Vacancy expired!
- Client's Finance Division is comprised of various global functions, including: Product Control, Treasury, Controllers, Balance Sheet Substantiation, Financial Projects & Initiatives, and Financial Planning and Analysis.
- The Finance Division is the guardian and communicator of key financial information and controls.
- As a partner with Client's various businesses, Client Finance drives business franchise and legal entity decisions on capital planning, liquidity, budgeting, tax, strategic direction and policy management.
- Product Control is a global control function within Client Finance and is responsible for the accounting and financial reporting of business units.
- Product Control reports daily and monthly revenues and is responsible for key controls over data integrity and reconciliations, P&L and Balance Sheet reporting, P&L attribution analysis (PAA), new activity review, valuation control and some aspects of regulatory reporting.
- Conformance testing - perform deep dives and compliance around MCA policies and procedures
- Drive consistency around controls and implement best practices
- Co-ordinate and help prepare with Internal and External Audit Examinations
- focus on policies, both Global Controls Office specific and Client wide impacting BCMA
- represent BCMA in the growing 'champion' forums
- compile and present Volcker functional decks
- challenge reconciliations and aging of BS accounts
- monitor (& create) metrics and drive improvements (adj & EUC reduction)
- horizontal reviews across regions on what we are doing and how, e.g. MCA documentation and ratings
- set up and monitor JIRAs, IMRs, relevant CAPs
- engage in BCMA's input into regulatory disclosures given the increased governance framework
- engagement on detailed issues as well as identifies and mitigates broader issues and risks
- enhancing the existing controls framework that strengthens the control environment through centralization, standardization, and automation resulting in increased transparency into Controls Framework.
- collaboration across businesses and functions to improve identification, quantification, measurement, reporting and governance of internal control environments.
- The role will involve daily interaction with other managers throughout the global organization, including but not limited to Directors and/or Managing Directors of Finance, Trading Desks, Risk Management, Business Unit Management, Operations teams.
- Bachelor's degree required, Finance and/or Accounting degree preferred.
- Advanced degree, Professional Accounting qualification and/or CFA a big plus.
- Minimum 6 years related business experience required; experience supporting Banking Units, Internal Control or Audit would be an advantage.
- Must have a strong knowledge in accounting fundamentals, project management, financial modeling.
- Excellent communication and negotiation skills, both verbal and written.
- The successful candidate needs to be able to communicate complex Valuation and PAA matrices and issues with a variety of audiences who have varying levels of expertise.
- A control focused mind-set with strong process improvement capabilities. Must be able to evaluate relative control risks and develop creative solutions
- Able to determine strategic direction and influence the control framework
- Good understanding of regulations
- Ability to manage a team and work effectively under pressure in a rapidly changing environment
- An ability to influence senior stakeholders and generate support in a matrix reporting environment for key initiatives
- Strong analytical and problem-solving skills with an ability to directly engage on detailed issues but also an ability to absorb summary data to identify and mitigate broader issues and risks
- Motivated, organized, and team oriented
- COVID-19 considerations: All individuals working on-site must be fully vaccinated against COVID-19.
Vacancy expired!