Sr P&L Controller

2 weeks ago


Jersey City, United States 247 Headhunting Full time
Job DescriptionJob Description

Job Title : Sr P&L Controller (Rates/Credit)

Location :  Jersey City, NJ USA

18-month contract
This is not a remote position


Responsibilities :

  • Reconcile daily FO P&L to the Official P&L
  • Explain and comment on economic P&L using P&L Explain Tools
  • Produce a Step Reval Explain and Risk based P&L Explain on a daily basis
  • Engage trade support and Front Office to resolve operational & booking issues
  • Work with Front Office, Finance, and Market Risk to finalize month end P&L
  • Discuss and review trading P&Ls with management
  • Ensure all appropriate controls and processes are executed and well documented
  • Substantiate and resolve Back office inquiries, ledger vs. P&L systems
  • Contribute to ongoing process and control improvements / efficiencies
  • Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries
  • Interact with Operations functions and other infrastructure groups to support a 'one team approach'
  • Ensure timely and efficient dissemination of data and the resolution of inquiries
  • Identify and escalate time / risk sensitive issues to the team supervisor
  • Cohesively explain and maintain own position, logically, in light of differing views


Required Skills:

  • Bachelor's degree or equivalent required
  • 7+ years of previous experience in P&L Control, Financial Control, or a Middle Office environment
  • 3+ years in a P&L function
  • Solid understanding of the following products: MBS, Treasuries, Corporate Bonds, CDS, CDX,IRS, FRAs, Caps/Floors, Swaptions, and FX Products
  • Experience in pricing, valuation or hedging of derivatives and P&L Explain
  • Fluency in financial markets with an emphasis on Fixed Income
  • Prior experienced covering P&L for Mortgage Backed Securities
  • Knowledgeable of the Greeks
  • Ability to work as part of a team in a "split team organization "
  • Strong Excel & PC skills with proven ability to work with multiple systems
  • Spirit of continuous improvement
  • Display good relationship qualities, team spirit, and ability to work across teams
  • Greeks and Step effect are required.
  • MUST be from financial institution background.


Preferred Skills:

  • Graduate degree in Finance, Math or Engineering or other quantitative disciplines
  • Working knowledge of Programming languages such as VBA, SQL & Python

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