At a Glance
- Tasks: Manage operational risks and support effective risk management across Commercial & Institutional.
- Company: Join a leading bank committed to proactive risk culture.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and enhance your risk management expertise.
- Why this job: Make a real impact by identifying risks and driving improvements in a dynamic environment.
- Qualifications: Experience in Operational Risk and strong communication skills required.
The predicted salary is between 72000 - 88000 £ per year.
Join us in C&I Business Risk as an Operational Risk Manager. You’ll act as the subject matter expert for Level 2 and Level 3 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:
- Provide specialist risk management support to Business Risk Partners across Risk and Control Self-Assessments (RCSAs), issue management and wider risk oversight activities.
- Help strengthen the control environment and support effective risk management across the franchise.
- Work closely with Business Risk Partners and stakeholders across the business to identify emerging risks, support risk assessments and drive continuous improvement.
- Manage operational risk exposure, coordinating monthly Level 2 Operational Risk Appetite reporting and analysing trends to identify themes and improvement opportunities.
- Work with business teams and stakeholders to maintain Risk Appetite Statements and implement changes arising from the Enterprise-Wide Risk Management Framework (EWRMF).
- Support environmental and business change activities, recommending updates where impacts span multiple RCSAs across C&I RFB.
- Analyse emerging themes across Level 2 and Level 3 Operational Risk areas and provide insight to support risk management decisions.
- Support franchise-wide projects and initiatives linked to Level 2 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 bank’s EWRMF framework, with experience applying risk management principles in practice. You’ll also need experience in Product & Transformation or Operations & 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.
Hours: 35
Job Posting Closing Date: 21/09/2026
Ways of Working: Hybrid
Operational Risk Manager, Business Risk in Birmingham employer: NatWest Group
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StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager, Business Risk in Birmingham
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NatWest Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Operational Risk Manager, Business Risk in Birmingham
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NatWest Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NatWest Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NatWest Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NatWest Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NatWest Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NatWest Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
