Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive.
This role is based in the United Kingdom and as such all normal working days must be carried out in the United Kingdom.
Job Description
Join us as a Valuation Policy Manager
* In this critical role, you'll be providing valuation advice and guidance across the bank and be responsible for helping set and maintain the bank's valuation policies
* You'll build strong working relationships across the bank in both ring-fenced and non-ringfenced entities and help the bank deliver on strategic initiatives, benefitting from high visibility as a result
* You'll be a valued member of a small team of experts working closely with accounting and regulatory policy experts, and you'll enjoy an inclusive working environment where diversity is celebrated
* We're offering this role for a period of 12 months
What you'll do
As a subject matter expert, you'll provide guidance on valuation techniques, lead independent analyses for a range of business needs, and ensure our approaches are robust, accurate, and compliant with industry standards. You'll contribute to the successful running of valuation committees, and foster knowledge sharing through tailored training sessions.
By supporting integrated policy development and continuously enhancing best practices, you'll help maintain the bank's leadership in valuation excellence.
Your role will also involve:
* Contributing to setting our fair value policy and helping to maintain the accounting handbook
* Advising and reviewing the value of financial assets and liabilities transferring between different group entities
* Independent fair value assessment of portfolios of assets being acquired through corporate development projects
* Contributing to committees and forums such as IPV meetings and valuation committees
* Ensuring best practice and consistency for fair valuation across the group
* Understanding and contributing to good model governance within Finance, particularly around fair value models
* Understanding fair valuation practices across the financial industry, and how they compare to NatWest
The skills you'll need
To be successful in this role, you'll need valuation knowledge gained in a trading book control role such as IPV or Product Control. We'll also expect you to have the ability to identify, build and enhance key relationships, credibly influence and challenge and convey complicated concepts clearly when needed.
In addition, we'll look for you to have:
* An up-to-date understanding of best practice in developing accounting policy and practice and its application in a commercial context
* Expert data manipulation skills as an Excel superuser with strong data visualisation skills
* Strong organisational skills as a self-starter with an ability to work independently
* Strong communication skills, with the ability to articulate issues clearly and succinctly