Business Controls Partner

NatWest Group

Bengaluru/Bangalore

Not disclosed

Work from Office

Full Time

Min. 1 year

Job Details

Job Description

Business Controls Partner, Trade Reconstruction, VP

Join us as a Business Controls Partner, Trade Reconstruction, VP

  • Partnering with our business and Risk function, you’ll identify, assess, and manage the risks within the agreed risk appetite
  • You’ll lead and inspire a team of business and customer control partners to make sure objectives are achieved, deliver a robust risk governance framework, and escalate emerging risks in a timely manner
  • The work you do will make a vital contribution to a generative culture of risk awareness as you’ll recommend solutions to operations risk issues within the businesses
  • We’re offering this role at vice president level

What you'll do

As a Business Controls Partner, you’ll drive, embed, and maintain a strong risk awareness across the business. This will involve the prioritisation, design, and implementation of our operational risk principles and ensuring we’re compliant with the various policies and statutory requirements.

You’ll implement and embed a robust governance framework that engages all relevant stakeholders to enable effective decision making and make sure that all aspects of risk management are delivered. You’ll also manage the interface between the business, internal audit, the second line of defence, and other critical functions, as well as the wider risk and controls teams.

You’ll also deliver an evidentially high level of assurance, to the satisfaction of senior stake holders, in the trade prices the bank has given to customers, as well as the methodologies used, by utilising expert product knowledge to critically analyse their level & construction, as well as confidently escalating, evidencing & discussing potential issues to senior staff.

You’ll also:

  • Lead the delivery and interpretation of risk MI and risk reports into the business, working collaboratively to develop effective action plans for the resolution of issues
  • Lead the assessment and reporting of the business-wide governance framework, supporting functional risk management and governance requirements, and supporting the preparation of control environment certificates
  • Lead the business-wide risk and controls assessment of processes and infrastructure, and champion and role model the oversight and implementation of policies
  • Lead the assessment of changing risks associated with change programmes and upstream regulatory risks, building frameworks and embedding in the business where required
  • Deputise for other management and business partners when necessary
  • Create a culture of continuous improvement, increasing efficiency and productivity through great people leadership, coaching, engagement and development of skills
  • Support change initiatives across the business, ensuring upstream risks and support the assessment of the impact of regulation changes, developing and delivering
  • Responsible for the analysis of risk reporting and metrics used to inform decision making
  • Educate teams on the operational risk framework and our conduct risk obligations, supporting the business in operating and embedding them

The skills you'll need

To succeed in this role, you’ll need a risk management or regulatory background, project management skills involving complex people, process, and technology issues, and an understanding of our operating processes. Along with a proven understanding and experience of risk management principles, you’ll have well-developed knowledge of our businesses and associated products, processes, and technologies.

We’re also looking for:

  • Strong senior stakeholder management skills and the ability to build a network of contacts
  • A clear track record of delivery
  • Excellent written and verbal communication skills
  • Influencing and conflict resolution skills, with the ability to view the impact of issues from a wide perspective
  • The ability to think creatively when resolving problems and identify alternatives where established procedures may not exist
  • Demonstrable mathematical understanding of linear and non-linear pricing methodologies of some traded financial products, such as: Interest rate derivatives, Bonds & Repos, Forwards, Spot FX, FX Options, Structured Products, and/or  Equity options
  • Highly proficient in Excel

Hours

45

Job Posting Closing Date:

16/05/2025

Experience Level

Executive Level

Job role

Work location

Bangalore, India

Department

Risk Management & Compliance

Role / Category

Risk Management - Operations / Strategy

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 1 year

About company

Name

NatWest Group

Job posted by NatWest Group

This job has expired