Job Description
Full job description
Senior Associate, Structured Product
Job number: 801726
Primary position location: NSW- Sydney CBD
Primary position location: VIC- Melbourne CBD
Category: Banking & Financial Services
Category: Corporate & Institutional Banking
Category: Financial Markets
Work type: Permanent Full time
Closing at: Jul 27 2026 - 23:55 AEST
Favourite
Are you an analytical and strategic thinker with a passion for financial markets
Make your impact in a highly engaged team
Permanent opportunity – Melbourne (preferred), open to considering candidates located in Sydney
Our people are customer obsessed. They prioritise the needs and satisfaction of the customer above all else. Our mindset fosters innovation and creates strong, lasting customer relationships as we strive to be the most customer centric company in Australia and New Zealand.
Each day, you’ll go above and beyond to:
As part of the Structured Product (SP) team, work on bespoke products to help clients manage financial risk or gain desired asset exposure, each with unique characteristics and challenges
Support product development and implementation as well as working on specific client transactions
Using Python and Excel (or similar), work with the broader Trading and Sales teams to deliver analytical tools to help client risk management, inform hedging strategies and analyse product viability
Focus on structuring and pricing outcomes, risk management, capital, CVA, FVA and contingent liquidity risk. You will be expected to become comfortable with these concepts and be able to think about how variations to trades will impact these metrics
Assist in the lifecycle management of SP trades, including market data updates, trade maintenance, and monitoring and reporting of risks
Work with Sales, Trading, Quant and eTrading, Risk, Legal and other key stakeholders to support new transactions and new product implementation, specifically by contributing analysis for approvals and supporting information requests
Contribute to discussions with the wider Sales and Trading teams to develop ideas and tailored deal structures to take to clients.
We’re looking for the best and brightest to deliver the best for our customers. You’ll need:
The ability to think through complex problems, undertake quantitative analysis and to communicate solutions in a straightforward manner
Coding experience is desired, preferably in Python
The ability to create mathematical models for quantitative analysis, such as simulating hedge effectiveness or analysing clients’ risk strategies
The ability to engage proactively with stakeholders across Markets and other key areas
Experience in banking/finance, preferably in Markets or other areas in C&IB
A diverse and inclusive workplace works better for everyone
We know that our people make us who we are. That’s why we have built a culture of equity and respect - where everyone feels valued and appreciated for being their authentic selves. In partnership with our multiple Employee Resource Groups (ERGs), we continue to foster an inclusive environment, where all NAB colleagues’ unique backgrounds and identities are understood, respected and celebrated. We are committed to providing an environment where you can work your way.
For details on the recruitment process, and accessibility, or alternate methods to apply for this role, please visit https://www.nab.com.au/about-us/careers/apply-for-job. To discuss adjustment requirements, please contact the NAB Careers team via [email protected] (please reference job number) or visit our Careers page through the link above for other contact options.
Senior Associate, Structured Product
Job number: 801726
Primary position location: NSW- Sydney CBD
Primary position location: VIC- Melbourne CBD
Category: Banking & Financial Services
Category: Corporate & Institutional Banking
Category: Financial Markets
Work type: Permanent Full time
Closing at: Jul 27 2026 - 23:55 AEST
Favourite
Are you an analytical and strategic thinker with a passion for financial markets
Make your impact in a highly engaged team
Permanent opportunity – Melbourne (preferred), open to considering candidates located in Sydney
Our people are customer obsessed. They prioritise the needs and satisfaction of the customer above all else. Our mindset fosters innovation and creates strong, lasting customer relationships as we strive to be the most customer centric company in Australia and New Zealand.
Each day, you’ll go above and beyond to:
As part of the Structured Product (SP) team, work on bespoke products to help clients manage financial risk or gain desired asset exposure, each with unique characteristics and challenges
Support product development and implementation as well as working on specific client transactions
Using Python and Excel (or similar), work with the broader Trading and Sales teams to deliver analytical tools to help client risk management, inform hedging strategies and analyse product viability
Focus on structuring and pricing outcomes, risk management, capital, CVA, FVA and contingent liquidity risk. You will be expected to become comfortable with these concepts and be able to think about how variations to trades will impact these metrics
Assist in the lifecycle management of SP trades, including market data updates, trade maintenance, and monitoring and reporting of risks
Work with Sales, Trading, Quant and eTrading, Risk, Legal and other key stakeholders to support new transactions and new product implementation, specifically by contributing analysis for approvals and supporting information requests
Contribute to discussions with the wider Sales and Trading teams to develop ideas and tailored deal structures to take to clients.
We’re looking for the best and brightest to deliver the best for our customers. You’ll need:
The ability to think through complex problems, undertake quantitative analysis and to communicate solutions in a straightforward manner
Coding experience is desired, preferably in Python
The ability to create mathematical models for quantitative analysis, such as simulating hedge effectiveness or analysing clients’ risk strategies
The ability to engage proactively with stakeholders across Markets and other key areas
Experience in banking/finance, preferably in Markets or other areas in C&IB
A diverse and inclusive workplace works better for everyone
We know that our people make us who we are. That’s why we have built a culture of equity and respect - where everyone feels valued and appreciated for being their authentic selves. In partnership with our multiple Employee Resource Groups (ERGs), we continue to foster an inclusive environment, where all NAB colleagues’ unique backgrounds and identities are understood, respected and celebrated. We are committed to providing an environment where you can work your way.
For details on the recruitment process, and accessibility, or alternate methods to apply for this role, please visit https://www.nab.com.au/about-us/careers/apply-for-job. To discuss adjustment requirements, please contact the NAB Careers team via [email protected] (please reference job number) or visit our Careers page through the link above for other contact options.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Associate, Structured Product position is now open for candidates interested in the Bank Jobs sector. This role in Sydney offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
