Strategic Risk & Control Associate

Posted 3 Days Ago
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Manchester, Greater Manchester, England
Mid level
Fintech • Payments • Financial Services
The Role
The Strategic Risk & Control Associate role involves managing risk governance, enhancing risk frameworks, conducting scenario analyses, and guiding strategic risk initiatives.
Summary Generated by Built In

Join us as a Strategic Risk & Control Associate

  • In this challenging and engaging role, you’ll finalise strategic risk updates for our NatWest Markets business
  • You'll oversee risk and control reporting and engage with senior leaders to shape our risk management and scenario analysis agenda
  • This is an opportunity to hone your existing industry knowledge and experience and expand your network across the bank

What you'll do

As a Strategic Risk & Control Associate, we'll look to you to facilitate senior leadership governance and make sure there is a consistent risk focus across senior committees. You’ll work in close partnership with the respective line teams to monitor, assess, report, and analyse risks and scenario outcomes, helping to identify trends and inform governance processes. We’ll look to you to achieve the right balance of assisting and challenging line management and colleagues to make sure operational risk is proactively managed.

Day-to-day, you’ll be managing the risk proactively in the first line of defence and act as a bridge between the business and the regional operations risk management, emphasising strategic risk analysis and scenario planning .

You’ll also:

  • Review and enhance the risk management framework to address emerging risks within the unit, and constant engagement with colleagues and line management
  • Lead the risk management process, focusing on strategic risk insights and related reporting
  • Conduct scenario analysis to assess potential outcomes and their implications for the business, ensuring informed decision-making
  • Assess the effectiveness of existing risk management practices and identify knowledge gaps through strategic reviews rather than traditional assurance testing

The skills you'll need

We’re looking for someone educated to degree level, with exposure to strategic risk management and governance. You'll have a good understanding of the business and experience in guiding strategic risk and control initiatives. You will also be skilled in summarising large amounts of information into a synthesised format to assist management in making informed decisions related to risk.

You’ll also need:

  • Excellent attention to detail with strong influencing and analytical skills
  • A good understanding of banking operations and strategic risk assessment
  • Effective relationship building and communication skills, with the ability to adapt your delivery style and language to suit various audiences
  • Strong knowledge of Microsoft Office, including Word, Excel and PowerPoint
  • To be a strong team player, and able to promote an effective team environment

Hours

35

Job Posting Closing Date:

10/04/2025

Ways of Working:Hybrid

Top Skills

Excel
MS Office
PowerPoint
Word
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The Company
HQ: Bengaluru, Karnataka
40,000 Employees
On-site Workplace
Year Founded: 1970

What We Do

We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate.

As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these.

Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence.

One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025.

We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.

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