FIN-Global Middle Office

• Person will be responsible for producing daily T+1 PL production within one of the following product lines: Equities, Equity Derivatives or Fixed Income products
• 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 PL 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 PL swings and variance investigation to Front office traders and senior finance managers
• To coordinate the completion and delivery of the tasks allocated to the team.
• Review daily adjustments and control accounts and ensure all daily and aged breaks are followed up and resolved
• Accountable for performance and associated risks for all activities performed within the PL group and ensuring SLAs are met
• Foster an environment that understands and effectively manages risk and control guidelines
• Liaison with onshore controllers and resolve adhoc issues concerning bookings, valuations, new business, strategy and other areas
• Perform UAT testing for new system implementation, process enhancements etc. and identifies risks involved and co-ordinate with respective teams for resolution
• Active engagement in continuous process improvement and change
• To ensure that applicable accounting standards are adhered to regarding PL 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.
• Lead, motivate and manage a team of 5-10 people. Responsible for recruitment, training and development, talent management and retention

Mind Set:

Mandatory Domain

• Good understanding of the PL production and reporting methodology for the PL s.
• Broad understanding of the product types traded by the desk and any valuation issues thereof.
• Good understanding of the relationship between Valuations and PL teams within the bank and the various areas of interaction required.
• Strong knowledge of key Financial Reporting
• Broad overview of Product Control s interaction with Regulatory Reporting
• 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.
• Confident in double entry accounting associated with products under their control
• Strong analytical skills and detail oriented

Technical

• MS office - Intermediate level
• Basic VBA skills

Communication

• Strong presentation skills, ability to communicate clearly and effectively in both oral and written form
• Ability to liaise and interact effectively with other departments such as Valuations, Operations, Regional counterparts and Front Office