ABOUT Treasury/Chief Investment Office:
T/CIO Global Operations is part of the Treasury/Chief Investment Office (T/CIO) which is responsible for firm wide asset and liability management including:
Aggregating and managing the firm’s structural interest rate risk, primarily through a global investment portfolio.
Managing the firm’s funding and liabilities, including both long term debt and short term cash deployment.
Aggregating, managing and reporting the firm’s liquidity risk.
Aggregating and managing the firm’s structural foreign exchange.
Managing the end to end risk weighted assets and capital process.
ABOUT Execution Middle Office: The execution middle office provides transaction analysis, P&L and risk, and project support to the T/CIO desks which execute transactions and manage resulting positions. You will participate in the effort to ensure the business’s dynamic environment is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as drive projects. You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlement, financial control, market risk, interest rate risk, liquidity risk, and technology.
A qualified candidate will possess a financial mindset, an appreciation for complex system flows and the controls necessary to ensure their accuracy, a thorough understanding of financial instruments and relevant accounting principles, an aptitude for root/cause analysis, and an overriding eagerness to exhibit leadership and drive.
Production and substantiation of P&L and Risk to CIO/Treasury FO/Management
Provide supervisory oversight of daily P&L/Risk process and Regional/Global management reporting
Provide oversight of daily system to system reconciliations
Oversight/Monitor various corporate feeds relating to CIO & Treasury
Monitor Market Risk related controls- includes updating/monitoring of risk limits, report clean P&L for VaR back testing, various risk reporting
Monitor Credit risk related controls and includes working in close partnership with Credit Risk & reporting teams, produce country risk reporting, monitoring and escalation of collateral valuation differences
Contribute to New Business initiatives including active participation to on-board a new product & designing MO work flow, provide analysis/advice around booking strategies & operational procedures
Actively run Strategic Re-engineering and global projects involving front/back end systems and closely partner across 3 regions.
Provide support for any ad hoc requests and queries from various stakeholders
Review current processes, identify opportunities for improving efficiency & controls and delivering tactical/strategic solutions
Work in close partnership with Market Risk, Credit Risk, Business Management, Trade support, Financial controllers, VCG, Technology, PMO & other regional MO to ensure adequate controls on overall P&L & Risk numbers
Understand & contribute to various control frameworks, i.e. Control Self Assessment (CSA), Sarbanes Oxley (SOX) & Business Control Committees (BCC’s)
Participate and contribute to firm-wide initiatives which includes global projects on re-engineering risk management & back office system, improvement
Degree in Finance, Accounting, Risk or related field required e.g. CPA, CFA, FRM or other management discipline desired
Experience with Middle Office, Market Risk, Valuation, Finance or Product Control desired
Understanding of trade life cycle, P&L explains, Market Risk reporting
Good derivatives product knowledge with hands on experience in FX, Interest Rate, Fixed income & Treasury products desired
Good understanding of transaction cycle, infrastructure & associated operational and financial processes and controls
Works independently and takes decisions, escalates when appropriate
Good communication skills, robust and credible partner
Detail oriented, ability to deep dive on processes and improve controls/efficiencies
Strong relationship-building and networking skills
Ability to deal with high level of adhoc requests and deliver under pressure
Excel/ MS PowerPoint proficiency