Duties & responsibilities:
- P&L review, analysis, commentary, reporting and oversight
- New transaction review and substantiation as part of the due diligence process
- Front to back reconciliation and control
- Independent price verification
- Valuation adjustment and reserve calculation
- Report daily balance sheet estimates, ensure accurate and timely reporting including analytical review on significant movements and balances
- Decomposition of balance sheet for the business, identifying opportunities to reduce adjusted assets
- Complete month-end balance sheet reporting by internal deadlines, explaining movements or variances between estimates and final results
- Ensure all balance sheet accounts are reconciled, escalating variances.
- Ensure all reserve balances and valuation adjustments are reconciled and appropriately authorized
- Ensure validity of allocated/attributed balances as well as internal funding charge
- Operational Effectiveness
- Leading role in driving team projects, including automation and process enhancement;
- Ensure all front to back breaks are understood, and escalated in accordance with standards
- Involvement in completion of New Product Review documentation for new businesses / products proposed by your trading desk, and the implementation of systems and process changes / improvements that are required
- Price Verification and Valuation adjustment
- Perform independent price testing
- Calculate/validate valuation adjustments and reserves
- Working with the business and Global Valuation Group on valuation related issues
- Monitor and analyze material reserve movements
Background
- At least 8 years experience in a simimlar position from a top tier financial institution
- Ideally an ACA, ACCA or CPA qualified
- Excellent knowledge in price testing or valuation
If you are interested in this role please apply below or contact me for more information.
