Job Description:

•  P&L and B/S substantiation and reporting (including P&L explain / attribution, reconciliations, P&L commentaries, adherence to accounting principles, etc.).

•  Monitoring trading activity for compliance with various related policies.

•  Providing management with technical and operational analysis of the business unit.

•  Regular interaction with FO business, Financial Control, Technical Accounting Group, PC Change Management, Technology and other infrastructure areas.

Daily Responsibilities:

•  Review daily P&L, including understanding risk positions and market moves for P&L explanation, and review of flash vs formal differences. 

•  Engage in detailed discussion with traders and risk managers on risk positions and P&L.

•  Ensure that the team’s KPI and SLA are met.

•  Attend to ad hoc queries from the traders and other infrastructure partners relating to trading revenue and Balance Sheet.

Weekly / Monthly Responsibilities

•  Review key weekly & monthly MIS to senior management.

•  Gain in-depth understanding of provisioning and price testing controls and processes, and review the month end working. 

•  Engage in detailed discussion with traders, risk managers and Independent Valuation Control team on the results. Liaise with valuation expert on modelling appropriateness and other technical/booking issues. 

•  Perform detailed review of month end adjustments, and Balance Sheet substantiation 

Controls

•  Ensure the maintenance of a strong internal control environment. Monitor control reports to ensure accuracy of data for P&L, validation and downstream processes. 

•  Raise the team’s level of control awareness. Lead by example and engender a strong control culture. 

•  Ensure clean audit results from internal and external reviews. Be the owner of key stroke documentations for key PC processes, risk assessment and SOX documentation.

•  Ensure adherence to and compliance with governance, risk policies, procedures and compliance policies.

Projects and Continuous Improvements

•  Identify and drive process re-engineering and constantly challenge status quo for control improvement and process efficiency. 

•  Motivate and empower the team to deliver continuous improvements. 

•  Identify process improvement opportunities.

What we’re looking for:

•    Qualified accountant (CA)

•  CFA / Masters in Finance / Financial Engineering would be an advantage

•  Product control experience in Investment bank for at least 4 years 

Technical knowledge / skills: 

•  In-depth knowledge of Financial product and markets of the relevant asset class

•  Good understanding of end-to-end processes of an IB and associated controls

•  Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and London as part of a global team (written and verbal)

•  Excellent time management skills and able to prioritise

Skills that will help you in the role:

•    Strong control awareness 

•  Confident and assertive manner

•  Ability to work independently with a spectrum of people from junior finance staff to front office business heads.

•  Proactive and change focused with problem solving ability.

•  Mature and able to negotiate through difficult situations

•  Ability to drive the team’s agenda in large forums spread across various locations. 

•  Good influencing and negotiation skills and excellent communication and interpersonal skills.

•  Displays enthusiasm, initiative and diligence.

•  Works well in a team with high standards for team work 

Leadership requirements

•  Judgment – Balances short-term & long term goals, manages ambiguity well, is an astute risk taker, can see things in new and innovative ways and understands the business.

•  Influence – Adept at influencing and aligning colleagues to make things happen, builds trusting and collaborative relationships, knows self deeply and creates teams to complement own strengths.

•  Execution – Turns strategy into results, measures, manages and delivers performance, always delivers on promises. Excellent analytical and problem-solving skills and the ability to be creative and to “think outside the box”.

•  Drive – Passionate about making a difference, relentlessly seeks out and overcomes major challenges, has real drive and determination, continuously raises the bar and is emotionally resilient. Proven track record in delivering to tight deadlines under pressure.

•  Excellent Communication & Presentation - Excellent people-management and relationship-building skills with ability to operate at most senior levels.

•  Process improvement – drives through change and process re-engineering by continuously leaning and streamline processes.

Language: 

o  Ability to speak /write English fluently

o  Personal attributes essential to performing role: e.g. essential/desirable skills, competencies, expertise, knowledge, and experience