Overseeing the financial statements and management reporting for Global Rates Line of Business (LOB) ensuring a sound control environment, and providing guidance on accounting for products. The role also works closely with the Front Office to optimize balance sheet and capital usage across the business and participate in key projects and initiatives.
Requirements
- 4+ years in a Finance organization with exposure to accounting, financial statements, regulatory reporting, and financial products
- Strong understanding of end-to-end reporting and control processes.
- Experience in Product Control, Financial Control and/or knowledge of Regulatory Reporting
Responsibilities
- Oversee financial statements and management reporting for Global Rates Line of Business (LOB) ensuring compliance with corporate and regulatory requirements.
- Monitor the Global Rates Balance Sheet from a Net Funding, Basel 3 liquidity ratios, Global Systemically Important Banks (GSIB), and leverage ratios perspective.
- Provide analytic support to Front Office to optimize balance sheet and capital usage across the Global Rates business.
- Provide guidance on accounting, regulatory, and capital treatment for new products liaising with Corporate Accounting Policy and Regulatory Policy groups where appropriate to ensure compliance with reporting requirements.
- Work with the Business / Front Office to ensure they fully understand developments in Regulatory framework and priorities, i.e. changes to the Capital framework, the impact of Risk Weighted Assets (RWA), Global Systemically Important Bank (GSIB) surcharge, leverage ratios, revenue recognition on structured deals, etc.
- Represent the team and lead efforts around strategic initiatives and ongoing improvements around our internal/external reporting processes.
- Establish and manage relationships with Front Office, CIB Treasury, and Corporate Financial Reporting teams.
Other
- Excellent analytical, interpersonal, communication and influencing skills.
- Ability to summarize complex information and deliver it at business executive level.
- Self-motivated and willing to take initiative; ability to thrive in a changing work environment.
- Bachelor's degree in Accounting or Finance preferred, CPA
