MAIN DUTIES/RESPONSIBILITIES OF THE ROLE:
Essential Responsibilities:
The P&L Analyst will be responsible for the timely & accurate production of T0 & T1 P&L and assist in performing firmwide valuation controls. This role will provide NY support to the Product Control & Valuations team while also
liaising with the key stakeholders of the Commodities Business including PMs, Risk, Trading COO, Technology and TAs.
- P&L Explanation & Model Validation – junior product controller to help facilitate T+0 and T+1 P&L production and explanation to senior management, portfolio managers, and business leads.
- Pricing - Perform verification/checks of inputs used in pricing and models: e.g., pricing sources, curve models, including challenging Counterparty valuations.
- Primary Interface – the function will interface primarily with portfolio managers, operations, fund accounting, Risk, and etc. to resolve P&L related issues and coordinate the resolution of those issues.
- Daily/Monthly Valuation support – responsible for preparing and reviewing valuations for the entire firm’s portfolio, covering a wide variety of products with an initial primary focus on credit. Help drive Policy implementation, current Valuation Policy to new processes, and system improvement in partnership with the trading COO team, Technology. Review reconciliation reports and provide explanations where appropriate: stale prices, outsized moves, mark overrides, cash break, reconciliation vs administrator, “mark to model” reviews.
PERSON SPECIFICATION
WORK EXPERIENCE/BACKGROUND:
- Approximately 3 years of relevant experience
- Experience with commodity is a must. Working knowledge of listed derivatives and other products cleared at PB, FCM and or other cleared exchanges.
- Good understanding of corporate action, tax, security master or reference master of listed products.
- Experience with price testing and other month-end related dealing with administrators or other outsource services/vendors.
- Solid understanding of market behaviour, i.e. able to associate market events with P&L explain
TECHNICAL/BUSINESS SKILLS & KNOWLEDGE:
- Highly motivated and a self-starter with attention to detail and a high level of intellectual curiosity
- Highly process oriented and strong controls mind-set
- Effective communicator and great operator who is able to interact with traders and Portfolio Managers with results oriented mind-set
