Description
My client a leading global bank, is looking for an experienced Finance Analyst to join the organisation's Finance and Modelling work-stream for the SME derivative miss-selling review programme.
Responsibilities
- Updating and validating historic cash-flow data for affected trade population
- Investigating reconciling differences between historic cash-flow data and Nostro accounts
- Communication of status/updates to Finance/Modelling project management team and Work-stream Lead (as appropriate)
- Liaising with Global IT team to obtain and refresh cash-flow data from trade booking systems (Summit) on a regular basis
- Liaising with appropriate experts to resolve issues as they arise (eg Technical Accounting Team, Pricing Team, Business Heads, Global IT)
- Supporting wider Finance/Modelling work-stream activities (eg Provision Analysis)
- Performing daily review of control checks on trade bookings, balance sheet and P&L impact from execution of client redress payments
- Providing support on month-end financial reporting tasks for the project (such as analysis on redress costs, FX sell-off, balance sheet substantiation, risk and tax reporting)
- Providing support to Finance lead on ad hoc requests, including provision calculations and in depth analysis of MoM movements.
Requirements
- Part Qualified Accountant
- Project planning and execution, including:
- Ability to react to change in scope/timeline and re-plan/prioritise accordingly
- Experience of working in a high pressured environment
- Experience in working across a wider team, ensuring appropriate handoff between work streams
- Ability to use Microsoft Access (non-development)
- Advanced Microsoft Excel skills.
- Strong numeric and analytical skills with ability to understand and interpret complex information and recognise patterns and trends from set of data and to be able to articulate these to senior management.
- Motivated self-starter with flexible approach and complex problem solving ability.
- In depth understanding of accounting principles in relation to fair value, accrual and hedge accounting.
- Delivery focused with close attention to detail
- Previous exposure to derivative products (interest rate derivatives preferred)