Associate Equities Product Control

Associate Equities Product Control

Docklands Canary Wharf based

Investment Banking

Highly profitable investment bank - stabiltiy and strong strategic presence here in the UK

Description

Associate Equities Product Control

Docklands Canary Wharf based

Investment Banking

• The production of a comprehensive daily trading P&L and balance sheet

• The execution of regular independent price verification, ensuring that the appropriate accounting principles are applied

• Partnering with the firm's business areas and other support groups in facilitating new products and initiatives

• Developing and reporting management accounting information
• If successfully appointed you will be joining a team who will be enhancing process, reporting and controls whilst ensuring the flawless execution of BAU. The team will also balance the delivery of critical projects whilst identifying those that are strategic and those that are tactical

Responsibilities:

• This PC role will form part of a team covering the daily P&L and balance sheet control roles for the Equity & Funds Structured business

• Responsible for overseeing P&L activities and Balance Sheet Reconciliation and Substantiation processes with full ownership on a monthly basis to be presented with Senior Management on key control

• Consideration of complex trade booking and appropriateness of booking methodologies or approximate booking

• Develop and maintain governance, internal guideline and procedural documentation relating to the Equities business

• Acting as a Business Partner to the Business, Risk, Compliance and Finance

• Responsible for structuring projects, planning programmes, implementing strategy and efficiency including driving ongoing roadmap for key systems and processes

• Managing enhancement delivery by actively participating in all new system, and product implementations to ensure all Equities implications are appropriately addressed and incorporated into the Equities process and procedure documentation. Provide sign-off on new and amended product approval (NAPA), business and system infrastructure initiatives impacting Equities

• Working closely with IT and FO to plan and implement any system improvements required

• Redesigning and streamlining daily and monthly front to back processes; identify issue and root cause of issue; coordinate with stakeholder to correct issues and developing controls to prevent such issues from recurring

• Independently managing time and work flow

• Ensuring enhancement benefits are realized
• Ensuring effective communication within the team and to senior management

• Ability to fully understand complex transactions and proactively develop product knowledge

• Ability to break down and fully understand complex transactions and their payoff formulas

• Self-motivated team player, take on ownership, accountability, organizational/prioritization skills, proactive, ability to multitask

Profile

• Bachelor's degree required

• Part or Fully Qualified CIMA/ACA / ACCA / CFA

• Strong understanding of accounting fundamentals required

• Strong MS Excel skills required, other financial systems experience a plus

• Strong exotic derivatives product knowledge and financial risk awareness

• Minimum 2 years experience in financial services industry highly preferred

• Responsible attitude with sound time management skills, and the ability to meet deadlines

• Good understanding of IT oriented methods and approaches

Job Offer

• Base from £45,000 to £55,000
• Excellent company benefits package and competitive bonus scheme