UBS FX / Rates / Money Markets Product Control recruitment
The successful applicant will be an integral member of the FXMM Product Control (PC) team based in London, which controls the STIR, ALM and FX Distribution business’ along with supporting the Nostro’s internal funding model.
In 2011 2012, the FXMM PC team is re-engineering the RMS feeds into the GGL and improving the level of controls and analysis performed on the relevant business’. With these changes and the increased transparency required by senior management, the role provides an opportunity for a motivated individual to help shape the future of the FXMM team and the reporting and controlling for the UK FX Distribution business.
Your role will be responsible for controlling the UK FX Distribution business. Specifically you will:
- Improve the quality and depth of analysis and controls
- Take the lead on and provide input to various projects. For example, establishing new legal entities and f2b process re-engineering.
- Be the Finance SME for the business including being able to articulate the Bank’s risk stripping and spread capture process. You will also understand the source of client flows and the balance sheet impact of the business.
- Raise the profile of the role within Finance and the Front Office
- Ensure the PNL and balance sheet is substantiated
- Identify and provide suggestions for areas of improvement
- Review cash reconciliations and ensure Operations are clearing outstanding items in a reasonable timeframe
- Assisting the ALM, STIR RFA controllers when required which will include cross training of roles.
Ideal candidates for this role will be:
-Qualified as an accountant
-Possess a good understanding of Rates / FX products
-Have a strong control focus and understanding of front to back process
-Understand how to account for the products under IFRS