Fixed Income Product Controller
- Recruiter
- CommBank
- Location
- Sydney CBD Area
- Salary
- Not disclosed
- Posted
- 28 Jan 2022
- Closes
- 25 Feb 2022
- Ref
- REQ156528
- Approved employers
- Approved employer
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
See yourself in our team
Institutional Bank and markets (IB&M) build deep relationships with large private and public sector organisations, providing them with bespoke solutions that meet their complex needs. This is delivered through a full range of financial markets capabilities, capital raising solutions, transaction banking services and risk management products and services.
IB&M Finance supports the business in providing financial control, financial analysis and insight, product control, regulatory accounting and related project and strategy implementation support.
Product Control is a key part of IB&M Finance. It is a global team responsible for the independent oversight and financial control of the Global Markets business.
The product controllers mandate is to maintain a strong control framework around daily P&L and financial reporting. In addition, developing relationships with Front Office & other stakeholder areas such as Risk and Operations will be a key success factor in order to promote the Product Control group as a trusted and respected business partner.
Do work that matters
As a product controller for the Fixed Income and Currency Trading business in Global Markets your responsibilities will include:
- Preparation of daily P&L reports
- Analysis and interpretation of daily results in line with market moves, P&L drivers and risk positions including investigating variance to trader estimate and ensuring revenue attribution is accurate
- Liaise with Front Office, Operations, Market Risk, and other stakeholders to resolve issues
- Partner Front Office on strategic desk initiatives
- Ensure the accuracy and integrity of product source system data interfacing the general ledger
- Balance sheet substantiation
- Month End ledger close
- Assistance in statutory and regulatory reporting
- Ongoing enhancements to improve efficiency and controls and add value to the business
- Involvement in project work
We’re interested in hearing from people who have
- CA/CPA qualification
- Numerate with good understanding of financial products including derivatives
- Strong accounting skills
- Good working knowledge of relevant Financial Reporting standards
- Product system / General Ledger system skills
- Strong Excel / VBA / SQL skills
- Understanding of valuation concepts and methodologies
- Excellent Communication skills leading to openness, honesty & transparency at all times
- Understands business drivers to provide genuine business valued output and analysis
- Actively builds relationships within and across business streams, functional areas and regions
- Control focussed with the ability to manage and meet deadlines
- Risk Mindset – All CommBank employees are expected to proactively identify and understand, openly discuss and act on current and future risks
The health and safety of our people, customers and communities is our number one priority. This means that we require all of our employees to be fully vaccinated against COVID-19. Please speak to us if you have any questions about this based on your individual circumstances.
If you're already part of the Commonwealth Bank Group (including Bankwest), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.
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Advertising End Date: 24/02/2022For further information, and to apply, please visit our website via the “Apply” button below.
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