About Company
NatWest Group is a leading banking and financial services company based in the United Kingdom. With a rich heritage and a commitment to supporting individuals, families, and businesses, we operate a wide range of brands including NatWest, Royal Bank of Scotland, and Ulster Bank. Our purpose is to champion potential, helping people, families and businesses to thrive. We are dedicated to building a more sustainable and inclusive economy, driving innovation in financial technology, and maintaining the highest standards of integrity and customer trust. We foster a diverse and inclusive workplace where every colleague can contribute and grow, supporting remote work models to attract top talent and promote work-life balance. Join us to be part of a team that is shaping the future of finance.
Job Description
NatWest Group is seeking a highly analytical and detail-oriented Remote Risk Review Specialist to join our dynamic and distributed team. This pivotal role offers the opportunity to contribute significantly to our robust risk management framework from the comfort of your home office, while being an integral part of a leading financial institution with a strong presence in the UK and a steadfast commitment to innovation and customer trust. As a Remote Risk Review Specialist, you will be instrumental in safeguarding NatWest Group’s financial health and reputation. Your primary responsibility will involve conducting in-depth reviews of various risk types across our diverse operations, including credit, operational, market, and compliance risks. You will meticulously analyze complex data sets, identify potential vulnerabilities in existing processes, assess the effectiveness of current controls, and provide actionable insights to mitigate identified risks. This role requires a proactive approach to understanding evolving risk landscapes, geopolitical impacts, and stringent regulatory requirements, ensuring that our practices remain compliant, efficient, and best-in-class within the financial sector. You will collaborate closely with various business units, risk officers, and compliance teams across the Group, offering expert advice and guidance on risk identification, assessment, and remediation strategies. The ability to communicate complex risk concepts clearly and concisely to both technical and non-technical stakeholders is paramount, requiring strong presentation and interpersonal skills. This position is ideal for a self-starter who thrives in an autonomous, results-oriented environment, possesses exceptional problem-solving acumen, and is dedicated to fostering a strong, proactive risk culture across the organization. We are committed to supporting our remote workforce with comprehensive tools, cutting-edge technology, and a culture of connectivity and continuous learning. You will be provided with all necessary resources to perform your duties effectively, including access to our advanced risk management platforms and ongoing professional development opportunities to further your career. If you are passionate about risk management, possess a keen eye for detail, and are eager to make a tangible impact within a forward-thinking and responsible financial organization, we encourage you to apply. Join NatWest Group and help us build a more secure and resilient financial future for our customers and communities.
Key Responsibilities
- Conduct thorough reviews of credit, operational, market, and compliance risks across various business lines.
- Analyze complex financial data and risk reports to identify trends, potential threats, and control weaknesses.
- Assess the effectiveness of existing risk management controls and recommend enhancements.
- Develop and implement risk mitigation strategies in collaboration with business units and compliance teams.
- Prepare detailed reports and presentations on risk findings, recommendations, and remediation progress for senior management.
- Stay abreast of industry best practices, regulatory changes (e.g., FCA, PRA), and emerging risk landscapes.
- Participate in the development and refinement of risk policies, procedures, and frameworks.
- Provide expert guidance and support to internal stakeholders on risk-related matters.
- Ensure timely and accurate documentation of all risk review activities and outcomes.
Required Skills
- Minimum of 3 years of experience in risk management, audit, or compliance within the financial services sector.
- Strong analytical and critical thinking skills with the ability to interpret complex data.
- In-depth understanding of various risk types (credit, operational, market, regulatory).
- Excellent written and verbal communication skills for report writing and stakeholder engagement.
- Proficiency in Microsoft Excel for data analysis and reporting.
- Ability to work independently, manage multiple priorities, and meet deadlines in a remote environment.
- Knowledge of UK financial regulations (e.g., PRA Rulebook, FCA Handbook).
Preferred Qualifications
- Professional certification such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CRISC (Certified in Risk and Information Systems Control).
- Experience with GRC (Governance, Risk, and Compliance) platforms and risk management software.
- Bachelor's or Master's degree in Finance, Economics, Risk Management, Business Administration, or a related quantitative field.
- Proven experience in developing and implementing risk control frameworks.
- Experience working in a remote or hybrid team setting.
Perks & Benefits
- Competitive annual salary with performance-related bonuses.
- Generous pension scheme with employer contributions.
- Comprehensive private medical insurance.
- Flexible working hours and full remote work setup.
- Extensive training and professional development programs.
- Employee assistance program for well-being support.
- Exclusive discounts on banking products and services.
- Generous paid time off and public holidays.
- Life assurance and income protection.
How to Apply
Interested candidates are invited to click on the application link below. Please ensure your CV and cover letter highlight your relevant experience in risk management and your ability to thrive in a remote work environment.