BFC Product Associate - GCCS LOB

Job Description:

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.       

Areas of responsibility include

• Financial reporting and disclosures
• General ledger close and reconciliations
• Management reporting and analysis
• Regulatory capital disclosures
• Price Testing
• Sector analysis
• Stress Test and Forecasting

Process analysis, documentation of policies and procedures and evidencing of results are also of primary importance in this role. Trading desk support, including interpretation of accounting policies and ad hoc reporting, is another critical requirement. Throughout the tenure of the role, the teammate should gain exposure and acumen in the Global Markets/FICC area of the organization and develop or improve the following skills: GAAP (with a focus on Fixed Income), Management and Regulatory/SEC reporting, as well as written and oral communication skills.                                                    

Required Skills

• Bachelor Degree required - Accounting/Finance preferred
• 1-4 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

Responsible for balance sheet, general ledger and/or product controls specific to a defined area or defined process. Understands the market and the market drivers of the product they are supporting. Understands more complex structured transactions and the operational risks around the end to end product lifecycle. Implements improvements to the system infrastructure and control environment. Provides general team guidance on complex transactions. May provide input to recruiting and hiring and performance management processes. BA preferred or substantially equivalent experience. Typically 5-7 years of applicable experience. To be used for employees in Global Markets only.

Shift:

Hours Per Week: