Assistant Manager - Regulated

About us

Job Description

Global Markets Business Finance Control (BFC) seeks to provide a support service with particular focus on the relationship between trading risk positions and PL components. We are looking to recruit an individual to work in the PL production area covering the Global Credit Trading desks. The candidate s main responsibility will be to produce and deliver the daily PL to front office, providing a high standard of analysis and explanation around any issues faced and daily revenue drivers. The candidate will therefore have considerable interaction with the respective Front Office, Middle Office, and Finance and Trade Capture teams so good communication and time management skills are an essential requirement for this job

Responsibilities

Primary products covered will include: Bonds, CDS, ETFs and Loans

Production and reporting of daily PL to Front Office Senior Management

Reconcile actual PL with trader estimates and provide flash/actual variance analysis

Working closely with the trading desks on position, PL or other issues on an ad-hoc basis

Front-to-Back analysis reconciliations of front office PnL and balance sheet to firm sub-ledgers

Assist with execution of month-end controls ensuring management vs financial PL variances are within thresholds

Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves

Would be typical own set of books / cost center and Business Units

Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries

Development continuous improvement of existing processes workflow

Testing / UAT for systems work ranging from minor system releases to major system implementations

Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk

Requirements

Education

Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with at least 3+ yrs. experience or Graduate in Commerce with 6+ years of relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products

Certifications If Any

CFA / FRM certified candidates would be preferred

Advanced education and/or enhanced technical qualifications are a plus

Ability to use Access or VBA would enhance the candidate s attractiveness significantly

Experience Range

2 to 8 years with at least 2+ years experience in Global Markets Product Control role

Foundational skills

Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage.

The right individual will have strong people skills and can multi-task to manage the challenges of Finance processes yet have the awareness to escalate potential issues to their supervisor in a timely manner

Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels

Must be proactive and be a highly motivated self-starter. Reactive and/or passive individuals need not apply

Desired skills

Alteryx / Python / Tableau knowledge would be an added advantage

Must be proactive and be a highly motivated self-starter

Effective communication skills with English proficiency

Demonstrated ability to work in a high-pressure environment

Takes initiative and challenges existing processes and procedures in a proactive manner

Strong team player

Ability to analyze issues independently and derive solutions

Analytical skills

Inherent sense of principles of control through experience and sound judgment

Reliability

Work Timings

1:30 pm to 10:30 pm IST

Job Location

Gurugram/Mumbai/Hyderabad