Job Description

Job Description and role:

The APAC team carries out the Business Finance and Control (BFC) function in support of the regional Emerging Markets trading business.  As a FICC  product BFC analyst you will be expected to develop a good working knowledge of BFC tasks and responsibilities, collaborate with the desk and other business partners and understand and resolve issues in line with goals of the bank. 


Detailed characteristics you will be expected to display are described below.
P&L Reporting / Analysis
• Detailed P&L decomposition including escalation of material unexplained variances
• Provide explanations for significant P&L drivers e.g. market changes, new deals, book remarks, reserves etc.
• Complete daily reconciliation of estimate to actual, and ensure reporting website is updated with explanations for all material differences.
• Complete month-end financial legal close, P&L and balance sheet as well as management close.

Balance Sheet Reporting
• Produce daily balance sheet estimates, ensure accurate and timely reporting including analytical review on significant movements and balances.                                                                                                                                                       
Operational Effectiveness
• Ensure all front to back breaks are understood, and escalated in accordance with standards.