Senior Risk Oversight Manager, Banking & Lending (Wealth)
Senior Risk Oversight Manager, Banking & Lending (Wealth)

Senior Risk Oversight Manager, Banking & Lending (Wealth)

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
N

At a Glance

  • Tasks: Lead risk oversight for Wealth Banking & Lending, ensuring compliance and effective risk management.
  • Company: Join NatWest, a leading British banking group focused on innovation and customer service.
  • Benefits: Enjoy hybrid working, personal development opportunities, and a dynamic work environment.
  • Why this job: Make impactful decisions in a fast-paced role that fosters growth and collaboration.
  • Qualifications: Experience in financial services, particularly in compliance and operational risk is preferred.
  • Other info: This role offers a unique chance to influence banking strategies and engage with senior stakeholders.

The predicted salary is between 43200 - 72000 £ per year.

Join us in this high profile role supporting the Wealth businesses within Natwest, where you'll be empowered to make decisions on day-to-day matters and escalate to senior management where appropriate. You'll have an opportunity to develop and deploy a holistic risk skill set related to banking and lending in a private banking context, while acting as the primary interface to the business, across all risk disciplines. This is a fast paced and varied role which will provide an excellent platform for progression as well as a continuing focus on your own personal development.

What you’ll do

As a Senior Risk Oversight Manager, you will act as the primary interface with the Wealth business, partnering with Banking and Lending stakeholders to support intelligent risk taking and delivery of the bank’s purpose-led strategy, by providing timely, accurate and effective oversight in line with the bank’s risk mandate. You’ll review and challenge risk-taking activities of the business, working with business teams and attending respective committees and governance.

  • Supporting product and distribution teams in meeting regulatory requirements and managing risk by working with external regulators and internal policy owners across the bank.
  • Consulting with and informing Wealth team management to design and deploy innovative pan risk strategies that are relevant to the Wealth Banking and Lending business area.
  • Making sure the business undertakes regular business reviews of material risk and adherence to policy standards.
  • Detecting and challenging inadequate or ineffective controls to mitigate risks.
  • Providing regulatory advice and operational risk oversight to business initiatives, change projects and strategies.

The skills you’ll need

You’ll bring a comprehensive understanding of the consumer financial services sector, specifically within a Private Banking context. You’ll also need a strong understanding of relevant conduct and regulatory compliance aspects across Banking and Lending. Experience in a compliance and conduct environment would be preferable. On top of this, you’ll demonstrate:

  • A strong understanding of the operational risk aspects of a financial services banking environment.
  • The ability to work collaboratively with and influence stakeholders including executive level.
  • Strategic thinking and the ability to simplify complex and conflicting tasks and policy positions, making sure these are effectively managed and communicated.

Hours: 35

Job Posting Closing Date: 27/06/2025

Ways of Working: Hybrid

Senior Risk Oversight Manager, Banking & Lending (Wealth) employer: NatWest Group

At NatWest Group, we pride ourselves on fostering a dynamic and inclusive work environment that empowers our employees to thrive. As a Senior Risk Oversight Manager in the heart of Edinburgh, you'll benefit from a strong focus on personal development and career progression, alongside a collaborative culture that values innovative thinking and strategic risk management. With a commitment to supporting your growth within the banking and lending sector, we offer a unique opportunity to make a meaningful impact while enjoying the advantages of a hybrid working model.
N

Contact Detail:

NatWest Group Recruiting Team

accessibility@talentify.io

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Oversight Manager, Banking & Lending (Wealth)

✨Tip Number 1

Familiarise yourself with the latest regulatory requirements and compliance standards in the banking and lending sector. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a fast-paced environment.

✨Tip Number 2

Network with professionals in the private banking sector, especially those involved in risk management. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed risk in previous roles. Highlighting your strategic thinking and ability to influence stakeholders will set you apart from other candidates.

✨Tip Number 4

Research NatWest's current initiatives and challenges in the Wealth Banking and Lending space. Tailoring your discussions around their specific needs will show that you're proactive and genuinely interested in contributing to their success.

We think you need these skills to ace Senior Risk Oversight Manager, Banking & Lending (Wealth)

Comprehensive understanding of consumer financial services
Knowledge of Private Banking context
Strong understanding of conduct and regulatory compliance
Experience in a compliance and conduct environment
Operational risk management skills
Ability to work collaboratively with stakeholders
Influencing skills at executive level
Strategic thinking
Ability to simplify complex tasks and policy positions
Effective communication skills
Risk assessment and oversight capabilities
Experience in regulatory advice
Problem-solving skills
Attention to detail

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Risk Oversight Manager position. Tailor your application to highlight how your skills and experiences align with the specific needs of the Wealth businesses within Natwest.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in the consumer financial services sector, particularly within Private Banking. Mention any relevant compliance and regulatory knowledge that showcases your ability to manage risk effectively.

Showcase Strategic Thinking: Demonstrate your strategic thinking abilities in your application. Provide examples of how you've simplified complex tasks or policies in previous roles, and how this skill can benefit the Wealth Banking and Lending business area.

Tailor Your Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Make sure to mention your understanding of operational risk aspects and your ability to collaborate with stakeholders at all levels.

How to prepare for a job interview at NatWest Group

✨Understand the Role Thoroughly

Before the interview, make sure you have a solid grasp of what a Senior Risk Oversight Manager does, especially in the context of Banking and Lending. Familiarise yourself with the specific responsibilities mentioned in the job description, such as risk oversight and regulatory compliance.

✨Showcase Your Regulatory Knowledge

Given the importance of regulatory compliance in this role, be prepared to discuss your understanding of relevant regulations and how they apply to the Wealth sector. Highlight any previous experience you have in compliance and conduct environments.

✨Demonstrate Strategic Thinking

The ability to simplify complex tasks and communicate effectively is crucial. Prepare examples from your past experiences where you successfully navigated complex situations or policies, showcasing your strategic thinking and problem-solving skills.

✨Prepare for Stakeholder Engagement Scenarios

As this role involves working closely with various stakeholders, think of instances where you've influenced or collaborated with senior management or cross-functional teams. Be ready to discuss how you can build relationships and drive intelligent risk-taking within the business.

Senior Risk Oversight Manager, Banking & Lending (Wealth)
NatWest Group
N
  • Senior Risk Oversight Manager, Banking & Lending (Wealth)

    London
    Full-Time
    43200 - 72000 £ / year (est.)

    Application deadline: 2027-07-11

  • N

    NatWest Group

Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>