Responsibiliites:-

• Preparing daily P&L’s for trading desks, involving assessment of the nature of revenue generated in the context of market moves and risk held as well as reconciliation between front office sub-ledger and Firm general ledger. Price verification; monthly review and challenge of trader inputs into inventory pricing as well as incremental assessment of less observable inputs.
• To interact effectively and pro-actively with traders and their management.
• Intelligently reviewing trading activity with the objective of informing around the valuation of the portfolio and also highlighting anything unusual or material to management.
• Assessing risk inherent in trading positions, whether market, compliance or reputational risk etc.
• Knowledge of products and market awareness.
• Producing and reviewing P&L attribution and commentary for the bank’s trading, investing and new issuance businesses
• Understanding of the impact of Regulatory Capital rules on a trading desk’s ongoing and new business.
• Identifying any trades booked incorrectly in the firm’s trade procession systems
• Production and analysis of the balance sheets for a trading desk and understanding and explanation of vements.
• Preparing monthly accounts for posting to the firm’s general ledger and producing/reviewing relevant external disclosures.
• Ensuring compliance with all the Firm’s financial reporting requirements. Market Risk Controllers, Credit Risk Controllers]
• Price verification [Traders and Controllers PV group]
• Federal reporting. [Fed reporting teams]
• Financial Reporting disclosures [Accounting Policy, Legal Entity Controllers]
• More generally being the point of contact within the Federation for a trading desk [Tax, Compliance, Legal, etc.

Qualification:- 

• Qualified Chartered Accountant; or other relevant professional financial qualifications (e.g. CFA)
• We will also consider part-qualified candidates currently on other bank ACA/or similar programs
• Good interpersonal skills as complement to technical aptitude

COMPETENCIES:-

• Strong attention to detail and analytical capability
• Desire to learn and interest in financial markets and products
• Track record of improving processes and adding value to clients/stakeholders

Skills

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