At a Glance
- Tasks: Support financial control activities and deliver high-quality reporting outputs.
- Company: Join a dynamic team in the banking sector with significant exposure to senior stakeholders.
- Benefits: Gain valuable experience, network with professionals, and advance your career.
- Why this job: This role offers a chance to enhance your expertise while driving impactful change.
- Qualifications: Experience in financial control delivery and knowledge of international accounting standards preferred.
- Other info: Banking experience is a plus, but not essential; strong relationship-building skills are key.
The predicted salary is between 36000 - 60000 £ per year.
Join us as a Banking Product Control Analyst
- This is an opportunity to support the delivery of end-to-end financial control activity
- With significant exposure, you’ll enjoy networking with senior stakeholders across Finance
- Gain valuable experience and hone your expertise as you advance your career in this challenging role
What you\’ll do
As a Banking Product Control Analyst, 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. If you have banking experience, this is beneficial but not essential.
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 impact
- An understanding of intercompany and contra account usage requirements and intercompany reconciliations and substantiation
Banking Product Control Analyst employer: NatWest
Contact Detail:
NatWest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking Product Control Analyst
✨Tip Number 1
Make sure to familiarize yourself with international accounting standards, as this knowledge is crucial for the Banking Product Control Analyst role. Brush up on the latest regulations and practices to demonstrate your expertise during networking opportunities.
✨Tip Number 2
Focus on building relationships with professionals in the financial services sector. Attend industry events or webinars where you can connect with potential colleagues and stakeholders, showcasing your ability to enhance key relationships at a senior level.
✨Tip Number 3
Gain experience in process improvements and system implementations. Look for opportunities to participate in projects or initiatives that involve change management, as this will highlight your capability to deliver change in a financial environment.
✨Tip Number 4
Prepare to discuss your experience with reconciliations and reporting outputs in detail. Be ready to share specific examples of how you've handled ledger close processes and balance sheet substantiation, as these are key responsibilities of the role.
We think you need these skills to ace Banking Product Control Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Banking Product Control Analyst position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in financial control delivery and reporting outputs. Mention any specific projects or roles where you undertook reconciliations, accounting, or management reporting.
Showcase Your Skills: Clearly outline your knowledge of international accounting standards and your ability to build relationships with senior stakeholders. Use specific examples to demonstrate how you've successfully navigated similar challenges in previous roles.
Tailor Your Application: Customize your cover letter to reflect your understanding of the company’s values and how your background aligns with their needs. Mention your enthusiasm for supporting change initiatives and process improvements in a financial services environment.
How to prepare for a job interview at NatWest
✨Show Your Financial Control Expertise
Be prepared to discuss your experience with financial control delivery and reporting outputs. Highlight specific examples of how you've managed ledger close processes, balance sheet substantiation, and statutory reporting.
✨Demonstrate Relationship-Building Skills
Since this role involves establishing strong working relationships with key stakeholders, think of instances where you've successfully built rapport with senior management or cross-functional teams. Share these stories during the interview.
✨Prepare for Change Management Questions
Expect questions about your experience with change initiatives and process improvements. Be ready to discuss how you've contributed to system implementations or enhancements in a financial services environment.
✨Understand International Accounting Standards
Brush up on international accounting standards and be ready to discuss how they apply to the role. This knowledge will demonstrate your preparedness and understanding of the regulatory landscape.