Join us as a Securitisation Middle Office Analyst
* We’ll look to you to provide operational control and support to the required teams through the execution of controls and processes, helping to ensure risks are identified and managed appropriately
* You’ll be responsible for day one support for the relevant business, undertaking activities that cover a range of different product asset classes, as well as products with varying degrees of complexity
* You’ll enjoy considerable interaction, acting as a reference point of the business and building strong connections with colleagues, stakeholders, and teams across the bank
* You’ll work from home some of the time, but you’ll also spend twice a week time working from our London office
What you’ll do
Applying risk management principles, you’ll mitigate key operational risks and identify opportunities to improve processes. You’ll deliver all team activities in accordance with approved procedures, making sure all service level targets are achieved. You’ll also ensure prompt and clear escalation of any outside of appetite risks, putting appropriate remediation plans in place.
We’ll look to you to review securitisation structures pre close to ensure they can be booked on NatWest Market platforms, along with finding solutions where this is not the case and providing guidance to the structuring teams. Post close you’ll be responsible for the lifecycle management of these structures building guides, preparing controls and ensuring adherence.
In addition to this, you’ll:
* Provide support to front to back structurers and trading teams trading and sales support to within the markets business
* Review and advise on structures before closing a structure
* Validate complex trades booked by the traders
* Ensure trade bookings flow accurately to the finance teams and Profit & Loss statements
* Provide insight both internally to the department and externally across other functions to support and challenge business decisions and strategy, as well as enhance the customer experience
* Remain connected with external and industry developments, representing the organisation on industry groups where required
* Develop the people agenda, demonstrating strong leadership skills, and implement plans to improve the motivation and delivery of teams and individuals
The skills you’ll need
We’re looking for someone with experience of structured transactions trade booking and validation. You’ll have product knowledge of loans interest rate swaps, basis swaps and cross currency swaps. We’ll also expect you to have strong analytical and root cause analysis skills.
As well as this, you’ll demonstrate:
* An understanding of the banking sector, understanding how banks operate to raise funds
* Knowledge of loan, deposit, forward rate agreement, foreign exchange, bonds and overnight index swaps
* A background of working in settlements, middle office or confirmation teams
* Expert knowledge of Microsoft Office, specifically Excel
* Good communication skills, both written and verbal