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 reconciliations 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.
Mind Set:
Mandatory Skill Set :
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 Logical reasoning skills, ability to apply existing knowledge to take logical approach while solving new un-seen issues.
Desired Skill Set :
Good understanding of the relationship between Valuations and P&L teams within the bank and the various areas of interaction required
Confident in double entry accounting associated with products under their control
