Product Control - FX - Investment Banking

Product Control - FX - Investment Banking
St Pauls - 6 months

P&L and Risk control for the Structured Rates Complex FX Option Desk concentrating in Hybrids products and Long dated FX Options.

Requirements of the role include:
1.Review, substantiate and report T+1 risk and P&L Attribution on a daily basis.
2.Lead effort in streamlining/automating processes where an opportunity to do so exists.
3.Reconcile P&L figures between sub-ledgers and general ledger.
4.Analyse PnL Explains and investigate reasons for the Unexplained/Residual PnL.
5.Ensure all levels of P&L reporting are reconciled and consistent across multiple reporting platforms
6.Investigate and Remedy breaks in risk/PL stemming from cash, s
7.Respond to ad hoc queries from the trading desk. Participate extensively during the month end close which includes reconciling and substantiating accounts owned.
8.Liaise extensively with the Trading Desk, Finance, Trade Support and various other support partners

SKILLS AND EXPERIENCE
* The candidate should have a know how of FX Options and IR Products and can explain on a high level various Greeks that these products generates, like FX, IR, Gamma, Theta, Volatility.
* Understanding of the trading/hedging strategies of options, futures, swaps, and know high level how Target redemption notes and FX Digital works.
* Keen to upscale the learning curve around these products and should have ability to work quickly in a demanding environment to resolve issues in a timely manner and maintain a control function mindset.
* Understanding of Trial Balance and good concepts of debit/credit will enable him to get upto speed quickly.
* Able to deal with the Front Office queries and should have a mindset to highlight problems and preferably come up with a solution before approaching the team members.
* Should have collaborative skills to deal as a team member in addressing and resolving issues and tasks. He/She should be hands on with Excel and know how of VBA will be an added plus.

Desired Skills:
Should have strong end user computing skills with the Microsoft applications suite particularly in Excel. Knowledge of Word and Powerpoint. Strong quantitative skills.

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

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