Hiring Manager: Kevin Sims Closing Date: 2 weeks from date of advertisement
Job Description
Treasury Product Control Team is responsible for driving best practice and policy for funding for all Businesses booked on the London balance sheet, providing allocations to local Product Control Teams in London , New York , Amsterdam , Sydney , Tokyo and Hong Kong - This role is to assist the Treasury Manager with the day-to-day management of the London Treasury Product Control Team, comprising Funding Team (2)- Funding receives increasing focus from the most senior levels of the Global Business Heads, the role requires a highly credible and effective individual used to dealing with the most senior and demanding customers- The Successful candidate will have a strong grounding in the product sets and an appreciation of funding allocation methodologies, and an excellent understanding of the end-to-end p&l and balance sheet reporting process- Specific Responsibilities: - Supervision for Funding Team (2)
- Oversee production and agreement of daily Funding PL for all Business booked on the London balance sheet - Financial Markets (Fixed Income & Derivatives), Equities (Cash & Derivatives) and Commercial/Transaction Banking business divisions, to London and Global Product Controllers-
- Review, analysis and agreement of UK Funding monthly Balance sheet-
- Preparation/review of month end BTR reconciliations FM & Equities-
- Driving compliance of allocated funding - reconciliation and control of reported funding allocations-
- Responsibility to control and resolve cash breaks that arises between the Funding models and ledger systems-
- Daily Product Control FX Exposure reporting of Financial Markets Pl to Group Treasurer-
- Ensure Funding Team complies with SOXA guidelines-
- Continual review and enhancement of processes and reconciliation's, including identification of 'funding bleeds' leading the Line Support for the role out of allocation methodology enhancements-
- Recognise issues raised by Business Management, Risk Management and Finance, and assist in the management of their resolution-
Deliverables: - Accurate and timely reporting of daily Funding and FX Exposure reports and month end BTR within agreed deadline-
- I dentification of funding bleeds and implementation of corrective measures in production of daily funding allocations p&l- Evidenced by a reduction of the areas of funding misallocation attributed to PC and PC allocation modules
Requirements
Required experience: - Qualified Accountant
- Minimum 2-3 years PQE in Product Control-
The Individual
- Strong leadership and relationship management skills-
- Solid grasp of basic accounting theory and controls-
- Strong spreadsheet/access skills - Product Control are reliant on mini-app databases and producing a number of spreadsheet based reconciliations - large volume of information to collate and control-
- Understanding of Fixed Income & Derivative and Equity & Derivative products-
- Systems knowledge: Murex, Devon, Bloomberg, ARTS (Anvil), XTAS, Ronnie, One World, Prophet, Ronnie-
- Energy, drive and commitment
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