Join us as a Regulatory Risk ManagerIn this key role, youll support NatWest Markets (NWM) in providing customers with commercially viable products that will meet their needs and keep the bank safeYoull make sure that regulatory compliance is monitored and maintained by appropriate horizon scanning and regulatory rules mapping with control and policy assessmentThis is a prominent role, where your ability to develop stakeholder relationships will be as important as your risk management skillsWhat you'll doAs a Regulatory Risk Manager, youll support the execution of horizon scanning and regulatory mapping to identify and provide business impact assessments of new and changing regulatory rules, impacting our licence to operate, including ensuring an understanding of the impact of regulatory change on the businesses and managing accordingly. Youll work across upstream risk and horizon scanning process to prioritise and deliver regulatory interpretation and mapping in line with group toolkitsWell look to you to support the evolution of the NWM upstream risk, horizon scanning process and model optimising approach and resource globally across first and second lines of defence. Youll also provide the business area with technical interpretation of regulatory rules applicable to the function and their impact on its operating model.In addition, youll:Partner with key business stakeholders in the analysis and management of regulatory change and product governanceSupport the management of our product and services governance framework which includes oversight of product taxonomy, cross border, and target marketCollaborate with senior stakeholders to develop and deliver interpretive impact assessments leading to remedial action plans where identified risks are considered out of appetiteSupport management in their identification and assessment of material regulatory risks, and in determining their impact and applicabilityCollaborate with the Compliance and Legal teams to ensure delivery of the Markets regulatory agendaThe skills you'll needTo succeed in this role, youll need detailed knowledge of key UK EU market regulations as well as knowledge and experience of providing regulatory technical support and interpreting regulations for management. Youll come with expertise in compliance or have experience of regulatory oversight in investment banking.Youll also need:A strong understanding of global markets, operations, market products and the associated risksThe ability to analyse, understand and draw sound conclusions from a wide range of sources and information including MIExperience of collaborative working, building relationships across multiple teams and levelsThe ability to work well in a fast-paced environment and have good organisation skills to deliver to deadlinesStrong analytical and communication skills, with senior management reporting experience
Job Title
Regulatory Risk Oversight Manager