Credit Controller

4 weeks ago


Montréal QC, Canada TalentBurst, an Inc 5000 company Full time

Credit P&L Controller12-14 months contractHybrid in Montreal, Need local onlyDepartmental Objectives• The preparation and supervisions of daily and monthly management revenues for the Global Credit activity and their reconciliation with the estimates of the traders and with the financial accounts• The participation in business development initiatives across support functions and locations• Analysis and reporting of daily P&L with detailed Greek breakdown for multiple products including futures, options, equities, variance & correlation swaps, interest rate derivatives and Structured Products• Reconciliation of PnL to Front office estimates with detailed Greeks and New deal breakdown• Resolution of PV breaks between client/ counterparty settlement amounts and P&L control estimates• Substantiation and resolution of Back office ledger vs. P&L systems cash breaks on a daily basis• Ensuring the pricing configuration complies with trading strategy and internal controls, collaboration with V&RC and Risk required to enforce consistency• Analysis, understanding and commentary on PnL using analytical tools• Working with front office and trade support and other parts of the middle office to resolve operational and booking issues• Working with front office and market risk to finalize month end PnL validating Map and Reserves at the trading book level• Collaboration with Risk to evaluate and explain cash and PV movements above established thresholds to facilitate risk reporting• Ensuring the MTD management P&Ls are consistent with the final end of month general ledger P&L• Lead new systems deployment which is not limited to being part of TAC/NAC, gathering requirements, testing UATTrader Support & Customer Service• Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries• Interact with Operations functions and other infrastructure groups to support a 'one team approach'• Resolve all issues / conflicts and strive to meet or surpass the service level agreement• Manage deadlines and objectivesCommunication• Ensure timely and efficient dissemination of data and the resolution of inquiries• Identify and escalate time / risk sensitive issues to the team supervisor• Cohesively explain and maintain own position, logically, in light of differing viewsApplicable to All• Ensure the business area conducts its activity in accordance with all relevant external regulators and internal policies.The strengths and skills that will help you succeedMinimum Required Qualifications:• Bachelor's degree or equivalent required• 4 + years of previous experience in P&L Control, Finance, Trade Support, Valuations, Risk, or Front Office environment including 2+ years of P&L Control covering Fixed Income derivatives & hedges (Treasuries, Corporate Bonds, CDS, CDX,IRS, FRAs, Caps/Floors, Swaptions, and FX Products)• Strong working knowledge of P&L attributes/Greeks• Superior attention to detail and accuracy• Strong interpersonal and communication skills a must• Ability to work in a fast paced environment• Ability to work as part of a team in a "split team” organization• Strong Excel & PC skills with proven ability to work with multiple systems• Spirit of continuous improvement• Display good relationship qualities, team spirit, and ability to work across teams• Possess Control mindsetPreferred Qualifications:• Working knowledge of Programming languages such as VBA & Python (strong preference)• Graduate degree in Finance, Math or Engineering or other quantitative disciplines• Previous experience in Fixed Income P&L• Fluency in financial markets with an emphasis on Fixed Income• Experience in pricing, valuation or hedging of derivatives



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