Credit P&L Controller

Duration : 14 Months

Employment Type : W-2

Job Description :

• Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries.
• Interact with Operations functions and other infrastructure groups to support a one team approach’.
• Resolve all issues / conflicts and strive to meet or surpass the service level agreement.
• Manage deadlines and objectives.

Responsibilities :

• The preparation and supervision of daily and monthly management revenues for the Rates and FXLM activity and their reconciliation with the estimates of the traders and with the financial accounts
• The participation in business development initiatives across client support functions and locations
• Analysis and reporting of daily P&L with detailed Greek breakdown for multiple products including futures, options, equities, variance & correlation swaps, interest rate derivatives, and Structured Products
• Reconciliation of PnL to Front office estimates with detailed Greeks and New Deal breakdown.
• Resolution of PV breaks between client / counterparty settlement amounts and P&L control estimates.
• Substantiation and resolution of Back-office ledger vs. P&L systems cash breaks daily
• Ensuring the pricing configuration complies with trading strategy and internal controls, collaboration with V&RC, and Risk required to enforce consistency.
• Analysis, understanding, and commentary on PnL using analytical tools.
• Working with the front office trade support and other parts of the middle office to resolve operational and booking issues.
• Working with front office and market risk to finalize month-end PnL validating Map and Reserves at the trading book level.
• Collaboration with Risk to evaluate and explain cash and PV movements above established thresholds to facilitate risk reporting.
• Ensuring the MTD management P&Ls are consistent with the end-of-month general ledger P&L
• Lead new systems deployment which is not limited to being part of TAC / NAC, gathering requirements, testing the UAT database, ensuring results match expectations, and reporting impacts.
• Discussing and reviewing trading P&Ls with management
• Assist with the training and development of junior (analyst) members of the team.
• Continuously improving controls
• Continuously improving efficiencies

Experience :

• Bachelor’s degree or equivalent required
• 4 + years of previous experience in P&L Control, Finance, Trade Support, Valuations, Risk, or Front Office environment including 2+ years of P&L Control covering Fixed Income derivatives & hedges (Treasuries, Corporate Bonds, CDS, CDX, IRS, FRAs, Caps / Floors, Swaptions, and FX Products)
• Strong working knowledge of P&L attributes / Greeks
• Superior attention to detail and accuracy
• Strong interpersonal and communication skills are a must.
• Ability to work in a fast-paced environment.
• Ability to work as part of a team in a split team organization.
• Strong Excel & PC skills with proven ability to work with multiple systems.
• Spirit of continuous improvement
• Display good relationship qualities, team spirit, and ability to work across teams.
• Possess Control mindset.

Education :

Graduate degree in Finance, Math or Engineering or other quantitative disciplines.

About US Tech Solutions :

US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions.

To know more about US Tech Solutions, please visit www.ustechsolutions.com .

US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Recruiter Details : Name : Sapna

Name : Sapna

Email : [email protected]

Internal Id : 24-08817