Depositary Regulatory Risk Manager

London, England, United Kingdom

12/14/2024

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.

Job Description

Join us as a Depositary Regulatory Risk Manager

• We’re looking for someone to use data-led insights to drive and heighten governance standards across our Depositary and Funds business
• Day-to-day, you’ll be a part of a dynamic team who shape and influence the regulatory agenda and landscape across the Funds industry to optimise investor protection standards
• If you’re interested in a client-facing role, and are ready to represent our organisation during client visits, this could be the opportunity that you’re looking for
  
  
  

What you’ll do

Working in the NatWest Depositary business, you’ll drive forward the evolving face of the Depositary and Funds Industry through digitally-led insights and industry governance standards. You’ll interpret regulations and suggest resolutions to business queries from a rules perspective.

We’ll look to you to proactively address regulatory change and upstream regulatory risk so our business can better serve its customers and make sure our practices are compliant. You’ll manage the regulatory risk agenda within NWTDS to ensure our business complies with developments.

You’ll also be responsible for:

• Working closely with relevant teams by providing regulatory support, guidance and training on regulatory policy and interpretation
• Encouraging client engagement and thought leadership initiatives while supporting new product offerings and regulation changes to existing products
• Addressing regulatory change to gain competitive advantages and to make sure practices remain compliant while providing and presenting board reporting on key regulatory topics
• Coordinating with other regulatory risk teams
• Preparing the NWTDS Fiduciary and Discretionary Committee meeting packs while assisting with chairing meetings, drafting meeting minutes and following up on actions
  
  
  

The skills you’ll need

To be successful in this role, it is essential that you understand collective investment schemes, the UK funds industry and have indepth regulatory knowledge. It is also essential that you have knowledge of trustee and depositary oversight responsibilities.

We’re looking for an analytical thinker with good problem-solving skills and understanding of how to find solutions.

You’ll also need:

• Good written and verbal communication skills
• The ability to develop working partnerships both internally and externally
• An understanding of how to work under pressure, managing diverse initiatives without compromising quality
• An interest in sharing your specialist knowledge with others to support their understanding and decision-making