BFC Product Associate

Job Description:
The US Equity Client Solutions Finance team in New York supports the Equity Derivatives Business. This business serves our corporate, financial, and individual investor customers by offering a wide variety of equity linked derivative products.

You will be expected to lead and collaborate with the desk and other business partners, impose structure on complex issues and focus on delivering solutions in line with the long term strategic goals of the bank. An emphasis will be placed on extensive product knowledge as it relates to independent price testing of our derivative portfolio. More detailed characteristics you will be expected to display are described below.

Responsibilities:

• Daily P&L & Balance Sheet Oversight
• Complex derivative price testing (Call spreads, cliquets, vol/var swaps)
• Production and/or review of official daily P&L explain and its provision for VaR backtesting
• Responsibility for daily management adjustments to P&L
• Daily P&L reporting to local and regional management
• Review of material new deals
• Review and approval of changes to valuation adjustments & reserves
• Appropriately manages and mitigates operational risk

Required Skills

Bachelor Degree in Accounting/Finance

Strong financial analytics experience

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)

Desired Skills

CPA/CFA, or other advanced certification

3-6 years of equity derivative product control

Experience with Bloomberg, or Hyperion/Essbase/SAP

Insight/Essbase experience

Product experience (equity derivatives specific)

Understanding of the Greeks

Experience with complex derivative price testing

Control focused, analytical, team oriented, comfortable with complex products

Shift:
1st shift (United States of America)

Hours Per Week:
40