At a Glance
- Tasks: Lead model risk governance and develop policies for effective risk management.
- Company: Join a leading bank with a strong focus on risk management.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Why this job: Make a real impact in risk governance while growing your career.
- Qualifications: Experience in policy writing and risk management is essential.
- Other info: Dynamic role with opportunities to lead and innovate.
The predicted salary is between 36000 - 60000 £ per year.
This is an exciting opportunity to play a key part within our Risk function that supports model risk management across our bank. We’ll provide a great platform for you to learn and develop as part of the Model Risk Governance team. You’ll focus on leading the development, maintenance and implementation of model risk policy and procedures across the Group.
As a Model Risk Governance Manager, you’ll lead the management and continuous improvement of model risk governance across the organisation. You’ll establish and maintain policy, standards and procedures for model risk management which are aligned to internal and external requirements.
- Delivering effective communication of policy requirements and compliance levels across the organisation.
- Implementing policy changes that meet the needs of internal stakeholders and aligning them to the enterprise-wide risk management framework and regulatory requirements.
- Ensuring the design and functionality of the model inventory system meets internal and external expectations.
- Developing and delivering educational materials and training on model risk management.
- Providing effective leadership to team members.
The skills you’ll need:
- Experience in developing, maintaining, and administering policies and procedures or risk system management or risk reporting delivery.
- Experience in policy writing, risk management and exposure in model risk.
- The ability to effectively manage multiple priorities in a fast-paced and time-sensitive environment.
- To be a good communicator, both written and verbal, with the ability to confidently present complex issues in a user-friendly, clear, and concise format to all levels of audience.
- Good attention to detail, thoroughness, and follow-through.
- Be a self-starter with the ability to prioritise, anticipate needs and adapt to changing priorities.
Model Risk Governance Manager, Framework Lead in Manchester employer: NatWest Group
Contact Detail:
NatWest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Model Risk Governance Manager, Framework Lead in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its model risk governance practices. Tailor your answers to show how your experience aligns with their needs. We want to see that you’re not just a fit for the role, but also for the culture!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or use online platforms. This will help you articulate your thoughts clearly and confidently, especially when discussing complex issues related to model risk management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Model Risk Governance Manager, Framework Lead in Manchester
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in model risk governance. We want to see how your skills align with the job description, so don’t hold back on showcasing relevant achievements!
Showcase Your Communication Skills: Since effective communication is key for this role, use your written application to demonstrate your ability to present complex information clearly. We love seeing candidates who can convey their thoughts in a user-friendly manner.
Highlight Your Leadership Experience: As a Model Risk Governance Manager, you’ll be leading a team. Make sure to include examples of your leadership experience in your application. We’re looking for self-starters who can inspire and guide others!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. Don’t miss out!
How to prepare for a job interview at NatWest Group
✨Know Your Policies Inside Out
Make sure you’re well-versed in model risk policies and procedures. Familiarise yourself with both internal and external requirements, as this will show your potential employer that you’re serious about the role and understand the importance of compliance.
✨Prepare for Scenario Questions
Expect to be asked how you would handle specific situations related to model risk governance. Think of examples from your past experience where you successfully implemented policy changes or managed risk reporting. This will demonstrate your practical knowledge and problem-solving skills.
✨Showcase Your Communication Skills
Since effective communication is key in this role, practice explaining complex concepts in a simple way. You might be asked to present a model risk issue during the interview, so being clear and concise will help you stand out.
✨Demonstrate Leadership Qualities
As a Model Risk Governance Manager, you’ll need to lead a team. Be ready to discuss your leadership style and provide examples of how you’ve motivated and guided team members in the past. This will highlight your ability to manage multiple priorities and adapt to changing needs.