Ref 14934
Country USA
City New York
Business Area Global Finance
Contract Type Permanent
Estimated publish end date

Department Overview

The Principal Mortgage Trading Group, within the Global Financing Department, is responsible for the P&L reporting, risk reporting, and all product-related control functions for a Credit Prop desk. The core responsibilities of the team are the reporting of daily risk and P&L and verification of risk and P&L through the P&L attribution process. This role will also be responsible for ensuring integrity of the balance sheet and Sarbanes Oxley sign-off.
Main Function

This role will be responsible for production of the following:


*
Production of Monthly Analysis Pack for presentation to senior mgmt both FO and Finance
* Trading Balance Sheet Analysis and Reporting
* Provide Adhoc analysis on the business and market/trading trends
* Implement and enhance financial and pnl controls within your process
* Interface with all other support areas for the group to cover accounting, credit, operational and market risk aspects of the business


Main Duties

Trade Analysis:

* Review and report on new deal activity and its impact on firm’s P&L, Balance Sheet and risk profile.
* Assist and control Front Office with respect to representing complex deals in the P&L/risk reporting systems.

Provide Coverage as needed for:

* Deliver accurate and timely daily P&L
* Produce and analyse effective risk-based explains.
* Understand the market for the products covered
* Ensure accuracy of downstream processes
* Ensure all Subledger and accounting reconciliations are performed.
* Ensure the GL is updated and reconciled monthly
* Perform ad-hoc and tactical Daily & Month end tasks
* Prepare analytical reviews and presentations


Person Requirements

Essential :

* Financial or quantitative undergraduate or post graduate degree.
* 3+ year. Controller in a major investment bank covering similar products.Strong front to back control experience
* Strong understanding of derivatives and loan booking, front to back flows and accounting
* Control-focused. Able to interact successfully with traders and senior management. Ability to learn fast and adapt to a growing business.

Preferred:

* CFA, MBA, finance, math or accounting graduate degree(s).
* Understanding of Credit Derivative products
* Ability to be proactive and effective in a dynamic environment.