PC Equities Analyst

Overview

Oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, compliance with regulatory requirements, and insights into trading performance.

What you'll do

• Reconcile daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book.
• Investigate and resolve discrepancies between P&L figures to ensure they reflect the true economic value of the trading portfolio.
• Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.
• Maintain and analyse the bank's trading data, ensuring its accuracy, completeness and consistency.
• Provide insights to traders and senior colleagues on trading performance.
• Prepare and submit regulatory reports to authorities.
• Provide support to external audits, including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.
• Communicate complex financial information effectively to traders, risk professionals, senior colleagues, and external stakeholders.
• Collaborate cross-functionally to ensure a coordinated approach to trading activities.
• Work with the Line PC team on completeness and accuracy of the books and records, including P&L and Balance Sheet substantiation and reporting.
• Monitor trading activity for compliance with related policies and provide management with technical and operational analysis of the business unit.
• Escalate breaches of policies or procedures appropriately.

What you'll need

• Experience with the MS Office toolkit.
• Qualified accountant.
• Excellent communication and presentation skills in both formal and informal settings, with the ability to interact with the region and UK/US as part of a global team (written and verbal).
• Strong control awareness, in particular the ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.

Nice to have

• Article ship or industrial trainee in mid to large sized firms.
• Audit exposure in large financial institutions or banks.

Details

• Based in the Chennai office.
• Will work closely with Front Office business, Financial Control, Technical Accounting Group, PC Change Management, Technology, and other infrastructure areas.
• May be assessed on risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, and job-specific technical skills.