Senior Risk and Controls Associate

Job Description:

  • Support, develop and embed risk and control mechanisms for the business
  • Independently oversee and challenge effective management of risks and controls
  • Support design, implementation and ongoing delivery of risk framework and processes
  • Work with stakeholders to drive compliance with regulatory and policy requirements
  • Provide risk and control advice
  • Act as a subject matter expert on compliance and conduct policies for products and services
  • Partner with Product, Operations, Technology and other functional teams to design and implement compliant solutions and new products or services
  • Ensure customer and conduct outcomes are delivered through processes and controls for POS Lending, Unsecured Personal Loans or Savings products
  • Support and evolve risk-based controls frameworks, processes and key risk indicators
  • Manage regulatory risk and drive change or remediation activities
  • Support resolution of ad-hoc events and incidents exposing the business to unanticipated risk
  • Interface with wider NatWest stakeholders and senior risk colleagues on risk-driven priorities, policies and processes
  • Develop and embed Risk MI, maintain an up-to-date RAID log, and escalate issues appropriately

Requirements:

  • Experience in a compliance, conduct or risk management role or similar relevant experience
  • Knowledge of the regulatory environment and its frameworks
  • Ideally experience interpreting regulatory rules and regulations such as BCOBs, Consumer Credit Act, and Consumer Duty
  • Experience working in a fast-paced, agile environment
  • Experience working with product and functional business teams to deliver new capabilities
  • Proven ability to problem solve with product and functional teams to deliver innovative compliant solutions
  • Ability to convey complex information and ideas clearly to stakeholders
  • Ability to embed product policy, processes and controls balancing regulatory compliance and commerciality
  • Confidence to influence and challenge senior risk stakeholders
  • Experience working in a customer experience and/or customer design-led thinking environment
  • Evidence of supporting development of Lending and/or Savings products
  • External understanding of regulation applicable to Lending and/or Savings products

Benefits:

  • Remote First ways of working
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