Trading Product Control Analyst

Company:  NatWest
Location: Edinburgh
Closing Date: 04/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Join us as a Trading Product Control Analyst

Join a team that is accountable for closing and maintaining the integrity of the ledger for our Commercial & Institutional business

You’ll be delivering an accurate understanding of the financial position, including key business drivers for material movements

Gain valuable experience and hone your expertise as you advance your career in this challenging role

What you'll do

As a Trading Product Control Analyst, you’ll be responsible for the daily P&L and monthly balance sheet reporting for the bank’s trading desks which sit within NatWest Markets. This will help the bank to effectively manage its trading position, demonstrate strong daily controls and enable management of market risk.

You’ll establish and maintain strong working relationships with key customers and stakeholders, and deliver high quality and consistent financial, statutory, regulatory and management reporting outputs. You’ll comply with relevant policies and consider and escalate the adequacy and effectiveness of the business’s controls on a regular basis.

Day to day, you’ll:

Undertake reconciliations, accounting, MI and control activities to support the ledger close, reconciliation, substantiation and reporting

Support change initiatives, process improvements and in system implementations

Prepare month-end accounting, such as journals preparation, reviews and account reconciliation

Investigate process or system issues

Support systems testing, such as user acceptance testing and system or process improvement initiatives

The skills you'll need

To succeed in this role, you’ll bring experience in core financial control delivery and reporting outputs, including ledger close, balance sheet substantiation, statutory and management reporting and external audit.

We’ll also look to you to have:

Knowledge of international accounting standards

Experience of delivering change in a financial services environment

The ability to identify, build and enhance key relationships at a senior level

Experience of investigating and probing issues with cross-business impactAn understanding of intercompany and contra account usage requirements and intercompany reconciliations and substantiation
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