Analysis and verification of P/L and risk positions for the MBS trading desks.
Estimate trading P/L for trading desks based on daily market movements, explain differences to reported P/L
Communicate analysis to traders, Finance management, and other business partners.
Work with and provide oversight to analysts producing daily P/L to provide guidance on exceptions, complex transactions, and significant risk items.
Work with Trading and Technology groups to implement enhancements to current infrastructure.
Create tactical solutions to critical questions and enhancements.
Consult with various Finance analysts and drive the design and creation of tools used to support the business.
Utilizes thorough knowledge and understanding of product and trade life cycle flow.
Responsible for end to end daily P&L and B/S production processes.
Performs ledger closing of books during month end, posts journal entries, prepares and may review FOBO reconciliation between systems.
Coordinates and resolves any system discrepancies.
Required skills include:
Bachelor's Degree in related field required
5+ years' experience with P/L and risk processes
Experience with applying risk factors to explain P/L movements
Exposure to a trading environment
Very strong Excel skills along with experience or training with R Studio/Alteryx/Python or Tableau.
The ability to analyze, reconcile, and interpret large amounts of data
Strong detail orientation
The ability to manage multiple priorities
Excellent time management and prioritization skills, with ability to meet tight deadlines.
Excellent communication skills across all levels
Desired Skills include:
1st shift (United States of America)
Hours Per Week:
Bank Of America Corporation