Hedge Accounting Manager

Company: NatWest Group
Apply for the Hedge Accounting Manager
Location: London
Job Description:

Join us as a Hedge Accounting Manager

  • We’ll look to you to manage the hedge accounting processes of the organisation and the control framework
  • You’ll maintain effective cash flow and fair value accounting hedges for our organisation, linking external and internal derivatives to the range of underlying balance sheet positions using your knowledge and systems
  • This role will provide you with a platform to keep building your knowledge and expertise, and offers great exposure for you and your work

What you’ll do

As a Hedge Accounting Manager, you’ll be managing the profit and loss volatility generated by derivative hedging instruments using a range of methodologies.

You’ll also be managing the accounting standards requirements, including effectiveness testing, external disclosures and developing a robust methodology to support persistency arguments that underpin our bank’s macro cash flow hedging programme.

In addition, you’ll be:

  • Providing technical accounting guidance to support with the structuring of transactions
  • Working with IT support to develop our hedge accounting platforms
  • Supporting projects across the wider team, including hedge accounting support for strategic projects
  • Producing and reviewing management information for distribution to senior executives within Treasury and other senior management
  • Managing the hedge accounting processes of the business and the control framework around hedge accounting
  • Understanding and articulating the drivers of the profit and loss derivative volatility to senior management and the executive supporting of the development of hedging solutions

The skills you’ll need

To succeed in this role, you’ll need technical knowledge of the requirements of international accounting standards and an understanding of emerging accounting requirements as they relate to financial instruments and hedge accounting.

You’ll have a strong awareness of the control environment required to support hedge accounting, including trade substantiation, evidencing the relationship between hedge accounting transactions and the underlying exposures, and applying robust governance and control standards.

You’ll also need:

  • A track record of successfully applying accounting concepts to add value in a financial environment
  • A good understanding of market risk concepts
  • Good IT knowledge, including Excel, prompt engineering and generative AI tools
  • A track record of building relationships with technical and non-technical stakeholders across our business
  • The ability to work under pressure and to handle change in a fast-paced environment
  • Good interpersonal and communication skills, with the ability to work across different teams and levels

Hours 35

Job Posting Closing Date:

26/10/2026

Ways of Working:Hybrid

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Posted: October 22nd, 2026