Job Description
This is a role within the Equities Central Pricing Unit taking specific responsibility for Independent Price Verification (IPV), Reserves and control issues impacting the RBS and ABN Amro booked business- Individuals will be expected to add value to the team early on, developing strong product knowledge quickly through experience within a product control environment with IPV focus- The desk trades in a wide variety of products including structured and flow equity derivatives, fund derivatives and hybrids, meaning the role will guarantee early exposure to a broad product set- Specific responsibilities will include: - Working at the production level in the completion of core IPV responsibilities including monthly submissions to MarkIt and calculation of P&L revaluations
- Developing and refining reserve methodologies and calculation of reserves
- Participating in Finance model approvals, identifying impact of these models on pricing requirements and integrating these requirements into monthly processes
- Innovation without being afraid to challenge existing practices-
- Close liaison/involvement with all key functions of the Equities Product Control team e-g- P&L, Balance Sheet
- Building strong relationships with all aspects of the business to ensure the team acts in the capacity of business partner
The individual will be required to establish working relationships, at all levels, with front office (trading, sales) and support areas (e-g- IT, Market Risk, Operations, Credit Risk) as well as all other areas within Finance globally, in order to provide an integrated and proactive approach to business development and facilitation-
Requirements
Essential Experience: - Strong analytical and mathematical skills
- Strong academic background
- Demonstrated strong people, process and systems skills and understanding
- Active appreciation of general Financial Control concepts/requirements
- Strong PC skills
Supplementary Experience: - W ide rangin g product knowledge across all relevant products, including exotic derivatives and structured transactions
- An accounting qualification is not essential but desirable
Responsibilities
The Individual
- A self motivator - the intellect and interest to make the most out of the role
- Ambitious with a strong appetite to understand the products traded and provide insight and analysis rather than being purely production focused
- An affinity to take responsibility for issues and deliverables
- Ability to work efficiently as part of a team across varying disciplines with the ability to form long term influential relationships
- Excellent communicator with strong interpersonal skills
- Have demonstrated a proven ability to identify and resolve issues with minimum supervision
- Ability to work under pressure and meet tight deadlines
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