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- 8 October 2008
- Reference: JR199291
-
Credit Derivatives - Business Unit Control - London
- City of London £45,000 - £55,000 p/a Permanent
This excellent opportunity for a Credit Derivatives- Business Unit Controller has arisen within a highly respected Top Tier Investment Bank. The role is within structured credit derivatives and encompasses a wide range of products (Cash CDO's , CPPI and CPDO's). The main responsibility of the Credit Derivatives - Business Unit Controller is to perform the daily and monthly Business Unit Control function located in London.
Our client advises clients, provide finance and supply liquidity. Their activities range from helping clients raise capital and execute their most strategic moves to offering straight forward loans, structured finance or delivering asset liability driven transactions.
The key responsibilities for the Credit Derivatives - Business Unit Controller include:
-Production of the daily P&L and performance of ad-hoc roles surrounding the process
-Frequent and effective liaison with trading desk, risk, operations and all other areas of the business
-Daily P&L attribution explanation and commentary
-Daily review of portfolio nostro reconciliation liaising with the operations department to ensure all breaks are cleared on a timely basis
-Full monthly reconciliation between reported P&L and general ledger.
-Good understanding of the components of the balance sheet ensuring that all accounts are
reconciled and substantiated.
Our client is seeking a part qualified/finalist accountant (CIMA, ACCA or ACA) with Credit Product Knowledge and be confident in double entry accounting associated with products under their control.
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