Derivatives Officer

NAB are looking for someone with a passion for finance to support their Derivatives processes.

Your new company

Working at NAB offers a unique opportunity to be part of an organisation that is at the forefront of the Banking industry. NAB’s culture is designed to promote excellence and collaboration while providing employees with the support and resources they need to succeed both professionally and personally.


Your new role

If successful, you will join 1 of 2 teams;


Derivatives; Confirmations

  • Oversee the confirmation process for all the bank’s derivatives products, including interest rates, commodities, and foreign currency.

  • Issue transaction confirmations for NAB and generate corresponding reports for customers.

  • Follow up on confirmations from large corporate and institutional banks via email or phone

  • Ensure clients sign and return confirmations, verifying signatures and checking for discrepancies.

  • Conduct reconciliations and generate reports using system data.

  • Manage outstanding trades, which can vary significantly throughout the day.

  • Investigate and escalate discrepancies to traders as needed.


Derivatives; Market Client Servicing

  • Manage client reporting, adhering to strict deadlines and cut-offs.

  • Handle collateral management, including managing client and bank collateral and arranging settlement bookings.

  • Oversee email communications and automated reconciliations, managing exceptions as needed.

  • Facilitate same-day collateral exchanges, ensuring agreements are confirmed and payments processed.


This role is an initial full-time 12-month temporary assignment with a view to extend. You will be required to work from Mon – Fri between 8:30am – 5:00pm working 38 hours per week. You will be based at 395 Bourke Street, have a hybrid working environment and be paid $35.86 + Super and will commence on 6th January 2025.


What you'll need to succeed
  • An operational background is essential
  • An understanding of derivatives or experience in banking would be highly regarded
  • High attention to detail
  • Adaptability and the ability to thrive in a fast-paced environment


What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion on your career.



LHS 297508

Summary

Job Type
Temporary
Industry
Banking & Financial Services
Location
VIC - Melbourne CBD
Specialism
Banking
Pay
$35.86 + Super
Ref:
2905362

Talk to a consultant

Talk to Grace Adamson, the specialist consultant managing this position, located in Melbourne
Level 21, 360 Collins Street

Telephone: 0396049551