Risk Reporting Analyst

Risk Reporting Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse risk data and create insightful reports to support key business decisions.
  • Company: Join NatWest, a leading financial services provider with a focus on innovation.
  • Benefits: Flexible working options, competitive salary, and opportunities for professional growth.
  • Why this job: Make a real impact in risk management while developing your skills in a dynamic environment.
  • Qualifications: Experience in data analysis and understanding of risk management principles.
  • Other info: Collaborative team culture with excellent career advancement opportunities.

The predicted salary is between 36000 - 60000 £ per year.

Join us as a Business & Customer Controls Risk Reporting Manager. If you have a background in risk management, then join our team in helping to anticipate and assess the potential impacts of risk across the bank. We’ll look to you to create meaningful, value-added risk reporting for functions or franchise key committees, forums and dashboards, as well as leading a team to produce insightful, actionable analysis of our risk profile. Hone your risk management capabilities and advance your career in this fast-paced and varied role, with a focus on your continuing development. You’ll work from home some of the time, but you’ll also spend a minimum of two days a week working in the London office.

What you’ll do:

  • Working with a wide range of business stakeholders, you’ll interpret risk and control data, enabling management to identify key trends and manage improving or deteriorating risk profiles.
  • You’ll also produce and analyse MI to support risk committees and boards, as well as maintaining and developing reporting and analysis tools to support the reporting of the business risk profile.
  • You’ll be working with business as usual framework and capability teams by providing insights, tracking of data, and correcting exceptions.
  • Engaging with stakeholders to make sure that our operational risk system’s risk, issues and events are managed, tracked and completed within agreed timescales and correct governance is observed.
  • Assisting with the monitoring and tracking of outstanding risk issues and events to ensure timely resolution of remedial action plans and governance through appropriate forums.
  • Understanding the main risks arising in your area of responsibility and how to mitigate them, and escalate where unable to comply.
  • Assisting with the updating and circulation of early escalation event processes, events and losses in line with policy.
  • Working on data lineage in our risk management tool Vantage.
  • Ensuring controls library data is kept up to date and accurate as well as tracking non-compliance.
  • Utilising Gen AI and data model to ensure all controls in the library are articulated and with accurate and complete data.
  • Supporting workstream leads with insights, preparing papers and communications to wider audience.

The skills you’ll need:

  • To be successful in this role, you’ll need to be a skilled data analyst with experience of working with risk and controls data, especially using Gen AI and analytics to manage a controls data library in a gatekeeping capacity.
  • You’ll also bring experience of working on fast-paced regulatory impacted remediations.
  • General knowledge of how regulatory, political, reputational and environmental risk issues impact a complex financial services business.
  • A good level of business or operational experience.
  • Strong data management, MI analysis and presentation skills.
  • General and project management experience, involving complex process and technology issues.
  • Broad knowledge of relevant businesses and services and associated technologies.

Risk Reporting Analyst employer: Women Thrive Magazine

At NatWest, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. As a Risk Reporting Analyst in London, you'll benefit from flexible working arrangements, opportunities for professional development, and the chance to engage with diverse stakeholders while contributing to meaningful risk management initiatives. Join us to advance your career in a supportive environment that values your growth and well-being.
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Contact Detail:

Women Thrive Magazine Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Reporting Analyst

✨Tip Number 1

Network like a pro! Reach out to folks in the industry, attend events, and connect with people 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 risk management practices. Be ready to discuss how your skills align with their needs, especially around data analysis and regulatory impacts. Show them you’re not just another candidate!

✨Tip Number 3

Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers, especially when discussing your experience with risk and controls data.

✨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 are proactive about their job search.

We think you need these skills to ace Risk Reporting Analyst

Risk Management
Data Analysis
Regulatory Compliance
Stakeholder Engagement
Operational Risk Management
Data Management
MI Analysis
Presentation Skills
Project Management
Gen AI
Controls Data Library Management
Analytical Skills
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the skills and experiences mentioned in the job description. Highlight your data analysis and risk management experience, especially any work with regulatory impacts. We want to see how you fit into our world!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk reporting and how your background aligns with our needs. Don’t forget to mention your experience with Gen AI and analytics – we love that stuff!

Showcase Your Analytical Skills: In your application, give examples of how you've used data to drive decisions or improve processes. We’re looking for someone who can interpret risk data and provide actionable insights, so make sure to highlight relevant projects or achievements.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!

How to prepare for a job interview at Women Thrive Magazine

✨Know Your Risk Management Basics

Make sure you brush up on your risk management knowledge before the interview. Understand key concepts and terminology, especially how they relate to regulatory impacts. This will help you speak confidently about your experience and how it aligns with the role.

✨Showcase Your Data Skills

Since this role involves a lot of data analysis, be prepared to discuss your experience with data management and analytics tools. Bring examples of how you've used data to drive insights or improve processes in previous roles, particularly in a fast-paced environment.

✨Engage with Stakeholders

Demonstrate your ability to work with various stakeholders by sharing examples of past collaborations. Highlight how you’ve effectively communicated complex risk information to different audiences, ensuring everyone is on the same page regarding risk profiles and actions.

✨Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving skills in risk management. Think of specific situations where you identified risks, implemented controls, or managed compliance issues, and be ready to explain your thought process and outcomes.

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