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Company: Leading Investment Bank |
The Equity Volatility Product Controllers group in this leading investment bank is seeking an Associate to add expertise to the control and price verification team supporting the structured and exotic Equity derivative businesses.
Principal Responsibilities
• Understand, document and advise on control, accounting for and pricing of new structured trades. Liase 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
Experience
• 4+ years financial services experience
• 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
If interested in this position, please send resume to us in confidence. Our client is located in Jersey City, NJ.
(718614)
