Job Description
Responsibilities:
1. Daily P&L production (Asset classes: Equities, Vanilla & Exotics, Hybrid Desks)
2. Dealing with the production and reporting of daily risk attributed P&L and commentary on key drivers of P&L attribution.
3. Daily analysis, substantiation of new trading activity to report and /or for discussion with BUC and Ops/BU
4. Discussion of Daily P&L with the Trading Desk and obtaining their sign-off.
5. Ensure transactions flow to the Sub ledger accurately and in a timely manner, liaising closely with Technology, MO and senior management if required to resolve or escalate.
6. Ensuring appropriate controls and reviews are maintained for Daily P&L production, core reconciliations.
7. Data quality check on internal pricing system / Pricer / errors, shock update in Galaxy, script errors, Pre-Check on Market Data in MSD.
8. Pre-certification on valuation across VAR/SVAR/STT in applications.
+. Certification of all Risk metrics across all asset class (desk confirmation for new trades/ booking/ modifications impacting VAR/SVAR/STT numbers).
10. Manual check of variations in level for VAR/SVAR/STT by doing Sensi-shock analysis for huge moves.
11. Intimating front office on limit breach (increase/decrease in consumption), providing analysis relating to breach- closing the breach in system if the breach is Valid.
12. Providing commentary on level moves / variation / threshold breach.
13. Reporting and resolution of manual adjustments and breaks which might be driven by variety of reasons like non-recording of corporate actions, dividends, rate difference, which is not captured, or some trades executed after the cut off time.
14. Supporting change project initiatives and conduct user acceptance testing for enhancements to current systems or migration to new systems.
Profile Required:
- Proficiency in MS Office Tools (Especially MS Excel)
- 5+ yrs experience
- Strong knowledge about Financial Products used at an Investment Bank
- Good understanding of accounting for various products of an investment bank
- Experience in working on certification proces
1. Daily P&L production (Asset classes: Equities, Vanilla & Exotics, Hybrid Desks)
2. Dealing with the production and reporting of daily risk attributed P&L and commentary on key drivers of P&L attribution.
3. Daily analysis, substantiation of new trading activity to report and /or for discussion with BUC and Ops/BU
4. Discussion of Daily P&L with the Trading Desk and obtaining their sign-off.
5. Ensure transactions flow to the Sub ledger accurately and in a timely manner, liaising closely with Technology, MO and senior management if required to resolve or escalate.
6. Ensuring appropriate controls and reviews are maintained for Daily P&L production, core reconciliations.
7. Data quality check on internal pricing system / Pricer / errors, shock update in Galaxy, script errors, Pre-Check on Market Data in MSD.
8. Pre-certification on valuation across VAR/SVAR/STT in applications.
+. Certification of all Risk metrics across all asset class (desk confirmation for new trades/ booking/ modifications impacting VAR/SVAR/STT numbers).
10. Manual check of variations in level for VAR/SVAR/STT by doing Sensi-shock analysis for huge moves.
11. Intimating front office on limit breach (increase/decrease in consumption), providing analysis relating to breach- closing the breach in system if the breach is Valid.
12. Providing commentary on level moves / variation / threshold breach.
13. Reporting and resolution of manual adjustments and breaks which might be driven by variety of reasons like non-recording of corporate actions, dividends, rate difference, which is not captured, or some trades executed after the cut off time.
14. Supporting change project initiatives and conduct user acceptance testing for enhancements to current systems or migration to new systems.
Profile Required:
- Proficiency in MS Office Tools (Especially MS Excel)
- 5+ yrs experience
- Strong knowledge about Financial Products used at an Investment Bank
- Good understanding of accounting for various products of an investment bank
- Experience in working on certification proces
💡 Quick Summary
Seeking a career-building opportunity? The Lead Expert | Product Control | Investment Bank |5|+ yrs position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
