Technical & Regulatory Tprm Lead - Edinburgh, United Kingdom - NatWest Group

NatWest Group

Verified Company

Edinburgh, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.

This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.

Join us as our Technical & Regulatory TPRM Lead

Take on a role where you'll manage the External Outsourcing (EO) framework and any supporting documentation
Daytoday, you'll provide users with the guidance and tools needed to comply with the framework, outsourcing risk standards and regulatory requirements
This is your chance to take on a leadership position where you'll manage enhancements and updates to the EO framework and standards through the latest regulatory requirements

What you'll do:

As our Technical & Regulatory TPRM Lead, you'll be responsible for the interpretation and analysis of new and emerging regulations in our industry to determine their impact on our EO framework.

Alongside this, you'll provide appropriate counsel to drive the best solutions to support regulatory compliance.

You'll also keep the risk assessment methodology in line with the EO framework and outsourcing risk standards and changes in relation to regulatory requirements.

Your top priorities will include:

Being accountable for maintaining and updating the EO framework to ensure ongoing regulatory compliance and provide the effective oversight of the framework
Working closely with internal stakeholders to ensure alignment with other relevant bankwide risk management frameworks, including CISC, OpRes and InfoSy
Leading bankwide engagements with business entities to provide the oversight regarding the effectiveness of the EO framework and changes in outsourcing regulations
Engaging with different teams across our bank to deliver appropriate guidance and tools and outsourcing regulatory training to sustain the thirdparty risk management (TPRM) capability
Managing the outsourcing regulatory rules and mapping and externally outsourcing regulatory governance
Driving a risk culture that seeks to constantly evolve our TPRM best practices
Utilising your knowledge, experience and expertise to drive potential enhancements that're identified across TPRM processes

The skills you'll need:

To be successful in this role, you'll need experience of managing outsource-based regulations, an understanding of the latest industry TPRM and functional developments and the ability to assess and implement regulatory rules within a large corporate organisation, preferably a financial institution.

In addition, you'll need knowledge of outsource-based policies and statutory obligations and experience of managing relationships with regulators and developing a third-party risk framework that incorporates material risks, controls, risk appetite, testing regimes and tolerance reporting.

Furthermore, you'll need:

Great verbal and written communication skills to influence senior executives across a large corporate organisation
Experience of analysing complex information
Good problemsolving skills and the ability to use data to drive decisions