Job Description - AVP Hedge Fund Accounting:

1. This role will require partnership with Front Office risk management functions and the Product Control team to build and maintain complex hedge arrangements to control income volatility from the Group Treasury derivative book.

2. Hedge Accounting Daily Activity and monitoring.

3. Arrangement and monitoring of IAS Hedge Accounting and Reporting for cash flow, fair value hedge arrangements, in accordance with set procedures

4. Maintaining details of hedge arrangements in hedging systems, including replicating interest swaps in risk management system and modelling of potential hedged items.

5. Production of and analysis of the daily accounting risk strip and liaising with the treasury business to determine if adjustments are required to the hedge relationships.

6. Hedge effectiveness testing in accordance with IAS39

7. Month end processing in order to appropriately records the results of hedge accounting unit

8. Collation and measurement responsibilities for monthly, quarterly and annual returns and monthly management information packs.

9. P&L analysis of the Hedge Accounting

10. Production of Monthly management information for a variety of different stakeholders.

11. Develop a sound understanding of key processes from detailed discussions with key stakeholders.

12. Provide management with technical and operational analysis of the team’s results.

13. Draw sound conclusions to present to stakeholders.

14. Ensure the maintenance of a strong internal control environment.

15. Ensure completeness and accuracy of key documentation for processes, risk assessments and SOX documentation.

16. Identify and drive process re-engineering and constantly challenge for control improvements and efficiencies.

17. Work on other projects when required.

Desired Candidate:

1. High level of accounting and financial technical knowledge (qualified accountant) – specifically IAS39, IFRS 7 & IFRS 9.

2. Excellent communication skill.

3. Good level of product knowledge

4. Understanding of risk analytics

5. High level of computer application skills

6. Evidence of performance in project work and being able to collaborate effectively with others.

7. Demonstrate appreciation of controls, process enhancement and improvements.

8. Strong excel skills.

9. Numerical degree (2.1 or above) or equivalent

10.Qualified accountant ACA, CIMA or equivalent.

11.Highly diligent with excellent attention to detail

12.Strong team player

13 Desire to challenge where there is opportunity for improvement.

Contact Person:

John#9871850591

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