Sr Fin. Analyst - Fin Business Support - Counterparty... Portfolio Mgmt -
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Sr Fin. Analyst - Fin Business Support - Counterparty... Portfolio Mgmt -
Ref No.: 16-09820
Location: Charlotte, New York
Description:
The Counterparty Portfolio Management (CPM) finance team is part of the GBAM CFO organization. The CPM desk manages XVA on Global Markets derivative portfolio, this consist of CVA (counterparty credit), DVA (own credit), FVA (funding), KVA (capital), and any other related future pricing components on the derivative portfolio. This role involves assisting the business in implementation of new initiatives/projects related to valuation/pricing of XVA components. Position includes review of upcoming regulatory changes (UMR, FRTB, etc) and market practice changes (migration to central clearing, etc) as they impact derivative valuation and revenue recognition.
The primary focus of our team is to
1) Review valuations and perform price testing on XVA portfolio
2) Review and analyze the PnL and risk drivers
3) Review the month end close and perform quarterly disclosures related to XVA
4) Determine revenue recognition and new deal analysis along with interacting with other finance groups to understand XVA impact on new deals
The teammate in this role will see firsthand how current and future market and regulatory changes impact derivative pricing and valuations. In addition, the individual will actively involved in discussions/process of XVA valuation changes in a dynamic environment. The individual will be responsible for independent price testing routines, assisting in month-end close process, and assistance with implementation of CPM new business initiatives. As part of the responsibilities of the role, the teammate will develop business partner relationships with trading desk and other support partners throughout the firm. Throughout the tenure of the role, the teammate should gain exposure and acumen in global markets area of the organization.
Our business partners include the XVA trading desk. Key priorities for our team are ensuring the financial controls are in place for the XVA trading desk, provide feedback to the desk on price testing, valuation adjustments and daily, weekly and monthly PnL events, review the effectiveness of hedging and reviewing impact on new deals.
Qualifications:
Required Skills
  • Bachelor Degree in Accounting/Finance
  • 4-8+ years financial industry/banking experience
  • 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 (Excel/Essbase)
Desired Skills
  • MBA, CPA, CFA, or other advanced certification
  • Experience with Bloomberg, or Hyperion/Essbase/SAP ]
  • Insight/Essbase experience
  • Control focused, analytical, team oriented, comfortable with complex products
Travel:
No
More Information About the Job
Is Relocation Available?
No

Are you open to sponsorship?
No

Are there flexible work hours?
Yes

Is there a possibility to work remote?
No

This position is:
Backfill

Is there a bonus structure?
15%

Is there equity?
No

Who does this position report to?
Manager of Counterparty Portfolio Mgmt team

Does this position have direct reports?
No

What are the 3-4 non-negotiable requirements on this position?
3-5+ yrs of financial svs/banking industry with product control exp Experience with Global Markets products Strong financial analysis skills (P&L, Balance sheet, valuations experiences)

What is exciting about this opportunity? Please use this section to describe team and company culture.
The Counterparty Portfolio Management (CPM) finance team is part of the GBAM CFO organization. The CPM desk manages XVA on Global Markets derivative portfolio, this consist of CVA (counterparty credit), DVA (own credit), FVA (funding), KVA (capital), and any other related future pricing components on the derivative portfolio. This role involves assisting the business in implementation of new initiatives/projects related to valuation/pricing of XVA components. Position includes review of upcoming regulatory changes (UMR, FRTB, etc) and market practice changes (migration to central clearing, etc) as they impact derivative valuation and revenue recognition.

Statement to Third Party Agencies
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