Manager, P&L Global Prime Finance recruitment
Manager, PL Global Prime Finance
- Industry: Financial Services
- Status: Full-Time
- Location: Toronto, Ontario
- Salary Scale: $65,000.00 to $75,000.00
Our client, a major institution in the heart of Downtown Toronto, is actively recruiting for a Manager, PL Global Prime Finance to join its Business Unit Control Group.
The Manager, PL Global Prime Finance will play a key role in the maintenance of an efficient and effective control environment for our client's Synthetic Prime Brokerage products.
Key areas of responsibility will include:
- Production or coordination of staff to produce and report Daily PL, PL Attribution/Analysis, Hedge Analysis and PL Explanatory;
- Reconciliation/Comparison to Front Office Expectations, Coordination and resolution of PL breaks with Front and Back Office, and PL Sign-off by the front Office;
- Delivering weekly PL results; Ensuring that reported PL is reconciled to the General Ledger;
- Production, Review and Analysis of IPV, Reserves and Fair Value Adjustments;
- The Manager, PL Global Prime Finance will also be involved in the coordination and timely resolution of Issues with the Front and Back Offices, and Risk Management;
- Supporting the maintenance of appropriate MIS Reporting to monitor Business Performance and Control Metrics.
As a main liaison for the assigned Books, the Manager will play a key role in facilitating new products/business in a controlled manner and actively engaging in requests for support, analysis and information from various constituents including the Front Office, Risk Management, Operations, Finance, Audit and Regulators.
The Synthetic Prime Brokerage is a complex business employing multiple products supported across multiple processing systems, multiple exchanges and spanning various bank legal entities. The primary product offerings include dynamic portfolio swaps referenced to equity, fixed income and hybrid products such as convertible bonds. The incumbent must have the experience required to establish expert knowledge of the business profit model and the ability to deliver accurate PL and Decomposition/Analysis for the assigned books.
Qualifications:
Candidates to meet consideration will have an understanding of synthetic prime brokerage, particularly portfolio swaps and convertible bonds. You will have experience with PL construction and attribution, and IPV process around convertibles. Additional skill sets and experience would include:
- Four or more years in relevant hands-on experience in Business Unit Control (alternatively, Middle Office, Product Control, Finance or Operations) supporting a Capital Markets environment;
- Expert knowledge of PL and Balance Sheet control backed by a Business Degree focused on Finance and Accounting;
- Strong communication skills combined with the ability to interact with a demanding Front-Office client base.
The successful candidate will have leadership ability, will be self-motivated, and will be able to operate in a back-up capacity to the Senior Manager.
To Apply:
If you are looking for a chance to work for a large financial institution in a middle office capacity, please contact Mark Vanderschot today at mark.vanderschot@roberthalffsg.com quoting the job reference PL Global Prime Finance (#05091-100439) in the subject line of your e-mail.
About Us:
Founded in 1948, Robert Half International Inc. (RHI) is the recognized leader in professional-level staffing and operates in more than 350 locations in 14 countries throughout North America, Europe, Asia, Australia and New Zealand. Robert Half International is traded on the New York Stock Exchange (NYSE: RHI) and is a member of the prestigious SP 500 Index. Robert Half International again was named to FORTUNE® magazine’s “World’s Most Admired Companies” list, ranking #1 in our industry (March 19, 2012).
Robert Half Financial Services Group specializes in the placement of full-time, project and interim professionals in the banking, brokerage and investment sectors covering such areas as asset management, commercial lending, corporate finance, compliance, investment analysis and risk management.
Visit us online at www.roberthalffsg.com or contact your local office at 1.800.803.8367 to learn more about how the Robert Half Financial Services Group can assist you.
Robert Half Financial Services Group is an Equal Opportunity Employer.