PnL Production and Explain AVP

at  Alexander Mann Solutions AMS

AS A PNL PRODUCTION AND EXPLAIN AVP, YOU WILL BE:

• Overseeing the production of Associate members of the team providing the mandatory 4-eyes check on the figures delivered to Front Office, RISK, and Finance where required
• Reviewing and challenging the PnL delivered by Associate members of the team
• Running end of day Predict where relevant, and investigating discrepancies with the traders’ predict and understanding the economic reasons justifying the P/L (market moves, new deals, strategies etc.)
• Producing the official PnL figures, investigating the discrepancies with the expectations done the previous day and understanding the economic reasons justifying the P/L (market moves, new deals, strategies etc.)
• Reviewing the PnL Explain in depth and correcting wrong effect if no technical solution can be found to overturn the misallocation
• Reviewing the Risk based market PnL and analysing differences against the PnL Explain until the gap is understood and documented
• Reconciling the system valuation against our calculation for specific products such as Futures and Bonds
• Reviewing the cash payments expected from exotic products
• Providing Associate members of the team mentoring whether on the complex instruments or on the general PnL construction
• Delivering small-scale projects or well defined tasks on major projects to improve operational support to the business
• Actively participating in meetings to represent PnL Control function to add expertise to projects
• Establishing relationships with the Business to better understand their needs
• Deputising for manager in their absence where required

Please refer the Job description for details