Risk Manager - Regulatory Reporting & Insights, Nationwide House (Swindon)

Description

As the Regulatory Reporting and Insights Manager within the Professional Practices team, you’ll be responsible for leading the delivery of a series of Operational Risk loss reports, as well as analysing the data to identify valuable insights. Leading a small team, you’ll also be supporting the wider business as an expert on Operational Risk data.

This role sits within the Enterprise Risk team within the Risk Function, which is responsible for the Enterprise Risk Management Framework (ERMF), Risk Reporting, Business Operations and Risk Professional Practices. We are leading our thinking on building a strategic joined-up view of the enterprise risks facing the Society.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at our Swindon office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

What you’ll be doing

A typical day will include working with the team to prepare high quality regulatory reporting of our Operational Risk loss data set. This could include anything from checking the quality of what’s been recorded (working with business stakeholders to enhance where needed), through to interpreting regulatory guidance to ensure the reporting meets external requirements. You’ll also be responsible for tracking and reporting data quality and being part of the Risk Function data governance community. However this is not a pure data analysis role (so you won't need experience in SAS or SQL to be successful!)

Whilst maintaining robust levels of control is vital, we’re on a journey to simplify our reporting through reducing our EUC estate and reusing data where possible. This will afford us the opportunity to further develop the level of insight we can give on the data, ranging from building our understanding of trends (and spikes), as well as joining the dots between risks, controls and loss events.

You’ll work closely with your fellow Professional Practices team members, so may get involved in other activities such as helping to develop dashboards, track the Oversight plan, or helping to deliver provide support to business stakeholders.

As a manager of a small team, you will demonstrate a passion for providing support, enabling development and driving a culture of continuous improvement.

About you

As a minimum requirement, you'll need:

Previous experience of developing and delivering insight – both through the provision of insightful papers/reports (with recommendations) as well as presenting to senior management.
Experience leading/coaching less experienced analysts while encouraging your team to develop both work related processes and their skills.
A background in analysis and insight (including advanced proficiency in MS Excel, and experience building reports using Power BI) with a high attention to detail and the drive to develop your knowledge and take on new challenges.
The ability to provide highly effective subject matter expertise to stakeholders, from interpreting complex data sources to translating complex data findings into meaningful and actionable insights.
The ability to work collaboratively, with good relationship building and influencing skills and the confidence to communicate up to senior stakeholders e.g. ExCo-1.
A proven ability to automate processes effectively, together with an understanding of the importance of robust data and processes.
Experience working in a risk management role, with a good understanding of operational risk losses.

Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.

Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
Up to 2 days of paid volunteering a year
Life assurance worth 8x your salary
A great selection of additional benefits through our salary sacrifice scheme
Wellhub – Access to a range of free and paid options for health and wellness
Access to an annual performance related bonus
Access to training to help you develop and progress your career
25 days holiday, pro rata

What makes us different

Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.

As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.