Risk and Controls Analyst (1st Line)

Risk and Controls Analyst ( Consultant, Risk Control and Partnering)

Swindon or London Office

Hybrid role (x2 days in office / x3 Work from home)

We are looking for a pro-active, self-motivated, and dynamic Consultant, Risk Control and Partnering to join the Retail Risk business function.

Your role will present a great opportunity to work in our Retail Risk function, as a first line regulatory risk expert helping ensure application of key policy and regulatory changes which support performance expectations and good customer outcomes, meeting our strategic and regulatory expectations.

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 either our Swindon, London or Northampton offices. 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.

There will be the need for ad/hoc visits between the the sites roughly once a quarter. This role is an 11 month Fixed Term contract.

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

You’ll be working alongside your colleagues in Retail to maintain a safe risk environment. You’ll be working with business and change teams to ensure risks are identified, appropriately mitigated and understood, maintaining the documented risk profile and supporting effective risk reporting.

• Providing risk expertise, objective advice and actionable insight to one or more teams within Retail, primarily focussing on Retail Services. This will include risks that could result from ongoing business activities, small through to large strategic change.
• Completing risk assessments across the range of risk categories.
• Supporting business teams to design, operate and evidence a robust, effective and efficient control environment.
• Maintaining the risk and control profile, supporting reporting into forums and committees as needed.
• Staying abreast of regulatory and legislative change which may impact the risk environment, working with risk owners to ensure appropriate steps are in place to mitigate future risk.
• Deputising as appropriate for the risk Senior Consultants and/or Manager(s), which will include participating in senior committees and forums as well as leading meetings and contributing to projects.

About you

We are looking for someone who is self-driven, highly organised, enthusiastic, who has great stakeholder, influencing and time management skills.

As a minimum you’ll have:

• Experience working in a first line risk environment within financial services, providing accurate, expert pragmatic risk advice.
• A logical, inquisitive mind with the ability to be objective and to cut through complexity.
• The ability to analyse information and produce concise and informative reports and presentations; you'll have demonstrable working experience curating reports for senior stakeholders
• Proven ability to demonstrate decisiveness and sound judgement on a consistent basis.
• Strong relationship management, communication and influencing skills to help build trust and maintain relationships with a variety of stakeholders across all levels of the society and externally.
• Demonstrable ability to manage time effectively and display strong organisational skills with a high level of attention to detail and accuracy
• A proactive, collaborative and solution-oriented approach.

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.