At a Glance
- Tasks: Validate complex trades and manage queries from traders in a dynamic environment.
- Company: Join a leading bank with a collaborative and innovative culture.
- Benefits: Hybrid working model, competitive salary, and professional development opportunities.
- Why this job: Make an impact in capital markets while building strong connections across the bank.
- Qualifications: Experience in risk management and strong communication skills required.
- Other info: Initial training period in the office, followed by flexible remote work.
The predicted salary is between 72000 - 108000 £ per year.
Join us as a Middle Office VP, Capital Markets. Take on a new role, where you’ll have responsibility for the validation of complex trades booked by our traders. You’ll be managing and resolving queries from traders related to their trade bookings and risk positions. 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.
Our team operates within a hybrid working model, which means you’ll work from home some of the time, but you’ll also spend two days per week working from our London office to collaborate with your colleagues. Please note there will be an initial training period of around three months, where you will be expected to attend the office on a daily basis.
What you’ll do:
- As a Middle Office VP, you’ll be applying risk management principles, mitigating key operational risks and identifying opportunities to improve processes.
- You’ll deliver all team activities in accordance with approved procedures, ensuring all service level targets are achieved.
- You’ll ensure prompt and clear escalation of any outside of appetite risks, putting appropriate remediation plans in place.
- 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.
Your responsibilities will include:
- Providing support to front to back structurers and trading teams trading and sales support within the Markets business.
- Reviewing and advising on structures before closing a structure.
- Ensuring trade bookings flow accurately to the finance teams and Profit & Loss statements.
- Providing 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.
- Remaining connected with external and industry developments, representing the organisation on industry groups where required.
Middle Office VP, Capital Markets in City of London employer: NatWest Group
Contact Detail:
NatWest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Middle Office VP, Capital Markets in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in capital markets. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your risk management principles and trade validation processes. We want you to showcase your expertise and how you can mitigate operational risks effectively.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you note to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Middle Office VP, Capital Markets in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Middle Office VP role. Highlight your experience in trade validation and risk management, as well as any relevant achievements that showcase your ability to improve processes.
Craft a Compelling Cover Letter: Your cover letter should tell us why you’re the perfect fit for this role. Use it to explain how your skills align with our needs, especially in managing queries and building connections across teams.
Showcase Your Communication Skills: Since this role involves considerable interaction with traders and stakeholders, make sure to highlight your communication skills. Give examples of how you've effectively collaborated in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at NatWest Group
✨Know Your Trade
Make sure you understand the intricacies of capital markets and trade validation. Brush up on risk management principles and be ready to discuss how you would mitigate operational risks. This shows that you're not just familiar with the role, but that you can actively contribute to improving processes.
✨Build Connections
Since this role involves considerable interaction with traders and other teams, think about how you can demonstrate your ability to build strong relationships. Prepare examples of past experiences where you've successfully collaborated with colleagues or resolved conflicts, as this will highlight your interpersonal skills.
✨Be Ready for Scenarios
Expect scenario-based questions that test your problem-solving skills. For instance, you might be asked how you would handle a situation where a trade booking doesn't flow accurately. Practise articulating your thought process clearly and logically, as this will showcase your analytical abilities.
✨Stay Updated
Keep yourself informed about the latest developments in the capital markets and any relevant industry trends. Being able to discuss current events or changes in regulations during your interview will demonstrate your commitment to the field and your proactive approach to staying connected with industry developments.