Job Description

Notes:

  • Specific/ mandatory skills: - CA/MBA/ or Graduate with Finance Background
  • Open to consider fresher candidates (Yes/No): Yes
  • Project duration: 9 months (Project End date 15th Dec 2022)
  • Work from Home at present (Yes/No): Hybrid Model (3 days in Office- 2 days WFH)

Description:

The Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures.

It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained.

It also ensures that all of the Bank’s transactions and positions are correctly reflected in the Bank’s accounting records and disclosures, in accordance with relevant accounting standards.

 

The Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures.

It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained.

It also ensures that all of the Bank’s transactions and positions are correctly reflected in the Bank’s accounting records and disclosures, in accordance with relevant accounting standards.

Position Specific Responsibilities and Accountabilities:

  • Perform data integrity checks and/or reviews breaks and ensures properly dealt with in the P&L process and Cash Control.
  • Provides P&L and risk reports for QA reviews, and ensures all review points are cleared on a timely basis
  • Liases with and obtains trader sign-off for final P&L, ensuring queries are answered or escalated on a timely basis
  • Prepares EOD reports (P&L and PIPs etc) for review and submission to stakeholders
  • Investigate and Resolve FOBO cash and position breaks.
  • Provides inputs into the capture of daily KRI's around Risk and P&L reporting
  • Liases with other Finance and Operation teams to ensure P&L production issues are cleared on a timely basis
  • Escalates any aging and/or contentious issues in daily reports and to direct supervisor
  • Performs any UAT requirements on their processes

You will have: (Skills/Experience)

  • Relevant experience in Financial Services / Product Control
  • For T+1 role, a Business or Accountancy based degree, with Flash role having a more Mathematical / Engineering / IT focused degree. For both further relevant studies and/or a  Masters is an advantage
  • Enhances technical knowledge and appreciation for the FTB process and control environment
  • Good Stakeholder Management skills
  • Good communication skills, fluent in English (written/verbal)
  • Team worker, able to work in virtual global teams and in a matrix organisation
  • Open minded, able to share information, transfer knowledge and expertise to team members
  • Pricing and Valuation knowledge on Fixed Income products – Bonds, Interest Rates Derivatives, Futures and Options etc.Flexibility regarding problem solving
  • Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the Finance Organization.
  • An excellent team worker, able to work in virtual global teams and in a matrix organization
  • Open minded, able to share information, transfer knowledge and expertise to team members
  • Keeping pace with technical innovation and market driven initiatives and maintains a broad understanding of the Business Finance offering
  • Able to work under pressure
  • Able to challenge existing procedures and proactively look for process and system improvements.
  • Able to transfer knowledge and expertise to team members, and work across functions in order to share information and proactively resolve challenges.

Education/ Qualifications:

  • Degree level &/or relevant practical experience
  • Preferably qualified Chartered Accountant / CPA / ACCA / CIMA / CFA.