To provide an effective link between Front Office (FO) and Product Control, utilising specialist product knowledge and software skills to produce and summarise daily P&L, investigate and resolve discrepancies, obtain FO sign-off and publish final reports.
To produce a justification of the P&L via daily risk-based decomposition, and provide commentary on P&L drivers.
To ensure line managers are kept adequately appraised of pertinent issues and developments.
To ensure integrity of the bank’s books & records, including reconciliation and journal posting to bank ledger systems.
To produce month-end final revenue figures for the business and to attest to Balance Sheet accuracy.
To ensure foreign currency exposure in the ledger is hedged appropriately in accordance with policy.
To perform various data integrity checks (e.g. erroneous end of day prices).
To ensure adequate documentation exists to support existing processes, enabling effective cross-training and cover.
To continuously review processes and identify improvements/enhancement of P&L controls.
To assist in infrastructure migrations to strategic platforms.
To assist in various local and Bank wide project implementations and change initiatives.
AUTHORITIES, IMPACT, RISK
Specific Daily and Month End P&L/Balance Sheet production activities
Covering RBC London Branch and RBC Europe Limited legal entities
Single name & Index CDS
Interest Rate Swaps
Exchange Traded Futures & Future Options
FX Spots & Forwards
ABS and RMBS securities
Global Risk Management
London IT Functions
Excellent numerical skills with the ability to problem solve in a logical manner.
Capable of working to tight deadlines & under severe time pressure.
Strong software skills (particularly Excel).
Thorough, good communication skills, cool temperament, reliable.
Effective in allocating priorities.