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Middle Office / Product Control - Investment Banking - London

Job Title: Middle Office / Product Control - Investment Banking - London
Contract Type: Permanent
Location: London, England
Industry:
Salary: £35000.00 - £50000.00 per annum
Reference: BBBH18861_1531822536
Contact Name: Tom Baker
Contact Email: tom.baker@twentyrecruitment.com
Job Published: July 17, 2018 11:15

Job Description

Twenty Financial Services are working with an Investment Bank that are looking to hire into their global Middle Office & Product Control team. This is a great opportunity for someone who currently works in Middle Office Operations that would be interested in moving into Finance - study support will be provided for various finance qualifications.

Responsibilities:

  • P&L Reporting:
    • Prepare and distribute timely and accurate daily P&L and Profit Attribution Analysis
    • Review for large fluctuations daily and bring to the attention of management
    • Perform Front-Office to Back-Office reconciliations
    • Gain a working knowledge of the trade flow process
    • Develop a thorough understanding of the G/L's and settlement systems
    • Ensure correct bookings in the general ledger
    • Ensure that new products are set up correctly in the P&L tracking process
  • Balance Sheet and Income Statement line item management:
    • Have an understanding of product related balance sheet and income statement line items
    • As appropriate, record, upload, reconcile and/or coordinate general ledger postings for product related activity
    • Prepare P&L and Balance Sheet Reconciliations as part of month-end close
    • Co-ordinate with legal entity and regulatory accounting, risk, operations, and other support groups
  • Analysis and process improvement:
    • Create and update monthly analysis with regard to key business drivers
    • Prepare commentary and standard period over period analysis

Requirements:

  • 1 - 2 years Middle Office experience
  • Equities or Fixed Income product knowledge would be beneficial
  • Bachelors degree
  • Understanding of the trade life-cycle and controls

If you are interested in discussing this opportunity further, do contract Tom Baker at Twenty Recruitment