Analyst – Equity Portfolio Managemnt Unit recruitment
Overview
The Equity Portfolio Management Unit was established in February 2008 having functioned as part of a project team during the development and implementation of Accounting Frameworks equity investment system, which now serves as a focal point for storing and monitoring equity investment related information. EPMU is a Banking Department team based in London with reporting line to Managing Director, Portfolio.
The main purpose of EPMU is to ensure on-going integrity of the Bank wide equity data and to provide a common platform of consistent information, analysis and reporting across the Bank on all matters related to the Bank's equity portfolio.
The areas of responsibility include:
- Fair Value processes (coordinating the Bank's fair value approval process for direct equities and funds)
- Transaction and deal processing
- Analytical data processing and data maintenance within the Accounting Frameworks system
- Reporting
- Committees (Secretary to the Equity Committee (EC) and a Member of the Equity Valuations Review Committee (EVRC))
- Nominee Directors
Key Responsibilities and Deliverables
- Coordinate the Bank's direct equity fair value approval process, including (i) provide advice to the Banking departments on the application of the valuation guidelines; (ii) provide training of the Operation Leaders and Portfolio Managers as relevant; (iii) check valuations prepared by Operation Leaders and Portfolio Managers for adherence to the valuation guidelines and ensure that the data used is accurate and reliable (iv) carry out analysis on a portfolio basis to ensure a consistent approach; and (v) track and report on the process to ensure a timely delivery to Financial Accounting Unit (FAU).
- Provide fair value portfolio analysis and details on contingent valuation to the Equity Valuation Review Committee (EVRC).
- Participate in the Banking Departments work on the fair value for Direct Equity and Funds with external auditors.
- Prepare valuation analytical data for EVRC including sensitivity testing.
- Review and analyse DCF models prior to OpsCom submission.
- Collection of analytical data that does not impact Financial Accounting and taking on responsibility for entering transactions and static data which do not have an impact on the Bank's General Ledger into Frameworks (FW).
- Collect and analyse the equity fund data, assist in the day to day processing of equity fund's capital calls and capital distributions and enter transaction details into FW.
- Liaise with Operations Banking on a timely basis concerning transactions and deal flow.
- Provide instructions as agreed with Operation Leaders to the Operations Banking team on cash entry bookings.
- Provide Equity Portfolio reports to the Bank's management as required. Carry out relevant historic and benchmark analysis.
- Prepare equity data for external conferences and presentation.
- Respond to ad hoc queries related to Bank's Equity investments as required.
Essential Skills, Experience and Qualifications
· Minimum of 2 years of relevant experience in the financial sector.
· Degree from a leading university in the country of education, preferably in mathematics, physics or finance. An MBA or other relevant post graduate degree, and/or professional designation (e.g., ACA, CFA, CPA, etc.) is an advantage.· Advanced financial skills. Good knowledge of either US GAAP or IFRS accounting is an advantage.· Financial accounts preparation and/or audit experience is an advantage. · Computer literate with excellent Excel skills.· Ability to produce financial projections and financial models is a pre-requisite.· Experience with preparation and review/audit of Discounted Cash Flow models essential.· Good written and oral communications skills in English.· Fluency in Russian or other eastern European language would be an advantage.
Competencies and Personal Attributes
- Self-motivated, an excellent team player with strong communication and interpersonal skills.
- Ability to plan and organise work unsupervised.
- Be resourceful and creative to overcome emerging markets limitations.
- Ability and confidence in handling senior personnel.
- Flexible in working hours and willing to travel frequently (as required)
Note: This job description is not limited to the responsibilities listed and the incumbent may be requested to perform other relevant duties as required by business needs.