Join us as a 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 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:
- Validate the P&L and balance sheet and provide commentary on the major drivers
- Co-ordinate with various stakeholders across front office, middle office, market risk, IT support and senior management
- 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. Experience in Excel, SQL, VBS, Access, Tableau or Python would be beneficial but not essential, as would any prior experience with product control.
You'll be a quick learner, adaptable and open to new ideas, and it's advantageous if you have or are pursuing a professional qualification such as CFA, FRM or ACCA.
We’ll also look to you to have:
- Knowledge of financial products such as bonds, swaps, futures and options
- 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 impact
- Good time management skills
Hours
35
Job Posting Closing Date:
04/04/2025
Ways of Working:Hybrid
Top Skills
What We Do
We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate.
As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these.
Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence.
One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025.
We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.
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