Our client stands out as an international player in the areas of corporate banking, capital markets, international private banking, and asset management. They have one of the most extensive international networks in the world, with offices in 83 countries organised around seven pre-eminent financial centres.
Job Description Manage the daily process of Result (PnL) publication to the trader: - Provide operational services: calculate the official PnL with in-house systems and validate it daily with the desks. - Prepare reconciliation reports to break down the profit/loss by asset and book level to ensure accuracy. - Provide daily PnL explanations for all exceptional moves. - Liaise with Front Office support teams in order to ensure that inventories are correct and checked on T+1. - Guarantee PnL integrity: the PnL must be calculated with the same inventories that are being matched in the BO, same prices as the reference prices from Market Risk. This includes as well periodic update of coupons/dividends and monitoring of the funding and fees. - Document all manual adjustments to the PnLs. - Liaise with desks for all PnL adjustments and methodology changes. - Obtain daily validation and monthly signoff on all books. - Special projects may include implementation of new process flows, systems and documentation by working closely with the trading teams to reach a consensus on the proper booking and accounting of new products or activities.
Skills and Qualifications Candidates should have a clear interest for the financial market as well as a strong background in financial mathematic
Core Competencies The following core competencies are required for this job: Rigour Problem Solving/Analysis
Incisive Media Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, is a company registered in the United Kingdom with company registration number 04038503
