Job Title:  FIN_Global Middle Office_AN

Divisional Overview:

Global Middle Office (GMO) is a control function focussed on the integrity of key transactional, risk and financial data and reporting. GMO will also perform an Advisory role partnering with the business and management to help deliver the firm-wide strategy. To achieve this GMO will leverage the latest Digital Innovation & Automation (DI&A) opportunities to optimize GMO’s efficiency and operating model. Key Responsibilities include: 

• Data Management: 

Providing a complete and validated data set of transactional information, efficiencies in the production and proactive management of these data sets 

• Control: 

Provide assurance on accuracy of firms financial statements through daily PL validation, Risk Model inputs, Proactive management of internal inventory and collateral obligations to ensure key liquidity / collateral requirements are optimized 

• Advisory: 

Provide business support and oversight on new products/transactions, financial resources, liquidity management and trade bookings. Propose and implement FTB process improvements; institute performance analytics; and help navigate regulatory, industry and account changes

Team Overview:  

Product Control Team reports T+1 Trading P&L for all the regions across various asset classes. The Primary responsibility for a product controller is to produce P&L for the trading desk, substantiate the P&L numbers, explain the P&L to both the traders and onshore regional controllers and ensure that they maintain a ‘control’ environment. 

 What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging. 
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey. 
• Our bespoke benefits support employees and their family’s holistic wellbeing and are inclusive of diverse identities and family structures.

Role & Responsibilities: 

• To ensure that the daily P & L is accurately reported in compliance with applicable policies.
• To ensure that all relevant controls are adhered to
• To ensure that the relevant P&L and Balance sheet positions are correctly reported at month end and that the applicable reconciliations have been completed and all issues identified are resolved.
• Analyzing PnL attribution and providing commentary on P&L as well as flash v/s actual variance reported
• To coordinate the completion and delivery of the tasks allocated to the team
• Discussing various KRI/KPI’s with onshore stakeholders as well as the local management
• Involvement in UAT testing for various system enhancements or other change initiatives
• To ensure that applicable accounting standards are adhered to regarding P&L and Balance Sheet reporting
• Involvement in training to new joiners as well knowledge sharing with wider team

Mandatory Skill Set :

• Broad understanding of the product types traded by the desk and any valuation issues thereof.
• Ability to understand the booking structure for complex trades and raise relevant issues to Product Control management.
• Good Logical reasoning skills, ability to apply existing knowledge to take logical approach while solving new un-seen issues.
• MS office - Intermediate level
• Strong presentation skills, ability to communicate clearly and effectively in both oral and written form

Desired Skill Set :

• Strong presentation skills, ability to communicate clearly and effectively in both oral and written form
• Confident in double entry accounting associated with products under their control
• Good understand of the valuation of all Products under their control.
• Good communication skills - both oral and written form, basic VBA skills

Position Specifications: 

Experience : 2 - 7 years

Qualification : MBA Finance or CA