Associate Product Control - Markets and Treasury

Associate Product Control - Markets and Treasury Job no: 793220 Business unit: Finance Primary position location: 2 Carrington St, Sydney, NSW Work type: Permanent Full time Region: NSW- Sydney CBD

• You'll work collaboratively with colleagues across teams to leverage best practices and maximise efficiency while achieving outcomes.
• Culture of being able to bring your 'true self' to work and genuinely valuing and supporting diversity.
• Amazing opportunity to showcase your profound experience in a Product Control Function.

It's more than a career at NAB. It's about more opportunity, more moments to make a difference and more focus on you. Your job is just one part of your life. When you bring your ideas, energy, and hunger for growth to us, you'll be recognised and rewarded for your contribution in return. You'll have our support to excel for our customers, deliver positive change for our communities and grow your career. It's a good time to see what more you can find at NAB as an Associate within Markets and Treasury Control. As the Senior Associate for our Markets and Treasury Controls team, you will provide Product Control support and analysis for the Markets & Corporate Finance businesses which are part of the Corporate & Institutional Banking ('C&IB') division of NAB. This role sits within the Product Control team that supports the Fixed Income and Treasury businesses. Responsibilities include, but not limited to:

• Compilation of daily profit and loss reporting for specified desks within the C&IB division (Derivative Trading), ensuring the accuracy and integrity of the bank general ledger.
• Comprehensive P&L analysis and attribution work including realised and unrealised P&L, new trades, amended trades, accruals, transfer pricing.
• SME knowledge of desk trading products including fixed income securities and associated derivative products.
• Analysis and control of accounting processes and practices for proposed new product initiatives, product variations or new business structures.
• Completion of the month, quarter, half year, and year end statutory and regulatory reporting processes for specified desks within C&IB.
• Contributing to the key strategic initiatives of C&IB Finance, C&IB and NAB.
• Participating in system and product upgrade projects and initiatives.

What you will bring:

• Strong financial control and accounting disciplines along with key technical knowledge of Fixed Income , Derivatives and Repo products, P&L decomposition, and trading risk metrics.
• Experience in Finance and Accounting in a large organisation, preferably with exposure to Trading Derivatives advantageous.
• Prior experience in a Product Control Function, ideally at a major bank within a markets control team.
• Good working technical understanding of valuations of financial products.
• Possess numeracy and analytical skill for numeric analysis and evaluating outcomes to identify key issues, trends, and themes from large volumes of complex information.
• Actively building relationships within and across business streams, functional areas, and regions.
• Experience as a subject matter expert who can provide guidance and support to junior colleagues within the team.
• Degree in finance/accounting, ideally with post graduate studies in mathematics or associated discipline, full CA or CPA qualification preferable.

By joining NAB and our Finance team, you are committing to putting our customers' needs first every time. You will be ambitious for growth; always curious and learning from colleagues. You will speak honestly, always valuing the time and opinion of others. You will own your work, doing what's right, even when it's hard. A diverse and inclusive workplace works better for everyone. At NAB, we're intent on building a culture we can all be proud of. One based on trust and respect. An uplifting environment where every single one of us feels appreciated and empowered to be our true, authentic selves. A diverse and inclusive workplace where our differences are celebrated, and our contributions are valued. It's a huge part of what makes NAB such a special place to be. More focus on you We're committed to delivering a positive experience for our colleagues and a workplace you can be proud of. We support our colleagues to balance their careers and personal life through flexible working arrangements such as hybrid working and job sharing and competitive financial and lifestyle benefits. We invest in our colleagues through world class development programs (Distinctive Leadership and Career Qualified in Banking), and empower you to learn, grow and pursue exciting career opportunities. For more information, please click here. Join NAB If you think this role is the right fit for you, we invite you to apply. If you require any reasonable adjustments to the recruitment process or the role, please let the recruitment consultant know. To be eligible to apply, you must have Australian or New Zealand citizenship or Australian permanent residency status. Please note candidate screening and interviews may be conducted prior to the closing date of the job advert. Please note unsolicited CVs from agencies will not be accepted. Advertised: 04 Apr 2024 6:00 AM AUS Eastern Daylight Time Closing: 12 Apr 2024 11:55 PM AUS Eastern Standard Time