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Business Finance & Control Product Associate (Global Mortgages and Securitized Products)

New York, New York

Job Description:

The proposed Business Finance and Control ("BFC") Product Associate role will support daily control functions within the Global Mortgages and Securitized Products (GMSP) Trading space.  Product coverage will span across multiple Trading desks covering cash securities, loans and derivatives.  Main responsibilities of the Product Controller can include:

(1) Daily Balance Sheet analysis and commentary, P&L substantiation to market events, significant transaction review
(2) Monthly close functions, processing of journal entries, accounting adjustments, reconciliations, reserve and valuation adjustment calculations
(3) Partner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolution
(4) Quarterly management and regulatory reporting including fair value disclosures, rollforwards, revenue/balance sheet variance commentary
(5) Sarbanes-Oxley related control activities and coordination
(6) Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelines
(7) Working on initiatives to simplify/automate manual processes

Required Skills:

  • Bachelor Degree (Accounting/Finance preferred)
  • 1-2 years financial industry/banking experience (Product Control background preferred)
  • Advanced experience/skills with Excel and complex spreadsheets
  • Strong financial analytics experience
  • Candidate must be able to work both independently and as team member
  • Strong communication and problem solving abilities

Desired Skills:

  • Experience with Oracle/eLedger queries and general ledger postings

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

The proposed Business Finance and Control ("BFC") Product Associate role will support daily control functions within the Global Mortgages and Securitized Products (GMSP) Trading space.  Product coverage will span across multiple Trading desks covering cash securities, loans and derivatives.  Main responsibilities of the Product Controller can include:

(1) Daily Balance Sheet analysis and commentary, P&L substantiation to market events, significant transaction review
(2) Monthly close functions, processing of journal entries, accounting adjustments, reconciliations, reserve and valuation adjustment calculations
(3) Partner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolution
(4) Quarterly management and regulatory reporting including fair value disclosures, rollforwards, revenue/balance sheet variance commentary
(5) Sarbanes-Oxley related control activities and coordination
(6) Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelines
(7) Working on initiatives to simplify/automate manual processes

Required Skills:

  • Bachelor Degree (Accounting/Finance preferred)
  • 1-2 years financial industry/banking experience (Product Control background preferred)
  • Advanced experience/skills with Excel and complex spreadsheets
  • Strong financial analytics experience
  • Candidate must be able to work both independently and as team member
  • Strong communication and problem solving abilities

Desired Skills:

  • Experience with Oracle/eLedger queries and general ledger postings

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21045032

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Jeannie Jones-Pickering

Referral Bonus:

0

Street Address

Primary Location:
250 VESEY ST, NY, New York, 10281