Join us as a Collateral Operations Associate
- If you have previous experience in investment banking, with an understanding of the OTC derivatives market, this could be your ideal role
- Working within Collateral Operations, you’ll be making sure that all enquiries and requests are responded to in a timely and accurate manner
- You’ll be well placed to build networks as you engage in a range of stakeholder collaboration activities
- We're offering this role at associate level
What you'll do
As a Collateral Operations Associate, you’ll be taking responsibility for all operational aspects of client static data management, margin call issuance and portfolio reconciliation, alongside the query management for these processes. With high levels of attention to detail, you’ll ensure the accuracy and completeness of the trade information that’s needed to perform these functions. And you’ll be maintaining internal stakeholder management, reporting and monitoring, with operational compliance to market regulations.
Day-to-day, you’ll be:
- Making sure that all daily processes are complete on time and that reconciliation is performed and delivered
- Maintaining a thorough review of daily tasks, and resolving all daily exceptions and discrepancies by working collaboratively with front office and internal teams
- Making sure that all enquiries and requests are responded in a timely and accurate manner
- Identifying and escalating risks and control gaps, and making sure that all relevant policies and regulations are adhered
The skills you'll need
You’ll need to have previous investment banking experience along with a passion for delivering excellent levels of service to clients. We’ll look for you to have good attention to detail, and excellent organisational skills to prioritise high volumes of work.
You’ll also need:
- A good understanding of the OTC derivatives’ front to back trade life cycle, and strong knowledge of the regulations impacting the OTC derivative market
- A good understanding of ISDA and CSA definitions related to collateral management
- The ability to work well as part of a team and commit to supporting team objectives
- Previous experience as team leader or in a supervisory role
Hours
45Job Posting Closing Date:
09/10/2026Skills Required
- Previous experience in investment banking
- Understanding of the OTC derivatives front-to-back trade life cycle
- Strong knowledge of regulations impacting the OTC derivatives market
- Understanding of ISDA and CSA definitions related to collateral management
- Previous experience as a team leader or in a supervisory role
- Strong attention to detail
- Excellent organizational skills and ability to prioritize high volumes of work
- Ability to work collaboratively and support team objectives
- Commitment to delivering excellent client service
NatWest Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NatWest Group and has not been reviewed or approved by NatWest Group.
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Flexible Benefits — A flexible ValueAccount structure with pension and benefit funding allows tailoring of health, protection, lifestyle, and savings options, with unused amounts typically paid as cash. This flexibility supports personalisation of coverage, particularly in Great Britain where the framework is most detailed.
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Retirement Support — Employer-funded pension contributions are provided on top of salary in Great Britain, alongside automatic retirement enrollment and share/save programs. This creates structured long‑term wealth support as part of total reward.
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Parental & Family Support — UK policies outline extended maternity, adoption and equal partner leave on full pay with a phased return, plus paid neonatal care leave. These provisions are positioned as market‑leading and complement broader flexibility resources.
NatWest Group Insights
What We Do
We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.
