Qualified Accountant
You will be responsible for supporting the Fixed Income and Equities areas in setting up new structures/products and managing the existing portfolios ongoing requirements.
You will work to understand the details of the new deal and advise on the optimal way in which to set up new deals within the client's infrastructure.
Ongoing deal support includes the daily management of funding requirements across the departments portfolio, rolling existing trades, managing collateral and hedging obligations.
The team is also responsible for the ongoing improvement of controls and processes used to manage the business. This includes using technology to streamline workflows and improve efficiency.
Main Duties
· Managing complex trades with multiple entities. Including arranging cash flows, updating models for interest rate re-sets, booking trades e.g. swaps, deposits, fixed income purchases and liaising with external counterparties with regards to trade information
· Carrying out Know Your Client (KYC) analysis on new legal entities, setting up trading products and limits under legal entities and counterparties, setting up bank accounts and custody accounts in local jurisdictions
· Prior to execution, work with the deal team to ensure that there are detailed cash flows and bookings spreadsheets
· Taking on ad-hoc projects as required, including migration of spreadsheet based entities into the firms trading platform, system replacements and enhancements to trading systems downstream feeds
· Review procedures to ensure that are up to date for processes
· Build good working relationship with the KYC and Business Banking teams. Review and update dispensations every 6 months
· Build and maintain strong relationships
You must have
· Minimum ABB at A-Level or equivalent
· ACA, CIMA or CFA qualified with first time passes
· Maths and/or Finance exposure in degree studies
· Science/maths A-Levels or equivalent
· 1 yr post qualified with experience working within finance/product control or of a complex structured or derivatives business
· Familiarity with complex, non-standard transactions involving multiple legal entities
· Involvement in workflow and/or IT related projects, and the definition of business requirementsEmpiric is a global provider of niche and specialist recruitment services operating across Investment Banking, Oil Gas, Engineering, IT and Industry Commerce. Our expert knowledge of the market and strong working relationships with our clients has enabled us to become the preferred supplier to over 150 global corporations. www.empiric.com
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