FI Credit Product Control – AVP recruitment
• Production of the daily PL process, including explanation of PL by driver
• Ensuring that the month end numbers agree to the sum of the daily PL and providing meaningful explanations for the allocated desk(s)
• Monitoring of daily valuation changes to ensure movements are in line with market drivers
• Balance sheet substantiation and control
• Project work covering controls enhancement, efficiency initiatives and strategic developments in order to provide business advantage
• Regular and ad-hoc analysis of aspects of the business, both tactical and strategic
• Contribute significantly to individual development
Essential Experience:
• Professional accountancy qualification with relevant experience in a product control role
• Graduate with a first or 2.1 (or equivalent from outside UK) first degree
• Sound understanding of bonds and credit derivatives
• Good Microsoft product knowledge
• Good appreciation of Investment Banking business
• Good understanding of Finance operations and processes
• A high degree of understanding relating to current and future GAAP and IAS derivative disclosure and reporting
Supplementary Experience:
• Experience of ABS, CDOs and more complex structured products would be desirable
• Exposure to technical credit products would be desirable