Analyst - Business FInance

Overview

Senior Analyst supporting end-to-end business finance control for the Securitised Products trading business, with primary focus on Mortgage-Backed Securities (MBS) and Collateralised Mortgage Obligations (CMOs), ensuring accurate, timely and well-controlled daily P&L, balance sheet substantiation, independent price verification and reconciliation of front-office to general ledger.

What you'll do

• Prepare, review and explain daily P&L for Securitised Products (MBS, CMO, CMBS), including attribution to market moves, prepayment behaviour, carry, new issue activity and trading positions.
• Provide daily commentary and FVA variance investigation to Front Office traders and senior Finance managers.
• Investigate and resolve breaks: Model vs Actual (Ledger) Cash, FO vs MO system.
• Substantiate Balance-Sheet accounts, reconcile inventory and trade populations, and ensure completeness in line with MRP policy.
• Analyse mortgage-specific drivers including prepayment speeds, CPR, PSA, TBA Exposure and Spec Pool valuation that impact P&L numbers.
• Support month-end close, including accounting to economic P&L reconciliation, journal review and certification support, including understanding of accounting principles.
• Partner with Trading, Risk, Operations, Treasury, Technology and Finance stakeholders to resolve data, booking, valuation and settlement issues.
• Engage with CTB/SME (Change the Bank / Subject Matter Expert) to deliver change.
• Ensure Standard Operating Procedures are adhered to and updated for effectiveness on a timely basis.

What you'll need

• Qualified Finance professional: CA or MBA in Finance or any related discipline.
• Typically 4-7 years of experience in Product Control, Valuation Control, Middle Office, Risk, or Fixed Income Finance within an Investment Bank.
• Strong knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO; and Bonds in general, OTC, Loans and Listed Derivatives.
• Experience with daily P&L production, P&L attribution, IPV, reserves/valuation adjustments, reconciliations and month-end close.
• Familiarity with GAAP/IFRS accounting concepts, fair-value measurement and internal controls over financial reporting.
• Attention to detail and a strong control mindset.
• Proactive issue identification and escalation.
• Intellectual curiosity and product expertise.
• Strong interpersonal skills and ability to communicate effectively across global teams.
• Well organised and able to clearly present results of work.
• Commitment to process improvement and automation.
• Keeps pace with technological innovations and market-driven initiatives.
• MBA (Finance) or CA / ICWA / CFA.
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Nice to have

• Ability to identify opportunities to work with and apply AI, machine learning and intelligent automation to Product Control workflows, including P&L production, reconciliation, variance analysis, valuation review and exception management.

Details

• Location: Mumbai, India (DIPL Mumbai).
• Reports to AVP / VP Business Finance Lead.