FIN_Global Middle Office_Associate

Role & Responsibilities:

• To ensure that the daily P&L is accurately reported to the Front Office and reconciled between P&L tools and management reporting tools.
• To ensure that the relevant P&L and Balance Sheet positions are correctly reported at month-end 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 relevant controls are adhered to.
• To coordinate for 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.
• Periodic review of various internal policies and controls and implement any change required.
• Independently handle various audit requirements of regulatory audit, internal audit, statutory audit, and other compliance reviews along with working towards the closure of audit findings.
• Liaising with other internal and external areas of finance to ensure timely resolution of queries and timely completion of projects assigned.
• Independently handle Product Control-related projects.
• Ensuring that sufficient backups are created for all team deliverables.
• Keeping stakeholders and management informed about any process/team-related issues.
• Comprehensive process management and ownership review.

Key Skills:

Mandatory:

• Through understanding of the product types traded by the desk and understanding Fixed Income business.
• Good understanding of the relationship between Valuations and P&L teams within the bank and the various areas of interaction required.
• 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 unseen issues.
• Should be able to articulate, explain and defend the viewpoint on issues and result of analysis.

Technical:

• MS Office - Intermediate level
• Good understanding of the valuation of all products under their control
• Strong presentation skills, ability to communicate clearly and effectively in both oral and written form
• Good communication skills - both oral and written form, basic VBA skills