At a Glance
- Tasks: Lead risk oversight and drive improvements in risk management across NatWest Markets.
- Company: Join a leading financial institution with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with senior stakeholders and drive continuous improvement.
- Why this job: Make a real impact by shaping risk strategies in a high-visibility role.
- Qualifications: Experience in risk management within Investment Banking and strong communication skills.
The predicted salary is between 70000 - 90000 £ per year.
Join us as a Business Risk Lead, NatWest Markets and Corporate & Institutional Banking. You’ll lead the end-to-end oversight of risks across the franchise, raising the standard of risk discovery in business areas and driving stronger alignment across risk types. Championing rigorous risk identification and evaluation through the RCSA process, you’ll make sure every assessment is delivered on cycle, to methodology, and to the highest standard. You will also lead on Financial Risks from a 1LOD standpoint across C&I. This is a highly visible role where you’ll partner with the business on growth initiatives as you provide risks insight and embed the right controls. You’ll be required to work from the office at least two days per week.
What you’ll do:
- In this leadership position, you’ll direct and coach a team of Business Risk Partners to support the C&I business, driving the continuous development of people and processes.
- You’ll guide your team to operate within risk appetite so they can contribute to business Risk Committees effectively.
- As an expert in creating a proactive risk management and generative risk culture, you’ll develop risk and control capability across both the Governance and Frameworks team and the wider function.
- We’ll look to you to make sure the business has strong processes, procedures, controls, training materials and evidential standards, supporting full compliance with its legal and regulatory obligations across multiple jurisdictions.
- You’ll also play a critical role in supporting the leadership team with the interface between the business, Internal Audit, second line of defence and other key functions.
- Leading your team to identify and drive continuous improvements across risk and control practices, simplifying processes for both colleagues and customers.
- Driving the transformation of capability across the Business Risk function to ensure the team is proactive risk managers.
- Supporting the interpretation and implementation of regulations and policy, delivering integrated control solutions that address operational, regulatory and conduct risk requirements and customer conduct outcomes.
- Overseeing events and incidents end-to-end, securing timely remediation and embedding lessons learned.
- Enabling strong, productive, business stakeholder relationships to ensure the timely, effective and efficient delivery of all issues, projects and initiatives.
- Collaborating across the franchise to facilitate joined up conversations and opportunities to problem solve collectively.
The skills you’ll need:
- To thrive in this role, you’ll bring deep experience and expertise in identifying and managing risk within Investment Banking.
- You’ll have an excellent understanding of the risks within your aligned business area, including product knowledge, and a clear view of what “good” looks like in the design and operation of effective controls.
- As our Business Risk Lead, you’ll also need the confidence and credibility to influence across ExCo-level stakeholders across all three lines of defence.
- An innovative mindset, contributing to the design and implementation of data testing and semi‑continuous or continuous assessment approaches.
- The ability to challenge the status quo, identify where activities can stop, and experiment with new approaches to deliver better insight and greater efficiency.
- Excellent communication skills, using compelling narratives to articulate risks clearly across the risk landscape.
Business Risk Lead, NatWest Markets and Corporate & Institutional Banking employer: NatWest Group
At NatWest, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Business Risk Lead, you'll benefit from extensive professional development opportunities while working in a supportive environment that values your contributions to risk management. With a commitment to employee well-being and a focus on driving meaningful change within the financial sector, NatWest provides a rewarding career path in the heart of the corporate banking landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Business Risk Lead, NatWest Markets and Corporate & Institutional Banking
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those at NatWest. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by understanding the business risk landscape. Brush up on current trends and challenges in Investment Banking to show you’re not just a candidate, but a knowledgeable partner.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've led teams or projects in the past, especially around risk management. We want to see how you can drive improvements and foster a proactive culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re serious about joining the team.
We think you need these skills to ace Business Risk Lead, NatWest Markets and Corporate & Institutional Banking
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Risk Lead role. Highlight your experience in risk management, especially within Investment Banking, and showcase how you've driven improvements in risk practices. We want to see how you align with the job description!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for this role. Share specific examples of how you've led teams and managed risks effectively. Remember, we love a good story that shows your impact!
Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects that. Use clear and concise language, and structure your documents well. We want to see how you can articulate complex risks in a compelling way!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us and what we do!
How to prepare for a job interview at NatWest Group
✨Know Your Risk Landscape
Before the interview, dive deep into the specific risks associated with Investment Banking and NatWest's operations. Familiarise yourself with their recent initiatives and challenges in risk management. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership style and how you've successfully guided teams in risk identification and management. Be ready to discuss how you’ve driven continuous improvements and fostered a proactive risk culture in previous roles.
✨Communicate Clearly and Confidently
Practice articulating complex risk concepts in a straightforward manner. Use compelling narratives to explain your thought process and decision-making. This will demonstrate your ability to communicate effectively with ExCo-level stakeholders.
✨Prepare for Scenario-Based Questions
Anticipate questions that may require you to solve hypothetical risk scenarios. Think about how you would approach identifying risks, implementing controls, and ensuring compliance. This will showcase your problem-solving skills and innovative mindset.
