Economic Funding Project – Commodities Product Control recruitment
The main function of the role will be to support the Commodities business from a financial reporting perspective and to ensure that the key elements of the control infrastructure are in place with a focus on Economic Funding.
The role requires someone to be heavily involved in driving improvements to processes – both within the team and working closely with the IT department.
Specific Tasks:
- Economic Funding Infrastructure– working with the Front Office, Product Control and IT teams in order to deliver reporting requirements for Economic Funding; working through the project lifecycle in delivery.
- Allocations – calculations, analysis and reporting of allocations of cross business funding and other charges.
- Dealing with ad hoc queries with the business relating to Funding PL explains, variances, trade booking and valuation issues
- Data Integrity and balance sheet verification. Carry out validation tasks to ensure the integrity revenue related balance sheet accounts, focusing on
- Process Improvements. Commodities Product Control is constantly seeking to innovate and rationalise existing processes. All team members are expected to contribute to this process.
Criteria:
- Solid experience of working in a Product Control and / or Middle Office environment
- Strong mathematical and analytical ability
- The individual needs to be assertive and able to work with the traders closely
- Good knowledge and understanding of financial markets – with experience of Treasury / Liquidity Management products
- Involved in a change programme
- Use of SQL / DB queries and ability to code in VBA would be advantageous