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The Global Credit & Special Situations (GCSS) Finance team is part of the CFO organization. The primary focus of our team is to support the GCSS Distressed Trading business through the implementation and execution of key control processes including legal financial books and records, valuations control, regulatory matters, forecasting, P&L explain, and balance sheet analysis. The desk trades in a range of products including Loans, Bonds, Equities, CDS, Interest Rate Swaps, Aviation Leases and Trade Claims. Key priorities for our team include proactive execution of controls, accurate reporting and analysis of financial results and forging strong relationships with business partners to assist in decision making.
This job is responsible for leading business analysis for a Line of Business (LOB) by producing all financial reporting and disclosures in partnership with senior management, front office, and other business stakeholders. Key responsibilities include applying a knowledge and understanding of product(s), processes, and inherent risks of a product, business or function to analyze and substantiate Profit and Loss (P&L) attributes and balance sheets, establish infrastructure for new products, and approve ledger journal entries.
Responsibilities:
Prepares and analyzes balance sheets and Profit and Loss (P&L) reports and validates postings and balances for a product aligned to a Line of Business (LOB) using knowledge of financial products, market risk profiles, and risk mitigation techniques and strategies
Supports the development of strategic and annual planning and implementation, performing profitability analysis, forecasting, and financial reporting for a product or general ledger account type
Oversees a set of product(s) or general ledger account(s) and maintains financial responsibility, including accountability for accuracy of financial reporting for Profit and Loss (P&L) activities
Partners closely with the front office, Operations, and Technology to define business finance processes and implement related technology solutions
Supports delivering, designing, maintaining, and enhancing Value at Risk Back-Testing (VBT) data and Management Information System (MIS) processes that may impact multiple product control businesses
Analyzes regulatory matters, such as the Comprehensive Capital Analysis and Review (CCAR) and Recovery and Resolutions Plans (RRP), to assess risk modeling practices within the bank
Required Qualifications:
Minimum 2 years of experience in financial industry/banking experience
Experience with Credit Products / Structured products
Strong financial analytics experience
Advanced experience/skills with Excel and complex spreadsheets
Candidate must be able to work both independently and as team member
Strong communication and presentation skills
Strong problem solving and analytical abilities
Desired Qualifications:
Bachelor Degree in Accounting/Finance
Skills:
Analytical Thinking
Attention to Detail
Financial Accounting
Financial Management
Reporting
Business Analytics
Data Quality Management
Financial Processing
Price Verification and Valuation
Scenario Planning and Analysis
Business Acumen
Critical Thinking
Influence
Prioritization
Problem Solving
Shift:
1st shift (United States of America)Hours Per Week:
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