Financial Analyst - OTC Valuation

JD for the requirement :

Duties and Accountabilities :

The Financial Analyst will work as part of a team of professionals to meet the group's responsibilities as they relate to the accounting and valuation of financial instruments.

Responsibilities will include the following :

- Preparing and ensuring quality of calculated market data, evaluating data sources, and verifying data reliability

- Producing valuations for the financial instruments portfolios, utilizing Summit and Numerix modeling tools

- Comparing and analyzing WB valuations versus corresponding counter party valuations and other alternative sources

- Verifying trade set-up and trade modifications

- Developing expectations, performing analysis, preparing commentaries, suggesting and implementing solutions in a pro-active manner

- Preparing various financial and management reports, as required by the department or other stakeholders

- Coordinating with external and internal auditors when required.

- Proactively interacting with WFA colleagues and Treasury (TRE) front office business units and other units as required to stay abreast of new / proposed activities that may have accounting, valuation or reporting implications.

- Proactively interacting with other financial institutions to ensure that practices adopted are in line with the market practice. Staying abreast of industry best practice as it relates to valuation / accounting of financial instruments.

- Identifying opportunities for improvements in current processes, initiating improvements within the system and control framework; working with business and technology teams across locations to implement solutions / improvements

- Contributing to requirement specification, testing, implementation and maintenance of systems supporting various portfolios

- Leading / participating in the department's projects and business initiatives, as and when required

- Maintaining and developing processes, procedures, documentation and internal controls around portfolios handled, with the objective of increasing efficiency and accuracy

- Mentoring and training junior staff and performing review of work done by such staff, as and when required

Selection Criteria :

Education and Experience :

- Bachelor's or Master's degree, preferably with a major in business administration, accounting, finance, or international trade. Professional accounting qualification such as CA/CPA/ACCA and/or CFA/FRM would be preferred

- Three or more years of experience in related fields with a public / private financial institution (including IFC/IBRD) or the finance / treasury function of a public / private corporation. Proven track record in previous position

Core Technical Knowledge :

- Deep knowledge of treasury products / financial instruments (i.e. capital and money market instruments)

- Hands-on experience of using Summit treasury system and Numerix models would be a distinct advantage

- Sound experience with integrated financial systems. Experience in SAP and Bloomberg/Reuters would be a plus

- Proven quantitative and qualitative analytical skills, including excellent spreadsheet skills. Familiarity with financial modeling techniques and writing macros will be a plus.

- Ability to contribute to team performance with strong interpersonal and communication skills

- High level of initiative, self-confidence and a self-starter; proven problem-solving skills, ability to deliver high quality results and operates with minimum supervision

- Fluency in written and spoken English required