Jobseeker

Job Description

NatWest Group is recruiting an Operational Risk Manager based in Edinburgh. This is a full-time role (37.5 hours per week) operating under a hybrid model (2 office days and 3 remote days weekly).

Role Overview

You will oversee operational risk frameworks across banking functions, ensuring regulatory alignment and robust risk governance.

Key Responsibilities

Develop and maintain operational risk policies
Conduct risk and control self-assessments (RCSAs)
Review key risk indicators (KRIs)
Monitor operational loss events
Support scenario analysis and stress testing
Prepare board-level risk reports
Liaise with internal audit teams
Ensure compliance with PRA operational resilience standards
Conduct risk workshops with stakeholders
Oversee third-party risk management
Review incident management controls
Support regulatory submissions
Drive continuous improvement initiatives
Lead remediation action tracking
Education & Certifications

Mandatory:

Degree in Finance, Risk, or Business
Optional:

FRM certification
IRM qualification
ISO 31000 risk management training
Compliance

PRA operational resilience framework
FCA governance standards
Basel risk management guidelines