Product Control FIC Rates recruitment

PRIMARY RESPONSIBILITIES

•          to provide an effective link between Front Office (FO) and Product Control, utilising specialist product knowledge and software skills to produce and summarise daily PL, investigate and resolve discrepancies, obtain FO sign-off and publish final reports

•          to produce a justification of the PL via daily risk-based decomposition, and provide commentary on PL drivers

•          to ensure immediate superiors are kept adequately appraised of pertinent issues and developments

•          to produce month-end final revenue figures for the EM / XCcy Rates business and to attest to Balance Sheet accuracy

•          to take responsibility for monthly restatement of PL reports, ensuring consistency between official General Ledger and daily PL reports

•          to ensure foreign currency exposure in the ledger is hedged appropriately in accordance with agreed Fixed Income practice

•          to perform various data integrity checks (eg. erroneous end of day prices)

•          to ensure adequate documentation exists to support existing processes, enabling effective cross-training and cover

•          to provide holiday cover for other areas of Rates Product Control

•          to continuously review processes and identify improvements/enhancement of PL controls

•          to assist in the migration of EM / XCcy PL production to the new RAS PL Reporting platform (October ‘12)

•          to assist in the migration of EM / XCcy production of PL decomposition to the new Decomp Console platform

•          to assist in various local and Bank wide project implementations and change initiatives

PRODUCT SCOPE

 JOB SPECIFICATION