Job Information
US Tech Solutions Operations Analyst - Level 2 Non-Exempt in Montreal, Quebec
JOB DESCRIPTION
Credit P&L Controller
Departmental Objectives
The preparation and supervisions of daily and monthly management revenues for the Rates and FXLM activity and their reconciliation with the estimates of the traders and with the financial accounts
The participation in business development initiatives across client support functions and locations
Analysis and reporting of daily P&L with detailed Greek breakdown for multiple products including futures, options, equities, variance & correlation swaps, interest rate derivatives and Structured Products
Reconciliation of PnL to Front office estimates with detailed Greeks and New deal breakdown
Resolution of PV breaks between client/ counterparty settlement amounts and P&L control estimates
Substantiation and resolution of Back office ledger vs. P&L systems cash breaks on a daily basis
Ensuring the pricing configuration complies with trading strategy and internal controls, collaboration with V&RC and Risk required to enforce consistency
Analysis, understanding and commentary on PnL using analytical tools
Working with front office and trade support and other parts of the middle office to resolve operational and booking issues
Working with front office and market risk to finalize month end PnL validating Map and Reserves at the trading book level
Collaboration with Risk to evaluate and explain cash and PV movements above established thresholds to facilitate risk reporting
Ensuring the MTD management P&Ls are consistent with the final end of month general ledger P&L
Lead new systems deployment which is not limited to being part of TAC/NAC, gathering requirements, testing UAT database, ensuring results match expectations and reporting impacts
Discussing and reviewing trading P&Ls with management
Assist with the training and development of junior (analyst) members of the team
Continuously improving controls
Continuously improving efficiencies
Trader Support & Customer Service
Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries
Interact with Operations functions and other infrastructure groups to support a ‘one team approach’
Resolve all issues / conflicts and strive to meet or surpass the service level agreement
Manage deadlines and objectives
Minimum Required Qualifications:
Bachelor’s degree or equivalent required
4 + years of previous experience in P&L Control, Finance, Trade Support, Valuations, Risk, or Front Office environment including 2+ years of P&L Control covering Fixed Income derivatives & hedges (Treasuries, Corporate Bonds, CDS, CDX,IRS, FRAs, Caps/Floors, Swaptions, and FX Products)
Strong working knowledge of P&L attributes/Greeks
Superior attention to detail and accuracy
Strong interpersonal and communication skills a must
Ability to work in a fast paced environment
Ability to work as part of a team in a “split team” organization
Strong Excel & PC skills with proven ability to work with multiple systems
Spirit of continuous improvement
Display good relationship qualities, team spirit, and ability to work across teams
Possess Control mindset
Preferred Qualifications:
Working knowledge of Programming languages such as VBA & Python (strong preference)
Graduate degree in Finance, Math or Engineering or other quantitative disciplines
Previous experience in Fixed Income P&L
Fluency in financial markets with an emphasis on Fixed Income
Experience in pricing, valuation or hedging of derivatives
About US Tech Solutions:
US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com (http://www.ustechsolutionsinc.com) .
US Tech Solutions is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity,
national origin, disability, or status as a protected veteran.