Independent Price Verification Associate

Join us as an Independent Price Verification Associate

• Be instrumental in safeguarding valuation integrity by performing Independent Price Verification (IPV) activities and related requirements for NatWest Markets and other relevant entities
• Ensure confidence by validating that Front Office traded instruments are accurately priced in line with approved models, methodologies, and regulatory requirements
• Drive continuous improvement in processes by producing and enhancing IPV, Prudent Valuation, and associated processes on a daily, weekly, and monthly basis
• We're offering this role at associate level

What you'll do

As an Independent Price Verification Associate, you’ll operate and enhance controls, end user developed applications, and IT systems used to record, process, and manage IPV. You’ll also prepare management information (MI) used for managing the IPV service for NatWest Markets, while supporting ad-hoc activities related to new trades, deals, or business changes that have an IPV impact, including managing stakeholders and influencing colleagues to achieve the right outcomes.

Working as part of a team, you’ll be accountable for completing assigned IPV processes and, where required, reviewing the work of peers or junior colleagues. You’ll also be responsible for ensuring controls operate effectively and that evidence is accurately documented, including providing appropriate oversight of junior team members.

In addition, you’ll be:

• Accountable for producing MI, or data used in MI, in relation to the products covered
• Checking data integrity, investigating issues, and escalating concerns to ensure timely remediation
• Accountable for responding to stakeholder queries and challenges related to the products covered

The skills you'll need

We’re looking for someone with strong Microsoft skills, including PowerPoint, Excel, Co-Pilot, and supporting features such as SQL. You must also have experience working with large data sets, including analysing trends and identifying issues.

Additionally, you’ll need to bring an understanding of products held on an investment bank's balance sheet, including exposure to one or more of derivatives across asset classes, foreign exchange products, bonds, and repos, as well as experience working in a product control, IPV, or similar function within a complex global bank.

Furthermore, you’ll need:

• Atleast three years of experience and be a chartered accountant, hold an MBA, or have other recognised qualifications in finance
• Strong knowledge of accounting and regulatory requirements impacting products such as derivatives
• A deep understanding of basic statistical concepts and models
• Experience in a MNC Financial service/consultancy firm experience OR Market data vendor firm experience.

Hours

Job Posting Closing Date: