At a Glance
- Tasks: Support and develop risk and control mechanisms for the business while ensuring compliance.
- Company: Join a leading bank with a focus on innovation and risk management.
- Benefits: Flexible remote work, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to work on innovative banking products.
- Why this job: Make a real impact by shaping the bank's risk profile and compliance strategies.
- Qualifications: Experience in compliance or risk management and strong problem-solving skills required.
The predicted salary is between 58500 - 71500 £ per year.
Join us as a Senior Risk & Controls Associate. We'll look to you to support, develop and embed the risk and control mechanisms for the business, independently overseeing and challenging the effective management of risks and controls.
Supporting the design, implementation and ongoing delivery of our risk framework and processes, you’ll work with stakeholders to drive compliance with key regulatory and policy requirements, and provide risk and control advice. Broaden your regulatory knowledge and understanding and develop in a strategic, proactive role which supports the management of the bank's risk profile.
What you'll do:
- Act as a subject matter expert and help to develop, manage and implement our compliance and conduct policies for our products and services.
- Partner with business stakeholders in Product or Operations and other functional areas to design and implement innovative solutions (e.g. new products or services) which meet the needs of the business whilst ensuring we remain within stated risk appetite.
- Provide guidance and support in relation to risk and control management, ensuring regulatory obligations and internal governance requirements are met.
- Ensure appropriate and intended customer and conduct outcomes are being delivered through processes and controls by working with Operations, Product and Technology teams.
- Support the design, implementation and ongoing application of a risk-based controls framework, driving evolution of processes and key risk indicators.
- Manage regulatory risk, including the identification, interpretation and implementation of regulatory requirements.
- Risk partner to support resolution of ad-hoc events and incidents which expose the business to unanticipated risk.
- Partner with a product or functional team to support development of compliant and controlled products, features, and services.
- Act as an interface with wider NatWest stakeholders including senior risk colleagues in the design and implementation of risk-driven priorities, policies, and processes.
- Develop and embed key Risk MI, including maintaining an up-to-date RAID log and escalating issues to Risk & Controls Lead and/or Chief Risk Officer as appropriate.
The skills you'll need:
- Ability to risk partner Product and/or Operational teams to launch new products and/or services to the market.
- Experience in a compliance, conduct or risk management role or similar relevant experience.
- Knowledge of the regulatory environment and its frameworks, and ideally experience of interpreting regulatory rules and regulations.
- Experience working in a fast-paced, agile environment.
- Proven strong ability to problem solve with product and functional teams to deliver innovative compliant solutions.
- Ability to convey complex information and ideas clearly to stakeholders and embed product policy, processes and controls that balance regulatory compliance and commerciality.
- Confidence to influence and challenge senior risk stakeholders in the interpretation and implementation of internal policy and regulatory requirements.
- Experience of working in a customer experience and/or customer design-led thinking environment.
- Evidence of supporting the development of Lending and/or Savings products with external understanding of regulation applicable to either or both.
Hours: 35
Job Posting Closing Date: 23/09/2026
Ways of Working: Remote First
Location: Edinburgh; London
Type: Full time
Senior Risk and Controls Associate in London employer: NatWest Group
As a Principal Engineer in Economic Crime Services, you will thrive in a dynamic and innovative work culture that prioritises customer experience and engineering excellence. Our commitment to employee growth is evident through opportunities for senior stakeholder engagement and leadership development, all while working in a hybrid environment that promotes flexibility and collaboration. Join us to be part of a forward-thinking team dedicated to tackling economic crime with cutting-edge technology and solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk and Controls Associate in London
✨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 Senior Risk and Controls Associate in London
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.
