USTECH Solutions
Location
Montréal, QC | Canada
Job description
*Duration: 18 -month assignment Full-Time
* Employment Type: W-2
Job Description:
· The preparation of daily and monthly management revenues for ALM Treasury, and their reconciliation with the estimates of the traders and with the financial accounts
· Ensuring the Economic P&L is correct at the most granular level (Deal level or P&L Explain effect level when relevant).
· Informing FO trading of any issue or adjustment having an impact on FO risks or on Cash management.
· Responsible for maintaining an Audit Trail of all reconciliations, adjustments, FO signoffs and MO P&L validations.
· Analysis and reporting of daily P&L with detailed breakdown for multiple products including repo, loan and deposits, treasuries, listed derivatives, FX, and IR swaps.
· Reconciliation of PnL to Front office estimates (when available) with detailed breakdown of P&L drivers
· Contribution to resolution of Back-office ledger vs. P&L systems breaks .
· 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 part of the middle office to resolve operational and booking issues.
· Ensuring the MTD management P&Ls are consistent with the end of month general ledger P&L
· Discussing and reviewing trading P&Ls with management
· Work closely with Finance to address Economic/Finance P&L breaks.
· Ensure timely and efficient dissemination of data and the resolution of inquiries.
Minimum Required Qualifications:
· Bachelor’s degree or equivalent required
· At least 2 years of experience in P/L, Valuation, Trade support, Risk or Finance including at least 1 years in a P&L function.
· Working Knowledge of the following financial products: Loans & Deposits, FX Products, Interest Rate Swaps, Bonds, Repos, and Listed Derivatives.
· Strong Excel & PC skills with proven ability to work with multiple systems.
Preferred Qualifications:
· Graduate degree in Finance, Accounting, Math , Engineering, or other quantitative disciplines
· Experience in pricing, valuation or hedging of derivatives .
· Project management experience deploying new models or system migration.
· Working Knowledge of programming languages - such as VBA & Python
· Experience with Fair Value Hedging methodologies (Interest Rate hedging, currency hedging, etc.)
· Working Knowledge of best practices related to funding methodologies, cost of carry analysis, or other cash management related functions.
· Working knowledge of liquidity P&L computation including balance sheet value at risk and liquidity transformation for cash products.
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.
Job tags
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