At a Glance
- Tasks: Help prevent risks and support effective risk management across NatWest Boxed and Mettle.
- Company: Join a leading financial services organisation focused on innovation and personal development.
- Benefits: Competitive salary, career growth opportunities, and a supportive work environment.
- Other info: Collaborative culture with opportunities to raise your profile and develop professionally.
- Why this job: Make a real impact by managing risks and enhancing business operations.
- Qualifications: Experience in risk management and strong communication skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
Join us as a Risk & Controls Associate. If you’re looking for a new challenge, where you can play a key role in preventing potential risks to our customers, this could be the ideal role for you. You’ll work in partnership with the first line of defence and businesses in applying effective risk management, and anticipating and assessing the potential impacts of risk across NatWest Boxed and Mettle. By liaising closely with a range of stakeholders, you’ll have an opportunity to raise your profile across NatWest Boxed and Mettle, as well as a strong focus on personal development.
What you'll do:
- You’ll play a key role in delivering risk management initiatives that support the effective application of the enterprise wide risk management framework and conduct risk obligations, with an opportunity to improve the understanding and effective management of risk across NatWest Boxed and Mettle.
- We’ll look to you to support the business in managing the risks which exist, making sure mechanisms are in place to identify, report, manage and mitigate risk within a defined risk appetite, working in conjunction with the second line of defence.
- Facilitating risk reporting and supporting the interrogation and analysis of relevant management information, including key risk indicators, supporting effective risk management on the part of your stakeholders.
- Developing guidance notes and training material to upskill and educate the business.
- Owning the enterprise wide risk management framework and risk processes including events, triggers and actions.
- Supporting management in facilitating regular stakeholder meetings and key forums through preparing and issuing of supporting paperwork and assessing regulatory impacts.
- Evaluating the adequacy and effectiveness of controls to identify any potential risks to the business.
- Controlling key risk processes including events, triggers and actions management.
- Building and maintaining trusted working partnerships to inform and gather intelligence on emerging and future risks and controls.
The skills you'll need:
- To be successful in this role, you’ll demonstrate knowledge of how a large financial services organisation operates and bring experience of working in a first or second line of defence risk role.
- A clear track record of achievement and delivery.
- Knowledge of risk and control assessments and scenario analysis methodologies.
- Knowledge of operational risk management.
- Excellent communication skills both written and verbal and the ability to influence at all levels.
Risk & Controls Associate employer: NatWest Group
Coutts & Co is an exceptional employer, offering a unique opportunity to join a leading Private Banking and Wealth Management firm during a pivotal growth phase. With a collaborative work culture that prioritises professional development, employees are encouraged to influence strategic decisions while receiving support from senior leaders. The role of Managing Legal Counsel not only provides a platform for impactful legal work but also fosters an environment where innovation and efficiency are valued, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Risk & Controls Associate
✨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 Risk & Controls Associate
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.
