Description
Hedge Accounting HAT SME Product OwnerUp to £831.81 p/d Umbrella
London/Hybrid
Contract until end of 2023
If you're looking for a career that will help you stand out, and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, offers opportunities, support and rewards that will take you further. We are currently seeking an experienced individual to join this team in the role of Hedge Accounting HAT SME Product Owner
Hedging Units are part of Product Control ( PC'), which is part of Global Finance. PC provides independent control and assurance, product expertise, commercial insight and guidance to all businesses involved in trading activities throughout.
Role context
GHU is aimed at delivering a globally consistent set of policies, processes and controls guidance to the RHUs, and to provide support to Treasury and to Markets Treasury for their hedging strategies where hedge accounting is applied. In order to discharge their duties, GHU and RHUs work closely with the Financial Control and Financial Risk Reporting to ensure that the existing hedge accounting treatment is compliant, is in line with general industry practices and is adequate to achieve the relevant risk management strategies.
Specific responsibilities can cover some of the below
Act as RHU SME in business analysis by defining current and target state hedge accounting business process flows, describing use cases and defining requirements; liaise with business/IT BA/Dev to explain the documented requirements.
Act as Product Owner - Represent the users to seek inputs (where needed) and ensure the Product Backlog is reviewed and prioritised in the backlog grooming meetings, and making decisions to enable the optimal outcome.
Provide user training for new business products (eg hedge documentation in PCP)
Participate in and/or conduct show and tell demonstrations of the product to users as it is developed
Experience/Skills required
Extensive practice in hedge accounting in PC, Treasury/ALCM or other Finance environments
Ability to distil complex hedge accounting concepts into practical and efficient processes and controls
Understanding the operation, the related risks and the accounting of banking products, including good knowledge of financial instruments and practices (if not held at start, rapid accumulation of this knowledge is required)
Knowledge and experience of applying IFRS accounting standards in practical business situations
Accounting, business or relevant degree qualification or equivalent experience
Capacity to manage multiple tasks while being able to prioritise deliverables in the due timeline
Effective leveraging of GHU and RHU resources to ensure that internal and regulatory expectations can be met whilst maintaining appropriate control standards
Rapid escalation for issues as they arise
Team player with positive service attitude with an understanding of the project life cycle and an understanding of risks and issues and when and how they should be escalated
Excellent communication skills, both in verbal and in writing, to abroad range of stakeholders including PC, Finance Change, Finance and Business IT, Treasury and Markets Treasury, Global Accounting Policy
Present and document requirements in a clear and concise manner appropriate to the audience
Experience of agile delivery techniques such as the Scaled Agile Framework and tooling such as Confluence and JIRA would be an advantage
Self-motivated, proactive and delivery focused, but who is also able to demonstrate strategic vision and a strong ability in problem solving