• Finance & Accounting
  • 10012 New York, New York
  • Salary: $130,000 - 149,999
  • Education: Bachelor’s Degree
  • Years of experience: 5-10
  • Skillset: Accounting/Finance and Experience with Oracle, SAP
  • Licensures: MBA, CPA, CFA, or other advanced certification
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PostMatches By WorkStaff USA

The Counterparty Portfolio Management (CPM) finance team is part of the GBAM CFO organization. The CPM desk manages XVA on Global Markets derivative portfolio, this consist of CVA (counterparty credit), DVA (own credit), FVA (funding), Risk Optimization, Collateral Trade Optimization, and any other related future pricing components on the derivative portfolio.

The primary focus of our team is to:

1) Review valuations and perform price testing

2) Review and analyze the P&L and risk drivers

3) Review the month end close and perform quarterly disclosures

4) Determine revenue recognition and new deal analysis along with interacting with other finance groups to understand XVA impact on new deal

Specific description:

The candidate will work within the CPM Business Finance & Control team and will need to build a strong relationship with the business and other support functions. Strong communication skills, and a technical background in Global markets trading businesses, preferably XVA related.

The role will include the following:

  • Oversight for the production of Daily, Weekly and Monthly P&L reports
  • Oversight on the official daily P&L explain and its provision for VaR backtesting.
  • Regulatory capital disclosures, Price Testing, Stress Test and Forecasting.
  • Oversight on the production of monthly price testing/valuation reports.
  • Participate in the monthly and quarterly close process
  • Maintaining/updating valuation adjustment & IPV Desk Level Procedures (DLP)
  • Responsible for being audit compliant and meet the regulatory requirements.
  • Partner closely with Front Office, Operations and Technology to define business processes and implement related technology solutions.
  • Candidate will be involved with complex issues that impact multiple lines of business.
  • Communication skills will be heavily utilized through working with the many stakeholders involved with implementation
  • Risk and Issue identification, Management, and resolution.
  • Bachelor Degree in Accounting/Finance

Required Skills

  • Minimum of 5-10 years financial industry/banking experience – preferred product control experience with derivatives products.
  • Strong financial analytics experience (product control/financial analysis exp)
  • Advanced experience/skills with Excel and complex spreadsheets
  • Candidate must be able to work both independently and as team member
  • Strong communication and presentation skills
  • Strong problem solving and analytical abilities (Excel/Essbase)
  • Ability to manage multiple priorities and meet tight deadlines

Desired Skills

  • MBA, CPA, CFA, or other advanced certification
  • Experience with Oracle, SAP
  • Control focused, analytical, team oriented, comfortable with complex products


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