Sr. BFC Product Associate-GFX & LCT Trading BFC

Job Description:Business Overview:The GFX & LCT trading finance team is part of the GBAM CFO organization. The GFX & LCT trading desk provides clients with market-making services in foreign exchange ("FX") spot, swaps, forwards and options in G10 and emerging market currency pairs. In emerging markets, productsoffered to clients also include local currency bonds and interest rate derivatives. Client execution services include both voice and electronic execution, with trading operations in seventeen countries and dealing centers located in New York, London, Hong Kong, Singapore.Key responsibilities for this role including:Oversight on the official daily P&L explain, P&L substantiation to market events, significant transaction review and its provision for VaR backtesting and other downstreamMonthly Independent Price verification on both Derivatives and securities positions. Have a basic understanding and knowledge of financial models,Calculation of the Valuation adjustment - Validation of appropriate application and use of models for books & records.Maintaining/updating valuation adjustment & IPV Desk Level Procedures (DLP)Preparation monthly & quarterly revenue and balance sheet commentary to senior managers and regulatorsRegulatory capital disclosures, Price Testing, Sector analysis, Stress Test and Forecasting.Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelinesPartner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolutionCoordination of the monthly close process and quarterly financial reporting requirementsWorking on initiatives to simplify/automate manual processesRequired Skills:BS/BA Degree required (Finance, Accounting preferred)Hands on experience of minimum 6+ years working in Product Control or Finance group. Global Markets experience requiredGlobal Rates market knowledge - familiarity with a broad range of asset classesDerivatives product and valuation knowledge - consisting of technical expertise of models used to reprice complex transactionsAdvanced experience skills with Excel and complex spreadsheetsControl focused, analytical, team oriented, comfortable with complex productsExcellent organizational, communication, and relationship management skillProven analytical skills including data reconciliation and interpretation.Ability to identify and deliver process improvements.Good business partnering skillsDesired Skills:Fixed income or derivative experience preferredVP level candidateInquisitive, willing to challenge the status quo and strive to improve processesJob Band:H5Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 --> Job Description:Business Overview:The GFX & LCT trading finance team is part of the GBAM CFO organization. The GFX & LCT trading desk provides clients with market-making services in foreign exchange ("FX") spot, swaps, forwards and options in G10 and emerging market currency pairs. In emerging markets, productsoffered to clients also include local currency bonds and interest rate derivatives. Client execution services include both voice and electronic execution, with trading operations in seventeen countries and dealing centers located in New York, London, Hong Kong, Singapore.Key responsibilities for this role including:Oversight on the official daily P&L explain, P&L substantiation to market events, significant transaction review and its provision for VaR backtesting and other downstreamMonthly Independent Price verification on both Derivatives and securities positions. Have a basic understanding and knowledge of financial models,Calculation of the Valuation adjustment - Validation of appropriate application and use of models for books & records.Maintaining/updating valuation adjustment & IPV Desk Level Procedures (DLP)Preparation monthly & quarterly revenue and balance sheet commentary to senior managers and regulatorsRegulatory capital disclosures, Price Testing, Sector analysis, Stress Test and Forecasting.Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelinesPartner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolutionCoordination of the monthly close process and quarterly financial reporting requirementsWorking on initiatives to simplify/automate manual processesRequired Skills:BS/BA Degree required (Finance, Accounting preferred)Hands on experience of minimum 6+ years working in Product Control or Finance group. Global Markets experience requiredGlobal Rates market knowledge - familiarity with a broad range of asset classesDerivatives product and valuation knowledge - consisting of technical expertise of models used to reprice complex transactionsAdvanced experience skills with Excel and complex spreadsheetsControl focused, analytical, team oriented, comfortable with complex productsExcellent organizational, communication, and relationship management skillProven analytical skills including data reconciliation and interpretation.Ability to identify and deliver process improvements.Good business partnering skillsDesired Skills:Fixed income or derivative experience preferredVP level candidateInquisitive, willing to challenge the status quo and strive to improve processesJob Band:H5Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:0 Job Description:Business Overview:The GFX & LCT trading finance team is part of the GBAM CFO organization. The GFX & LCT trading desk provides clients with market-making services in foreign exchange ("FX") spot, swaps, forwards and options in G10 and emerging market currency pairs. In emerging markets, productsoffered to clients also include local currency bonds and interest rate derivatives. Client execution services include both voice and electronic execution, with trading operations in seventeen countries and dealing centers located in New York, London, Hong Kong, Singapore.Key responsibilities for this role including:Oversight on the official daily P&L explain, P&L substantiation to market events, significant transaction review and its provision for VaR backtesting and other downstreamMonthly Independent Price verification on both Derivatives and securities positions. Have a basic understanding and knowledge of financial models,Calculation of the Valuation adjustment - Validation of appropriate application and use of models for books & records.Maintaining/updating valuation adjustment & IPV Desk Level Procedures (DLP)Preparation monthly & quarterly revenue and balance sheet commentary to senior managers and regulatorsRegulatory capital disclosures, Price Testing, Sector analysis, Stress Test and Forecasting.Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelinesPartner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolutionCoordination of the monthly close process and quarterly financial reporting requirementsWorking on initiatives to simplify/automate manual processesRequired Skills:BS/BA Degree required (Finance, Accounting preferred)Hands on experience of minimum 6+ years working in Product Control or Finance group. Global Markets experience requiredGlobal Rates market knowledge - familiarity with a broad range of asset classesDerivatives product and valuation knowledge - consisting of technical expertise of models used to reprice complex transactionsAdvanced experience skills with Excel and complex spreadsheetsControl focused, analytical, team oriented, comfortable with complex productsExcellent organizational, communication, and relationship management skillProven analytical skills including data reconciliation and interpretation.Ability to identify and deliver process improvements.Good business partnering skillsDesired Skills:Fixed income or derivative experience preferredVP level candidateInquisitive, willing to challenge the status quo and strive to improve processesShift:1st shift (United States of America)Hours Per Week: 40

Created: 2021-11-29