# Surveillance Lead at NatWest Group

NatWest Group is hiring a Surveillance Lead in Manchester, United Kingdom. Level rates it Little AI ●○○○; you can [apply on NatWest Group](https://jobsbylevel.com/go/78691326-6372-49c1-a882-04348a7b39a7?utm_medium=ai-agent).

AI Level 1, AI centrality 30 out of 100. Manchester.

## Details

- Company: [NatWest Group](https://jobsbylevel.com/companies/natwest-group)
- AI level: AI Level 1 (score 30 out of 100)
- Location: Manchester
- Posted: October 26, 2026
- Apply: https://jobsbylevel.com/go/78691326-6372-49c1-a882-04348a7b39a7?utm_medium=ai-agent
- Free CV review for this job: https://jobsbylevel.com/cv-review?job=surveillance-lead-at-natwest-group-021399

## Description

Join us as a Surveillance Lead in Model Oversight You'll support the business in managing Market Abuse Risk by providing proportionate oversight of surveillance models across their lifecycle, from deployment and initial proving through to ongoing performance monitoring, calibration, change, restriction and retirement You'll support management and key stakeholders in monitoring whether surveillance models remain effective, reliable and fit for purpose You'll co-ordinate performance assessment, calibration, model change evaluation and evidence-based reporting, with clear escalation where models operate outside agreed tolerances or present material limitations Support management and key stakeholders in identifying, assessing and escalating model performance, deployment and control risks You'll also co-ordinate proportionate remediation and monitoring actions where performance concerns, limitations or exceptions are identified What you'll do As a Surveillance Lead, you'll report material deployment, calibration and model performance issues through relevant surveillance, model and control governance, supported by clear evidence, impact assessment and proposed actions. You'll manage and ensure tight governance, including accurate reporting to governance fora on a regular basis and regularly engage and inform the BAU surveillance team of model changes, performance concerns, limitations and calibration outcomes so that procedures, training and operational monitoring remain aligned. You’ll also: Provide model risk oversight across the surveillance model lifecycle, ensuring model ownership, classification, documentation, approvals, limitations, dependencies and residual risks are clearly recorded and escalated through the appropriate governance Co-ordinate Ongoing Model Performance Monitoring (OMPM), including the definition and periodic review of performance indicators, thresholds and tolerances; assessment of model drift, data quality, alert volumes, outcomes and control effectiveness; and clear RAG reporting with evidence-based conclusions and actions Engage with the Model Owner to assess whether surveillance models remain fit for purpose and operate within agreed tolerances, identifying when recalibration, enhancement, remediation, control weaknesses, restriction or retirement should be considered by the accountable decision-maker Support calibration and optimisation activity across surveillance scenarios, providing documented parameter rationale, challenge, outcome analysis and traceability to the relevant model design, performance objective and governance decision Act as a key Surveillance contact for Independent Model Validation, coordinating submissions, evidence packs, walkthroughs and responses to challenge; tracking findings and remediation actions; and supporting timely, evidenced closure through formal governance Evaluate the impact of model, vendor, data, parameter and methodology changes, including whether a change is material and requires additional testing, validation, approval or post-implementation monitoring Maintain clear records of model performance decisions, limitations, issues, compensating controls and accepted residual risks, with accurate reporting to model, surveillance and control governance fora The skills you'll need We’re looking for someone comfortable operating within and managing a vast amount of change and you’ll need broad technical knowledge of products and services relevant to a large financial services organisation, together with an understanding of regulatory expectations for effective market abuse surveillance and model oversight. You'll bring significant experience in the banking industry and a track record of delivery in surveillance, model risk, control assurance, remediation or regulatory compliance. You’ll have awareness of trade and communication surveillance techniques and industry standards as well as practical experience of model risk governance, including model inventories, lifecycle

The description is cut here. Read the full offer: https://jobsbylevel.com/jobs/surveillance-lead-at-natwest-group-021399

Source: https://jobsbylevel.com/jobs/surveillance-lead-at-natwest-group-021399

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