Supervision Controls Associate

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role.  Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business.

Join us as a Supervision Controls Associate in the US Risk and Controls Team

• If you have a background in Supervision controls, then join our team in helping to anticipate and assess the potential impacts of risk across the bank
• We’ll look to you to proactively advise and support business and functional lines on topics of Supervisory controls and Unauthorised Trading risk mitigation, helping Business and Functional Heads to ensure that risk policies, standards and requirements are fully adhered to
• In this highly collaborative role, you’ll have an ideal platform for building your network and advancing your career, while helping to create a safer environment for the bank

What you'll do

You’ll have the responsibility of supporting management in their identification and assessment of material risks, and in determining their position relative to agreed appetites. Working with senior stakeholders across the bank, you’ll look to drive forward the development and delivery of remedial action plans where identified risks are considered out of appetite.

On top of this, you’ll be supporting a culture of proactive and pre-emptive risk management and continuous improvement, and the attainment of operational risk objectives

In addition, you’ll:

• Deliver the global NWM Supervision and Unauthorised Trading (UT) Controls framework
• Partner to manage the Supervision toolkit, including application changes and upgrades, working with other change projects to ensure the Supervision framework is appropriately integrated into the NWM risk and control framework
• Be a subject matter expert on the NWM Supervisory Controls framework and Unauthorised Trading risk for NWM (US)
• Supports the development and implementation of the NWM supervision and control frameworks to mitigate conduct, operational, and regulatory risks
• Prepares recurring and ad-hoc reporting for governance meetings with relevant US Supervision and Unauthorised Trading risk updates
• Responsible for delivery of new supervisor onboarding, including training and annual Supervision refresher training with the purpose of establishing first line risk & control requirements and awareness
• Educating teams on the operational risk framework and our conduct risk obligations, supporting the business in operating and embedding them
• Actively seeks external feedback, engaging with external stakeholders to ensure NWM implementation of supervision framework and US risk mitigation is aligned to our peers
• Initiating and supporting thematic exploration, deep dives, read across and oversight of the risk profile linked to control and conduct failures and operational events

The skills you'll need

To be successful in this role, you’ll need the ability to manage your own workflow to required deadlines. You’ll also need excellent communication skills in order to work well within the team, as well as being able to negotiate with, and influence, stakeholders across an organisation.

You’ll also need:

• Undergraduate degree or equivalent professional qualification
• Minimum 5 years of experience within the Financial Services Industry
• An understanding of the relevant financial products and current developments within the financial marketplace
• Knowledge of regulatory expectations around the supervision framework and strong understanding of unauthorised trading risk
• Experience in Risk Management in 1 LOD or 2 LOD role, Operational Risk or Controls and Supervision & Conduct
• Financial and other risk analysis and problem solving abilities
• Experience of collaborative working, building relationships across multiple teams and levels

The expected base annual salary range for this position is $90,000 - $110,000 at the start of employment. This is not a guarantee of compensation.  The exact compensation is determined  on an individualized basis and may vary based on skills, experience, training licensure, certifications and location.  In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.

It is the policy of NatWest Markets Securities Inc. a