The P&L CONTROLS team operates out of several locations (e.g. London, Paris, Lisbon, Singapore, Hong Kong, Mumbai, Bangalore, New York and Sao Paulo). The team aims to validate on a daily basis the P&L figures and to explain them with market moves, related risks as well as the impacts of the new trades booked and the events impacting these trades
Job purpose
* Coordination of projects impacting Global Macro and Credit PNL teams
* Acting as PNL SPOC for interlocutors from other departments such as Finance, Risk, IT, Front Office and Research
* Propose new or reinforce existing guidelines and best practices
Scope: Global across Global Macro and Credit products and architecture
Key responsibilities
* Managing between MO, Research, IT and FO the completion of the P&L Explain programme for Global Macro (excluding Commodities) and Credit, including stability and reliability of the feeds, resolution of issues for scope not yet covered, thus enabling to provide daily reliable Step Revaluation Explain and Risk Based Explain for the entirety of its scope
* Managing the implementation of the Target Operating Model for the PNL Explain programme of Global Macro and Credit scopes, across locations
* Representative of the PNL teams during meetings and discussions pertaining to various Transformation programmes and/or projects
* Preparing and delivering trainings in relation to the new PNL and PNL Explain infrastructure, for teams in various locations
* Representative of the PNL teams during meetings and discussions pertaining to the evolution of the PNL Explain tools and the (re-)definition of PNL effects
* Propose, review and validate any changes impacting PNL platforms
* Representative of the PNL teams for FBL, Volcker and FRTB
* To manage or coordinate projects across departments and teams
Requirements
* Professional qualification (in Finance, Business, Economics or hard science) with expert technical knowledge and experience in derivative pricing, PNL explains and understanding of risk factors, typically gained within another top tier investment bank.
* In-depth knowledge of instruments traded in Fixed Income as well as exposure to other asset classes
* Broad experience working in control functions within an investment bank
* Significant Experience in project management
* Excellent analytical skills with the ability to translate technical concepts and provide specialist guidance and advice to others and have the ability and willingness to get into the detail to find solutions.
* Effective time management and ability to prioritise workload and escalate issues to management
* Strong focus on accuracy and attention to detail
* Excellent analytical skills with the ability to translate technical concepts and provide specialist guidance and advice to others
* Experienced at managing internal and external relationships at all levels (including senior), and capable at working with them to understand requirements and define appropriate solutions.
* Good working knowledge of a wide range of Operations policies, procedures, regulations and legislation.
* Excellent written and oral skills in order to articulate technical issues and to be able to take the complex and make simple to enable effective communication with individuals across the business.
* Computer literacy and a good understanding of relevant software including Word, Excel and PowerPoint
Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.
Morgan McKinley encourages applications from all qualified candidates who represent the full diversity of communities in the UK. Accommodations are available on request for candidates taking part in all aspects of the selection process.
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