Nationwide
Operational Risk Oversight Manager – Process and Business

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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.
Reasons to use Rodeo
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?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour 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.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
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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