The Collateral Trading Optimization (CTO) Business Finance & Controls (BF&C) team is part of GBAM Finance and is responsible for coverage of the Collateral Trading Optimization business. The CTO desk is a desk within the Counterparty Portfolio Management business. The CTO desk’s mandate is to manage funding and capital costs of the GBAM derivative portfolio across all legal entities and business units in collaboration with other CPM desks.
The Finance team supports the desk in a Business Finance Officer (BFO) capacity, ensuring proper reporting of the balance sheet and financial results. Core responsibilities will include helping with daily, weekly and monthly risk and P&L reporting, explains, and commentary, quarterly accounting disclosures if needed, daily and monthly P&L and account reconciliations, balance sheet reviews, coordinating with audit (internal & external, SOX), month end close, reserve calculations, pricing adjustments and planning/forecasting.
As part of the responsibilities of the role, the teammate will also develop business partner relationships with the Front Office, various businesses, controller groups and other support partners. Throughout the tenure of the role, the teammate should gain exposure and acumen in collateral, systems used for collateral, FTP, and several other areas of the organization. The candidate will develop or improve the following skills: Business Partnering, Management Reporting Focus, Process Control, and Capital Management.
This is a well- rounded role in which candidates have the opportunity to partner with the CTO desk (Front Office), Risk and other senior finance managers. Candidate will be exposed with how to deconstruct balance sheet and P&L to provide analytical support to the desk and other business partners.
Shift:1st shift (United States of America)
Hours Per Week:40
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