We are looking to fill an Assistant Dealer secondment role in the Unsecured Funding team. The role will focus on the short-term funding side of desk activity but work closely with the wider team.
We’re looking for a driven and high performing candidate who wants to take the next step of their career journey in the Funding team.The short-term desk is one of the most active in front office in terms of trading activity, therefore an attention to detail is essential.The individual will be capable of supporting the daily execution of short-term funding primarily ensuring externally and internally reported liquidity metrics are not breached. In addition, looking to seek out discretionary opportunities if they arise. The role will also involve reporting and analysis, while providing an opportunity to learn more about short term markets.
You will have to interact with external counterparties including brokers and investment bank dealers along with some investors directly. Internally you’ll have to provide market updates to various stakeholders and input to ongoing liquidity discussions. Naturally, we'll expect you to be a great fit into the culture of the Treasury team, be an advocate of everything the Society stands for and always be seeking to do the right thing.
This is a 14-month secondment opportunity.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job, you'll spend at least two days per week, or if part-time, you'll spend 40% of your working time, based at our London office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.
Nationwide is committed to the redeployment of our employees impacted by change, as such applications for redeployment candidates will be prioritised in this recruitment process.
If you’re a colleague on long-term absence (for example, on parental leave) or a temporary worker, please use your personal email address to submit an application.
Responsibilities
What you’ll be doing
As an Assistant Dealer, you’ll be part of a team that operates in the market every day, helping to manage short-term funding through deposits and a portfolio of Commercial Paper and Certificates of Deposit. Market conditions can shift quickly, so you’ll stay close to economic developments, assess the impact of market announcements and regulatory changes, and support informed decision making across the desk.
You’ll help execute trades using platforms such as Bloomberg and ensure all activity is accurately recorded in Murex. Alongside this, you’ll contribute to maintaining funding programmes, delivering clear reporting to internal stakeholders, and finding ways to improve how the team works, including the use of new technology and AI.
Working closely with colleagues in the Unsecured Funding team, you’ll support the delivery of funding strategy and explore options to meet future short-term requirements. The role also involves building your understanding of financial markets and keeping others informed of key developments, while maintaining high standards and meeting deadlines.
You’ll have the opportunity to engage with a range of external stakeholders, representing Nationwide professionally, and to play an active role in shaping a positive, customer-focused team culture. Rather than a fixed set of tasks, this role is designed to grow with you. It offers the chance to build your capability, contribute ideas, and add value, with the support you need to succeed.
About you
As a minimum requirement, you’ll have/be:
- A demonstrable interest in financial markets, particularly funding, and bank balance sheets
- Experience in assimilating and interpreting large volumes of data and information and consolidating outputs
- Able to work and make decisions in a tightly controlled environment often with incomplete information
- An effective communicator, with some knowledge or experience of Treasury and funding markets
- Excellent Excel skills with an academic background in a numerical or analytical discipline
Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:
Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes
You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.
Qualifications
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
25 days holiday, pro rata
Access to private medical insurance
A highly competitive pension to help you build a strong foundation for retirement
Access to an annual performance-related bonus
Training and development to help you progress your career
A great selection of additional benefits through our salary sacrifice scheme
Life assurance to provide peace of mind for you and your loved ones in the event of your death
Wellhub – access to a range of free and paid options for health and wellness
Up to 2 days of paid volunteering a year
Banking – but fairer, more rewarding, and for the good of society
We forge our own path at Nationwide.
As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.
If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.
At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.
We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.
What to do next
If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.
We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.
The hiring manager for this role is Ryan Jones, and the main recruitment contact is Kris Mason.
Contact Details:
Nationwide Building Society Recruitment Team
