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Nationwide

Operational Risk Oversight Manager – Process and Business

United Kingdom
Posted 2 months ago
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Independent Second Line Operational Risk Oversight – Role

About the Role

As part of our independent Second Line Operational Risk Oversight team, you will play a pivotal role in delivering the Society’s objectives. The team’s mission is to ensure that non-financial risks are effectively managed, enabling Nationwide to serve its members safely and efficiently.


In this role, you will focus on overseeing operational processes and business practices beyond the core Chief Operating Office (which predominantly sets policies and standards). You will work closely with:

  • Business Banking
  • Branch networks
  • Member-facing teams
  • Head office functions

Your efforts will help ensure that each area of the business maintains robust processes and controls, delivering safe outcomes for members while meeting regulatory requirements.


Key Responsibilities

  • Collaborate with a wide range of stakeholders and risk teams to assess how business units identify and mitigate risks within their day-to-day operations.
  • Utilise continuous monitoring, risk reviews, and targeted deep-dive assessments to:
    • Identify process gaps and control weaknesses
    • Support business areas in strengthening their operational resilience
  • Apply the Enterprise Risk Management Framework across the Society, ensuring alignment with operational risk standards.
  • Directly support the Director of Operational Risk by embedding:
    • A culture of continuous improvement
    • Strong risk awareness to protect members and the Society.

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I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Flexible Working

We welcome flexible working approaches to help you perform at your best.

  • Hybrid working is available wherever possible.
  • Offices bring colleagues together for solving problems, learning, and fostering connection.
  • Generous access to remote/home working is also provided.

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Expected Work Location

  • At least two days per week (or 40% of working time if part-time) at either:
    • London office
    • Swindon office
  • If aligned to our Glasgow hub, weekly in-person sessions are required.
  • Further details will be provided by your hiring manager upon successful application.

For more information on our approach, see: Nationwide Hybrid Working Policy


Note: If there is a high volume of applications, the advert may close early; apply as soon as possible.

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Skills

Operational Risk Oversight
Risk Mitigation
Enterprise Risk Management Framework
Control Assessment
Stakeholder Management
Operational Resilience
Continuous Monitoring
Risk Review
Process Gap Analysis
Regulatory Compliance

Location

United Kingdom

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