At a Glance
- Tasks: Manage daily trade activities and ensure compliance with regulations.
- Company: Dynamic financial services firm with a focus on collaboration.
- Benefits: Competitive salary, career growth, and a supportive work environment.
- Why this job: Be a key player in regulatory reporting and risk management.
- Qualifications: Strong understanding of regulatory requirements and trading processes.
- Other info: Opportunities for professional development and visibility within the company.
The predicted salary is between 36000 - 60000 £ per year.
Join us as a Credit & Trading Manager. We’ll look to you to manage daily trade and transaction activity ensuring adherence to the control framework and compliance with regulatory obligations. Provide oversight and support to frontline in relation to regulated and credit submissions, identify and escalate key risks to support reporting requirements.
You’ll provide input into regulatory reporting initiatives, through your expertise and knowledge of regulations, data analysis and issue remediation. As a key member of our team, you’ll enjoy extensive collaboration and can expect great visibility for you and your work. This job can be based in Isle of Man and Jersey but you’ll need to clearly state on your CV that you have the right to live and work in these locations.
What you’ll do:
- Demonstrate a strong sense of ownership by identifying, investigating and escalating any breaches in regulatory reporting within the required timeframes and through the appropriate governance forums.
- Work proactively with stakeholders to ensure compliance breaches are remediated in order for the business area to remain within agreed risk appetite statements.
- Undertake activities including, but not limited to timely, accurate, and execution of Client Orders.
- Daily management and reconciliation of business credit positions.
- Act as deputy at governance forums, to ensure daily processes are being completed within agreed service level agreements.
- Monitor and challenge exception management, reconciliations, controls and process issues, as well as investigation and remediation plans.
- Provide root-cause analysis of reporting issues, as well as impact and materiality assessments.
- Support operational readiness and preparation for new and changed regulations.
The skills you’ll need:
- A strong understanding of regulatory reporting requirements, coupled with a good understanding of relevant asset classes and structured trading businesses, ideally experienced through a trade reporting or middle office environment.
- A good understanding of the front to back processes in order to maintain a stable and controlled regulatory reporting environment.
- The ability to build, develop and engage strong relationships with stakeholders.
- An excellent understanding and appreciation of risk and control frameworks, including process documentation, control documentation and supervisory frameworks.
Credit & Trading Manager employer: NatWest Group
Contact Detail:
NatWest Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit & Trading Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their regulatory framework and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management and compliance. Use the STAR method (Situation, Task, Action, Result) to structure your answers and make them impactful.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team as a Credit & Trading Manager.
We think you need these skills to ace Credit & Trading Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Credit & Trading Manager role. Highlight your experience with regulatory reporting and risk management, as these are key aspects of the job. We want to see how your skills align with what we’re looking for!
Showcase Your Expertise: In your application, don’t shy away from showcasing your knowledge of regulations and data analysis. We’re keen on candidates who can demonstrate their understanding of compliance and trading processes, so let that shine through!
Be Clear About Your Location: Since this role can be based in the Isle of Man or Jersey, make sure to clearly state your right to live and work in these locations on your CV. We need to know you’re ready to hit the ground running!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at NatWest Group
✨Know Your Regulations
Make sure you brush up on the latest regulatory reporting requirements relevant to the role. Being able to discuss specific regulations and how they impact trading activities will show that you’re not just familiar with the basics, but that you’re ready to take ownership of compliance.
✨Demonstrate Your Analytical Skills
Prepare to showcase your data analysis skills during the interview. Bring examples of how you've used data to identify issues or improve processes in previous roles. This will help illustrate your ability to provide root-cause analysis and support operational readiness.
✨Build Rapport with Stakeholders
Think about how you can demonstrate your relationship-building skills. Be ready to share examples of how you've successfully collaborated with stakeholders in the past. This will highlight your ability to engage effectively and ensure compliance breaches are remediated.
✨Showcase Your Problem-Solving Abilities
Be prepared to discuss specific challenges you've faced in previous roles, particularly around exception management and process issues. Highlight how you approached these problems and what the outcomes were, as this will show your proactive mindset and ownership of your work.