Financial Analyst
Full Time
Job Description
- Preparation of daily P&L commentary and substantiation based on market events
- Review of material new deals
- Calculation of valuation adjustments & reserves, with responsibility over corresponding substantiation and commentary
- Review of changes to daily balance sheet & substantiation based on transactional activity
- Independent price verification analysis and reporting (daily, weekly, monthly)
- Weekly, Monthly & Quarterly revenue commentary
- Maintaining valuation adjustment & reserve calculations such that they’re in-line with current policies
- Balance sheet analysis (capital, liquidity, exposures etc.) including inventory aging, and reporting (Managerial and Regulatory)
- Determining and implementing appropriate accounting policies & procedures (with Accounting Policy)
- Managing key accounting, legal entity, regulatory and P&L issues with the business
- Month end close, including Financial Disclosures and calculation / recording of netting entries
- Exercise of control oversight on behalf of the business
- Participation in the New Product Review and Appropriation Request processes: modelling structures, process scenarios, review, and control
- Contributing to Governance process, operational error reporting and support of other internal control process
- Provision of financial expertise in the design, build, testing, and implementation of new Technology Platforms and Systems
- Act as key member and advisor to Line of Business Senior Management team, providing decision support analysis and advice on the optimization of business activities with regards to accounting rules, regulatory issues and legal entity structures
- Development and analysis of key performance metrics
- Participation in the formulation of business strategy; plans; budgets; and forecasts
- Provide regular updates, analytics and commentary on Line of Business performance
- Manage the expense approval process for both deal-related and organizational expenses; provide expense analytics and assist the business with recovering deal-related expenses.
- Provide regular updates, analytics and commentary on the externally disclosed quarterly performance
Required Knowledge, Skills, and Abilities
- Degree educated or equivalent
- Qualified CFA or Accountant (ACA, ACCA, CIMA or equivalent
- Previous CFO Banking experience
- Good working knowledge of accounting concepts
- Good understanding of Product Control and IPV function
- Knowledge of Derivative Exotic products
- Proven Excel skills with the ability to build and use spreadsheets
- Demonstrable risk identification and management
Reference no: 97993