Risk careers in the UK


Risk management careers

We have one core risk function, Group Risk and a number of smaller Divisional Operational Risk teams which are based in almost every department within Nationwide. We also have a Governance Risk and Control team that work within the IT, Operations and Transformation areas of the business.

Divisional Operational Risk

As part of one of our divisional functions, these teams are responsible for deploying standards set by Group Risk into our different commercial operations.

Governance Risk & Control

Professionalising the governance of risk within our Operations, IT and Transformation divisions. As part of this renewed focus we've created a new function to support, with a mandate to deliver a step change across our Technology, Operational and business service functions. This covers approximately 9,000 colleagues. 

The Group Risk teams

Group Risk (GR) is made up of different teams, each with their own role in managing our risks. The division works within Nationwide's Enterprise Risk Management Framework (ERMF) and our three lines of defence.

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Governance, Risk & Control

We have a relationship with 1 in 4 households in the UK, and are continuing to grow as a business. Being a financial services organisation we are now even more focused on governance and risk...

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Divisional Operational Risk

As well as having Group Risk we also have smaller Risk teams based in the divisions they are responsible for. There are too many to name here all with their specialisms...

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Group Risk

We review and set the Risk appetite across the organisation, including Commercial Credit Risk, Enterprise Risk Management, and Group Modelling, Measurement & Methodology Oversight.

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