Regulatory Risk Specialist, Markets
4 weeks ago
NatWest is a leading financial institution with a strong presence in the UK market.
Job SummaryWe are seeking a highly skilled Regulatory Risk Specialist to join our Markets team. The successful candidate will be responsible for leading regulatory compliance and conduct insight, oversight, and challenge.
Key Responsibilities- Provide expert support, advice, MI, and escalation to leaders and the business on risk management.
- Lead stakeholder relationships to ensure an early understanding and buy-in of conduct risk appetite activity.
- Mitigate the risk of legal or regulatory sanctions, material financial loss, and reputational harm.
- Provide critical analysis and independent challenge on the function's strategy and approach to defining and measuring conduct risk appetite.
- Interrogate and assess function structures and provide strategic regulatory advice through a focus on customer outcomes and regulatory expectations.
- Provide technical advice on the interpretation of regulatory rules applicable to the function and their impact on the operating model.
- Strong financial services experience, preferably in banking and regulated firms in the conduct risk environment.
- Broad technical knowledge of products, services, and regulations relevant to a large retail and wholesale bank.
- Knowledge and experience of providing regulatory and technical support and advice to senior management.
- Ability to analyse, understand, and draw sound conclusions from a wide range of sources and information, including MI.
- Track record in effective senior stakeholder management, with relevant experience in a compliance or conduct risk related discipline.
- Experience in, and the ability to have, challenging conversations with stakeholders to reach agreed positions, with a proven strength in influencing and negotiation skills.
The successful candidate will have the opportunity to work in a dynamic and challenging environment, with a competitive salary package of £60,000-£80,000 per annum, depending on experience.
We offer a range of benefits, including a performance-related bonus scheme, a generous pension scheme, and a comprehensive training and development program.
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