AVP Credit Correlation & Exotics Product Control recruitment
The Credit Correlation Exotics PC team supports the Global Correlation Exotics trading desk, with trading operations in Europe, the US and Asia.
The role will act as part of the management team within the Credit Correlation Exotics PC business covering the daily PL and Balance Sheet control roles for this business.
Duties will focus primarily on carrying out core validation controls, including:
- Daily PL Reporting – including reporting of Flash, Formal, Clean Hypo PL and variances between Flash Formal numbers
- PL explanation – validation of the system generated PL using position-based and risk attribution explain plus commentary
- Data Integrity and balance sheet verification. Carry out validation tasks to ensure the integrity revenue related balance sheet accounts. Focus will be on system reconciliations – ensuring trading positions and prices in front office system are reconciled to the accounting and settlement sub-ledgers
- Also, there is a sizeable amount of project work around developing the infrastructure necessary to support and control the business.
Project based tasks
- Building and maintaining a control environment
- Identifying and implementing improvements to the current provisioning and reserving policies and processes
- Working with other finance departments to ensure correct segregation of dutiesOther process tasks
Criteria:
- Numerate based A-levels and degree
- Accountancy qualification
- Exposure to and strong understanding of finance control environments.
- Previous exposure to derivative products
July 15, 2012
• Tags: Accounting & Finance careers in the UK, AVP Credit Correlation & Exotics Product Control recruitment • Posted in: Financial