STG Business Support Office VP/DIR recruitment

ROLE SUMMARY:

The Strategic Transactions Group Business Support Office (STG BSO) was set up during 2007 to provide dedicated support for the implementation and ongoing support of structured transactions initiated by the Strategic Transactions Group (STG) within Credit Suisse's Investment Banking Division. The STG BSO is located with the STG Front Office, reflecting the high degree of interaction between the two groups.
STG BSO comprises a number of functions to support structured transactions from the execution phase through to the monthly reporting and the production of year end statutory accounts. Areas represented within STG BSO include a Trade Co-ordinator function, Middle Office, Product Control and Financial Accounting.

THE ROLE INVOLVES:

Product Control:
Managing a team of 11 performing the functions described below:
• Monthly PL production, which includes FOBO reconciliations, PL validation and analysis, journal entry and review and FX hedging.
• Manage the new business process ensure trades are appropriately implemented on Day 1 from a PC perspective and provide ongoing support.
• Managing month-end and quarter-end production tasks, which include Account Ownership, Book Management, Legal Entity and Regulatory Reporting and Accounting Policy implementation.
• Ensuring trades are accounted for correctly under US GAAP and IFRS, working closely with Financial Accounting to ensure that books and records are complete and accurate.
• Performance management personal development for PC Team.

Financial Accounting:
Managing a team of 2 performing the functions described below:
• Responsible for the set up of infrastructure to support the new business and ensure readiness for ongoing financial accounting function prior to handover to the India Financial Accounting team who is responsible for the BAU accounting for specialist entities (under both US GAAP, IFRS from a group perspective and relevant local GAAP).
• Govern the deployed financial accounting function in India.
• The daily/monthly accounting function and statutory accounts for the entities are performed by a team in India (approximately 12 members).
• The statutory account process for approximately 80 specialist entities (50% require audits) is managed by the India team.
• Review statutory accounts (alongside tax, legal, front office), liaise with auditors and attend board meetings to approve the accounts where required.
• Accounting Governance Forum - Quarterly with Front Office, Product Control Management and Financial Accounting Management to highlight and discuss complex accounting conclusions.
• Responsible for the STG BSO monthly management metrics pack.
• Performance management personal development for the FA Team.

STG BSO Management:
• BPM Other management coverage as required
• Overall BSO team organisation
• Deep Dive processes
• Process improvements
The above responsibilities will require extensive interaction with the different groups within STG, STG BSO, Legal, Tax, Financial Accounting and Operations and excellent communication skills are therefore necessary.

TO QUALIFY, YOU MUST POSSESS:

• Accountancy Qualification
• Investment Banking experience through hands-on line experience or relevant audit work
• Line experience in a Financial Control role of at least 4 years at VP level.
• Product knowledge across a broad range of products
• Experience dealing with Specialist entities or SPV's or equivalent financial accounting experience
• Strong communication skills
• Strong inter-personal and facilitation skills, must be able to present to very senior audiences with the required level of gravitas
• Strong problem/ issue resolution skills
• Strong product knowledge, particularly structured/complex products
• Strong technical accounting knowledge experience of dealing with structured transactions
• Extremely control focused
• Ability to develop strong partnerships across functions
• Good time management skills
• Project management skills
• Proactive
• Ability to multi task and meet tight deadlines
• Proven ability to lead a large team

As one of the world's leading financial services group, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Founded in 1856, Credit Suisse has a long tradition of meeting the complex financial needs of a wide range of clients, offering advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally. The Credit Suisse Group is active in over 50 countries and employs approximately 40,000 people. Further information can be found at www.credit-suisse.com.

Cultural diversity is essential to our success. As such, we employ people from more than 100 countries. Credit Suisse empowers employees to work openly and respectfully with each other and with clients, ultimately striving to deliver superior results while offering initiatives and programs to assist employees achieve a healthy work-life balance.

Right place, perfect opportunity
www.credit-suisse.com/careers

Credit Suisse is an Equal Opportunity Employer and does not discriminate in its employment decisions on the basis of any protected category.

To the extent permitted or required by applicable law, a candidate who is offered employment will be subject to a criminal record check and other background checks before the appointment is confirmed.