BF Equities Analyst, Associate

Role Description

The Business Finance function is responsible for the production of business level revenue attribution, financial accounting, and financial disclosures.

It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained.

It also ensures that all of the Banks transactions and positions are correctly reflected in the Banks accounting records and disclosures, in accordance with relevant accounting standards.

Revenue Control roles have the following common characteristics:

• Produce daily profit and loss for the business unit/trading center.
• Provide necessary transparency of controls done either for quality assurance or for final validation and control performance.
• Obtain necessary sign-off from Front-Office (Traders) of the reported P&L
• Resolve daily FOBO cash breaks for the business.
• Participate in CTB (Change the Bank) initiatives of the team as well as domain wide.
• Liaise with different support teams for escalation and remediation of daily issues encountered.
• Collaborate with Financial Controllers and Business Relationship managers to ensure front to back controls are managed effectively.
• Work with different stakeholders to improve existing processes and outputs.
• Financial Control roles have the following common characteristics:
• Performs month end close activities -SAP journals, reconciliations, balance sheet substantiations and reporting.
• Produce and review Business level internal and external financial disclosures.
• Performs QA function for processes within their teams remit and regularly assesses the effectiveness of the checks.
• Engages with CTB/SME (Change the Bank / Subject Matter Expert) in order to deliver change.
• Facilitates CTB initiatives and drives continuous improvement program within their team.
• Second level of escalation for team issues and for stakeholder escalation
• Manages the resolution of product reconciliation break / exception items in a timely manner.
• Close Self-Identified Issues and Audit points on timely basis
• Monitoring of exceptions including investigation and explanation
• Review of Balance sheet substantiation and perform Balance Sheet certification as Primary or Secondary Account Owner
• Process standardization across business.
• Provides summary of KRI's for their business area and remediation plans where SLAs are being missed and/or where issues exist.
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis.
• Work with different stakeholders to improve existing processes and outputs.
• The position sits with Equities Business for EMEA, Americas and Frankfurt region.

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• The role is Equities business aligned and will entail multiple sub product businesses.
• Strong product knowledge on Equities, with sound understanding of risks and valuations.
• Responsible for the oversight and management of the generation of the daily independent Risk and P&L in a timely manner, ensuring daily reconciliation and position reports as required.
• Reviews any exceptions raised in reports by the team and/or escalated by the supervisor.
• As the key point of contact for traders and onshore colleagues, ensures all queries are rectified on a timely basis.
• Participate and execute strategic systems role out and other Change the Bank initiatives.
• Work to ensure process standardization across global product reporting, applied to both workflow practice and work tools that are used. Ensures a robust and scalable production process.
• Responsible for the talent development and training requirements of team, delegating to supervisors where applicable.
• Enable culture of challenging the status quo, identifying process & organizational opportunities (ToM / resource fungibility) to create capacity in partnership with TSG, TDI & GCOO
• Flexibility regarding problem solving.
• Keeps pace with technical innovation and market driven initiatives.
• Strong interpersonal/good negotiations skills
• Be comfortable & willing to drive process improvement.
• Be able to constructively challenge.
• Be inquisitive.

Your skills and experience

• Relevant experience in Financial Services / Product Control, experience in oversight in a risk and P&L environment over and over experience in production.
• A Business or Accountancy based degree. Further relevant studies and/or aMasters is an advantage
• Enhanced technical knowledge, particularly on Risk Engine and an appreciation for the front to back process and control environment.
• Good cultural awareness and able to manage stakeholders across locations.
• Good people management skills in terms of team development and retention
• Good communication skills, fluent in English (written/verbal)
• An excellent team worker, able to work in virtual global teams and in a matrix organization.
• Open minded, able to share information, transfer knowledge and expertise to team members.
• Keeping pace with technical innovation and market driven initiatives and maintains a broad understanding of the Business Finance offering.
• Able to work under pressure.
• Able to challenge existing procedures and proactively look for process and system improvements.
• Able to transfer knowledge and expertise to team members, and work across functions in order to share information and proactively resolve challenges.

Education / Qualification:

• Preferably qualified Chartered Accountant / CPA / ACCA / CIMA / CFA.

How we'll support you

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.