Finance Analyst - Rates Validation

Summary about this job

Detail information about job Finance Analyst - Rates Validation. Terms and conditions vacancy

• Knowledge of Finance Markets and products
• Join Global Product Control in the Rates Validation
• Opportunities for career progression

We’re NAB

Today, we have more than 33,000 people serving 10 million customers at more than 800 locations in Australia, New Zealand and around the world. We know that to be Australia and New Zealand’s most respected bank, we need to be more than good with money. We need to be just as good with people, too.

We strive to embrace diversity of thought, style and working arrangements to ensure our workforce is representative of the community that we serve. We believe in people with ideas and dreams, and we want you to achieve your aspirations. At NAB we work together to deliver exceptional outcomes that push the limits of expectations. Our passion about creating value and exceeding our customers' expectations means we're constantly striving to redefine our standards of excellence.

About the role

The role of Analyst Rates Validation will be to provide support in assisting with the daily validation of Revaluation Rates within the Rates Validation (RV) team.  The RV team performs the core validation function across a wide range of instruments such as bonds, commodities, futures, swaps, FX, Interest Rate Options and many other derivatives that are traded within the bank.  It will be your remit to ensure a robust rates and revaluation framework is established for all Markets traded products and the bank’s balance sheet within Treasury. You will be required to validate market data by running key daily processes, preparing month end rate validation reports, undertaking statistical analysis, develop and maintain worksheets used to support daily rates validation processes. In addition there are further challenges once a certain level of experience is attained by participation in the change management process with regard to new rates/curves involving analysis, submission of papers for relevant approvals and co-ordination with the business and technology right through to implementation.  Linking in to projects and co-ordinating delivery of rates to assist in meeting deadlines will also be required as part of this role.

Given the importance of the daily processes, the successful applicant must be self-motivated and able to perform 'business as usual' tasks in a timely and accurate manner whilst also engaging with new material and furthering their own understanding of financial services

Skills and experience

To succeed in this role, you must be able to work in a fast-paced, at times ambiguous and complex environment and have:

• Understanding of Financial Markets and Products.
• Demonstrated understanding of market data systems/providers.
• Sound skills using Excel and exposure to more advanced Excel functionality and VBA would be ideal.
• Ability to quickly comprehend new concepts and convey these to others.
• Able to diligently and accurately deliver to a daily cycle as part of a team.
• Strong attention to detail and the ability to work under pressure to meet deadlines.
• Strong communication skills, both verbal and written coupled with the ability to liaise with a range of stakeholders confidently.
• Industry experience in Products & Markets, Business Banking or a variety of other fields may be applicable.
• Tertiary qualification, preferable with a finance, statistics and/or mathematics related disciplines.
• Additional qualifications such as CFA, etc would be highly regarded.

Culture

We believe in people with ideas and dreams, and we want you to achieve your aspirations. At NAB we work together to deliver exceptional outcomes that push the limits of expectations. Our passion about creating value and exceeding our customers' expectations means we're constantly striving to redefine our standards of excellence.

Benefits

At NAB, we provide access to a large number of exclusive employee benefits that will support you both personally and professionally. These include volunteer leave, education and learning benefits and banking & financial services discounts for example. Visit our benefits page for more information http://www.nab.com.au/about-us/careers/working-at-nab/benefits

How to apply

If you are ready to take the next step in your career, we are keen to hear from you!

Please note, candidate screening and interviews may take place prior to the advertised close date.

To be eligible to apply, you must have Australian or New Zealand citizenship or permanent residency status. Please apply via the link.