PRIMARY RESPONSIBILITIES
* To work closely with the Fixed Income & Currencies (FIC) trading desk, Product Control and
Operations to develop a deep understanding of the underlying business to ensure appropriate controls
and reconciliations are in place that will assure the integrity of the Financial Statements and
...
disclosures and successful period end close.
* Maintain strong control environment by coordinating quarterly risk control self-assessments to
evaluate end to end controls within assigned lines of business and production of Risk Dashboard
control environment pack, including 2nd level review of monthly Product Control and Operations SOD
packs, account attestation and eDR derivatives reporting sign off.
* Coordinate successful month end close for assigned lines of business including analytical review of
business specific Revenue and Balance Sheet lines with high quality MoM QoQ YoY variance
commentaries for review by Head of LOB and Head of Financial Reporting teams.
* Monitor balances in key control & suspense accounts, sub-ledger to main ledger (REC01) breaks,
illogical spot and average Balance Sheet accounts, Revenue misallocation, and work closely with PC
and Operations teams to have these resolved within the period end close
* Perform month end Balance Sheet reconciliations and attestations for key products in support of HO
reporting and financial statements disclosures liaising with Product Control and Operations (BCS)
teams to investigate and clear breaks under their ownership.
* Complete monthly second level review of PC and Operations (BCS) owned month end Standard of
Documentation (SODs) packs. Prepare summarised SOD scorecard for inclusion in Attestation
Committee packs.
* Review and arrange intergroup transfer pricing ledger postings, reconciliations, and wire
settlements.
* Coordinate preparation of monthly and quarterly Head Office returns, financial statements,
regulatory and statutory disclosures impacting the business.
* Review and sign off new business units (transits), trading books and account mappings requests for
assigned lines of business within the general ledger and sub-ledgers.
* Assist in preparation of annual financial statements disclosures in accordance with IFRS standards.
* Perform and update SOX controls under FC's ownership working with both internal and external
auditors. on interim and year end statutory audit, as well as SoX audit.
* Assist with the new business initiatives (NBC), tactical enhancements and strategic projects within
assigned businesses to ensure Financial Control requirements are met that will enable the IFRS
compliant accounting. Contribute to the design, development and enhancement of systems, processes
and reporting to achieve best practice targets and add value to reporting.
* Assist with production of deep dive packs and training materials working with a line management in
identifying training needs (products, processes, systems or accounting), both within Finance teams and
other functions, and working towards eliminating these by completing training as required.
Required
* Qualified ACCA/ACA/CIMA with undergraduate degree in quantitative fields
* At least 3yr PQE with majority of work experience gained in banking and financial services in
Financial Control, Product Control or Legal Entity Control role.
* The incumbent should have solid knowledge of the accounting treatment of investment banking
products and financial instruments.
* Solid understand of the control framework.
* Strong IT skills, and in particular advanced Excel is essential.
Randstad Financial & Professional encourage applications from individuals of all ages & backgrounds. Appointment will be made on merit alone but candidates must be able to demonstrate their ability to work in the UK. Randstad Financial & Professional acts as an employment agency for permanent recruitment & an employment business for temporary recruitment as defined by the Conduct of Employment Agencies & Employment Business Regulations 2003
