Finance Analyst

New exciting role for a Qualified Accountant to work as a Finance Analyst for a large investment bank based in London

Start Date ASAP
I/V Date ASAP
3 Month Contract

Essential Requirements

- Accountant Qualifications or Part Qualified
- Finance Analyst experience
- Banking/Financial/Investment Banking background
- Profit and Loss knowledge and experience
- Equity Derivatives knowledge and experience

RESPONSIBILITIES:
You will be expected to produce and take ownership for the main functions outlined below. In addition, you are expected to develop a solid understanding of the business, drive execution, sustain intensity and optimism and live BAML key values and culture.
Daily P&L & Balance Sheet - Reporting & Oversight
Production and/or review of official daily P&L explain and its provision for VaR back testing.
Approval of daily sub-ledger P&L generated by Middle Office for reporting into Greensheets.
Responsibility for daily management adjustments to P&L
Daily P&L reporting to local and regional management.
Oversight of trader estimate to official T+1 P&L variances at business unit level.
Preparation of daily P&L commentary and substantiation to market events.
Review of material new deals.
Review and approval of changes to valuation adjustments & reserves.
Review of changes to daily balance sheet & substantiation to transactional activity.
Core Financial Oversight Functions
Price verification (daily, weekly, monthly).
Validation of appropriate application and use of models for books & records.
Monthly & quarterly revenue commentary.
Maintaining/updating valuation adjustment & reserve policies.
Balance sheet analysis (capital, liquidity, exposures etc) including inventory ageing and its reporting.
Determining and implementing appropriate accounting policies & procedures (with Accounting Policy).
Managing key accounting, legal entity, regulatory and P&L issues with the business.
Month end close, including Financial Disclosures and calculation and recording of netting entries
Exercise of control oversight on behalf of the business.
Participation in the New Product Review and Appropriation Request processes: modelling structures and process scenarios, review, and control.
Contributing to Governance process, operational error reporting and support of other internal control process, including SOX.
Provision of financial expertise in the design, build, testing, and implementation of new Technology Platforms and Systems.
Planning plans; budgets; and forecasts.
Provide regular updates, analytics and commentary on Line of Business performance.
Manage the expense approval process for both deal-related and organisational expenses; provide expense analytics and assist the business with recovering deal-related expenses.
Provide regular updates, analytics and commentary on the GBAM's externally disclosed quarterly performance.

To apply please ensure your CV highlights the above skills and experience to be considered and send your CV.

Please note if you have not had a response within 24 hours your CV on this occasion has been unsuccessful however we may save your CV for other roles.

Hy-phen Limited is acting as an Employment Business in relation to this vacancy.

The Adecco Group UK & Ireland is an Equal Opportunities Employer.