Join us as a Repo & Risk Transformation Associate, NV Trading & Portfolio Management
- This is an opportunity to help manage Private Financing businesses and develop deep expertise in secured funding and risk transformation while collaborating across front office, structuring, legal, and operations
- You'll support the trading and management of risk within NatWest Markets N.V., and lead the pricing, execution and life-cycle risk management of new and existing transactions
- You'll gain valuable exposure as you work across Product, Sales and Portfolio teams, building your market knowledge and developing a broad understanding of structured financing activities
Repo & Risk Transformation Trading includes raising funding for the Bank through repo, collateral exchange, structured deposits or structured notes, delivering short- and long-term financing to institutional clients through reverse repo and providing capital, hedging and risk management solutions to institutional clients via derivatives and structured products.
You’ll be:
- Managing the daily market, credit, and operational risk profile of the portfolio, overseeing transaction lifecycle events, and supporting trading activities
- Creating analysis and insights to support customers, our business and management
- Partnering with sales, structuring, and trading teams to deliver client-specific strategies, including yield enhancement, risk transfer, and structured funding products
- Taking ownership of trade execution processes which will involve pricing, booking, drafting and reviewing documents, liaising with structuring, legal and compliance teams
- Working closely with operations, middle office, settlements, and external counterparties to ensure timely trading, issuance, settlement, and booking, minimising operational risk and ensuring a seamless client experience
Our bank is committed to developing future talent while delivering safe, sustainable and well-managed growth. We’re looking for a self-motivated and proactive individual who thrives in a collaborative environment, takes ownership, and consistently seeks to improve processes and outcomes for the bank and its clients. You’ll combine this with experience using Excel/VBA, Python, or other programming languages for automating workflows and analysing data.
You'll be required to have relevant experience in financial institutions or in financial markets. Familiarity with the European regulatory framework applicable to secured funding would be an advantage, and there will be opportunities to develop this knowledge in the team.
You’ll also demonstrate:
- Knowledge of structured products, asset classes or other relevant product areas
- An understanding of fixed income markets, secured funding markets, derivatives, repo and securitisation assets
- Knowledge of credit analysis, bank liquidity and capital metrics, asset and liability management, bank capital and RWA utilisation
- Excellent written communication skills, with the ability to present information, analysis and recommendations clearly and concisely
- Strong analytical skills, enabling you to interpret data, assess risk and support commercial decision-making
Hours
35Job Posting Closing Date:
23/09/2026Skills Required
- Relevant experience in financial institutions or financial markets
- Strong quantitative and modelling skills
- Experience using Excel/VBA, Python, or other programming languages for workflow automation and data analysis
- Knowledge of structured products, asset classes, or related product areas
- Understanding of fixed income markets, secured funding markets, derivatives, repo, and securitisation assets
- Knowledge of credit analysis, bank liquidity and capital metrics, asset and liability management, bank capital, and RWA utilisation
- Excellent written communication and ability to present analysis and recommendations clearly
- Strong analytical skills for interpreting data, assessing risk, and supporting commercial decisions
- Familiarity with the European regulatory framework applicable to secured funding
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.









