Operations Analyst

2 weeks ago


Montréal QC, Canada HireTalent group Full time

Duration:12-14 month(s)

Description/Comment:Credit P&L Controller

Departmental 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 UAT

Trader 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 objectives

Communication

  • 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 views

Applicable 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 succeed

Minimum 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 mindset

Preferred 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

Additional Job Details:Max bill rate ***/H - Max contract duration 14 months / Same position as 14045373 closed by accident #J-18808-Ljbffr

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