Upgrade to Pro Member
Views:154030 Applications:2079 Rec. Actions:Recruiter Actions:404
Product Control Role - P&L - Investment Bank (1-6 yrs)
Product Control - P & L
Role :
- To ensure that the daily P & L is accurately reported to the FO & reconciled between P & L tools & management reporting tools.
- To ensure that the relevant P&L and Balance sheet positions are correctly reported at month ends and that the applicable reconciliation have been completed and all issues identified/resolved.
- Providing daily commentary on P&L swings and variance investigation to Front office traders and senior finance managers
- To ensure that the controls are adhered to.
- To coordinate the completion and delivery of the tasks allocated to the team.
- To provide advice to the business on the P&L impact of trades and the interaction of the Front and Back Office systems, especially regarding trades and proposed new workflows.
- To ensure that applicable accounting standards are adhered to regarding P&L and Balance Sheet reporting.
- To ensure that Global policies are adhered to at all times and are kept fully up to date with any changes in the business requirements
- To act as trouble shooter within the team.
Skills :
- Strong knowledge of key Financial Reporting
- Strong analytical skills and detail oriented
- Broad understanding of the product types traded by the desk and any valuation issues thereof.
- Ability to understand the booking structure for complex trades and raise relevant issues to Product Control management.
- Good understanding of the P&L production and reporting methodology for the P&L's.
- Good understanding of the relationship between Valuations and P&L teams within the bank and the various areas of interaction required.
- Good understanding of the valuation of all products under their control
- Broad overview of Product Control's interaction with Regulatory Reporting
- Confident in double entry accounting associated with products under their control
- Awareness of all Global Policies that impact the area that they control
- MS office - Intermediate level
- Ability to train other members of Finance on the products.
- Good understanding of the Financial Markets as they relate to the Products under their control.
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.
2-Step Verification - Action Required
We've updated our security procedures!
Your privacy and security are important to us. We've recently updated our security measures to make iimjobs.com safer and more secure for you. This change requires you to reset your password.
Please reset your password using the link sent to your email. If you did not receive any email, please check your spam folder..
