| How to Apply for this Job |
|---|
|
Company: Leading Financial Services Firm |
Associate
Product Controllers Group is seeking an individual to add technical expertise to the control and price verification team supporting the structured and exotic equity derivative businesses.
Responsibilities
• Understand, document & advise on control, accounting for and pricing of new structured trades. Work with accounting policy on transaction and/or entity specific accounting treatment.
• Enhance price verification processes of exotic and illiquid trading books.
• Devise solutions within the appropriate accounting framework and the Firm’s accounting policies to record inventory and p&l for structured credit products.
• Provide coverage for the p&l and balance sheet production and reporting for the businesses
• Train junior analysts and associates.
• Prepare components of disclosures for the Firm’s financial statements.
• Support senior desk management information requests.
• Interfacing with other support areas such as the Tax Department, Financial Reporting, Corporate Treasury, Firmwide Risk, Compliance and Operations.
• Responsible for various internal and external reporting requirements, Month end, Quarter end Management reporting.
• Review status of Internal Audit points and devise tactical solutions for implementation.
• Attest to quarterly Sarbanes Oxley risk and key control assessments.
• Contribute to Financial Reporting disclosure and footnote reporting for legal entities and products supported
Requirements
• 5-8 years financial services experience from investment banking world or a hedge fund. Mix of public accounting and finance preferable as is a CPA.
• Experience with complex credit derivative products
• Strong quantitative skills
• Understanding of accounting for derivative financial instruments
• Excellent interpersonal and communication skills
• Ability to explain risk, pricing and accounting of complex derivatives to less technical persons.
• Ability to work in a team environment
• Good PC skills, especially Excel
Competitive Salary and Bonus commensurate with experience.
(702259)