Exotic Trade Review Analyst

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • RBS
  • 21 Aug 18 2018-08-21

See job description for details

The Business
Join NatWest Markets in London as an Exotic Trade Review Analyst

  • This role will see you controlling and supporting the trading activity of our front office by reviewing trades against the prescribed documentation, and ensuring that trades are booked to agreed standards
  • Joining this small team of specialists, you'll enjoy a collaborative and supportive team culture that offers several development opportunities
  • This role is available at analyst level

What you'll do

We'll look to you to review exotic trades, ensuring all are booked in line with the NatWest Markets product taxonomy, and maintain required governance of the taxonomy rules. You'll also highlight deviations from standard practice to enhance consistency and control. Recognised as a primary point of contact for a wide range of stakeholders, you'll provide expertise and solutions to queries.

As well as this, you'll:
  • Review new business approvals in line with BTTAP policy
  • Help to coordinate Proxy Reviews amongst front office, middle office, Finance and other Risk functions
  • Monitor trades unclassified in the NatWest Markets product taxonomy, investigating root cause of breaks, and following through to resolution
  • Implement changes to the taxonomy rules in line with approved operating models and governance controls
  • Identify any potential operational risk that may arise from trade booking

The skills you'll need

We are looking for somebody with an analytical and diligent mind set, and excellent communication skills, able to work with a wide range of stakeholders. Your remit will cover a broad range of products and asset classes, so the ability to learn quickly with a flexible approach is also required.

Along with an understanding of the mechanics of structured derivatives and hedging products, you'll have the ability to get to the root cause of issues and drive them through to resolution. You'll also be highly numerical with astute attention to detail.

In addition to this, you'll demonstrate:
  • An understanding of the front to back trade lifecycle
  • A solid grasp of relevant documentation, including ISDA definitions
  • The ability to understand exotic and vanilla derivative products
  • A proactive approach, and the ability to ask probing questions in order to gather relevant information to resolve issues and ensure robust controls are maintained

How we'll reward you

In return, we offer a competitive salary plus 15% cash and benefit funding programme that can be tailored to suit your individual needs. In addition, we provide a wide selection of exclusive lifestyle offers, development and learning programmes, services and support designed to help you manage and balance your work/life priorities.

Visit our reward and benefits page for more information on the benefit packages we offer.


At RBS, we want everyone to feel welcome, regardless of your background or needs. If you need adjustments making to your working environment, we'll do everything we can to support you. As part of this commitment, we offer flexible working options for some of our roles - find out more .

As a Financial Services organisation we comply with and support the requirements set by our Regulator, the Financial Conduct Authority (FCA), which are designed to protect our customers. This role falls under Conduct Rules of the Individual Accountability Regime (IAR) and is subject to pre-employment screening. This means if your application is successful, you'll need to satisfy some important background checks before you can start working with us. These will include a full credit check, a criminal record check, residency and right to work checks.