Our client, a Top 5 bank in Canada is looking to hire a Financial Analyst to their Product Control team for an initial 12-month contract with a high possibility of extension.
This role is 1-3 days a week in the office in Toronto.
Produce and report daily P&L. Confirmation of P&L integrity / validation through risk-based attribution. Reconciliation of daily P&L to FO expectations with corresponding P&L explanation to ensure P&L Sign-off by the Front Office.
Coordination and resolution of P&L breaks between FO and Product Control through collaborative dialogue.
Ensuring daily reported P&L is reconciled to the Bank's General Ledger and associated source system sub ledgers. Adoption of a proactive approach to ensure breaks are escalated and resolved on a timely basis as required by established workflows.
Ensuring balance sheet accounts are substantiated and that all accounting issues are resolved on a timely basis. Orchestrate and complete the Month-End Close Sign-off and MIS Package.
- Strong understanding of risk analytics to develop and implement infrastructure processes aimed at effectively capturing and reflecting risk profile of business.
- Production, Review and Analysis of IPV, Reserves and Fair Value Adjustments as may be required in agreement with Risk Management and as required by Bank Guidelines.
The coordination and timely resolution of Issues with the Front and Back Offices, and Risk Management.
Supporting other financial reporting needs as may be required.
Must-Have Skills :
- 8-10 years of hands-on experience in Product Control (alternatively, Middle Office, Product Control, Finance or Operations) supporting a Capital Markets environment and / or equivalent experience from undergraduate / graduate or other related studies
- 5+ of experience with P&L construction and risk attribution, capital markets accounting, and balance sheet substantiation.
Nice to have skills :
- CFA or FRM will also be an asset.
- SQL, VBA, and Python coding experience would be a very significant plus (data extraction, manipulation, normalization, etc.)