferably within a Private Banking context.

You\'ll also need a strong understanding of relevant conduct and regulatory compliance aspects across Banking and Lending.

Experience in a compliance and conduct environment would be preferable.

On top of this, you\'ll demonstrate:

• A strong understanding of the operational risk aspects of a financial services banking environment
• The ability to work collaboratively with and influence stakeholders including executive level
• Strategic thinking and the ability to simplify complex and conflicting tasks and policy positions, making sure these are effectively managed and communicated

Hours

35

Job Posting Closing Date: 11/09/2025

Ways of Working: Hybrid