Job Description

Summary

The Capital Market Controller is essentially responsible for the validity of the Capital Markets products in the books and records of the bank and reconciling these balances to various systems and reports. The Controller will report to the Head of Capital Markets Control and will assist in the reconciliation of these products.

Key Responsibilities

• Reconcile all Capital Markets products (B/S positions and P/L) including Treasury daily between GL and Front Office Systems and Market Risk team. This includes all Money Market transactions, Interest Rate Derivatives, Foreign Exchange products, and Debt and Credit Markets PL, Investment Banking and Brokerage to name a few.
• Investigate breaks and work closely with the Front Office, IT, Back Office and MAM to resolve breaks.
• Hold monthly discussions with Heads of all Business lines; stay current on new products and create new automated PL reconciliations and work closely with Project teams on system migrations.
• Provide written commentary for monthly highlights and PL activity for the period.
• Present Financial Results and reconciliations to senior management, along with explanation of PL breaks.
• Creator and administrator of several databases which reconcile Front Office PL to the General Ledger by trade.
• Authorize all adjustments and postings into GL.
• Reconcile Cash Management between GL and K+.
• Review and Record Receivables and Payables to foreign office based upon monthly Hard Dollar Statements. In addition, handle quarterly cash settlements.
• Handling of auditor’s and regulators requests

Key Internal contacts

• Operations
• Front Office
• MAM

Key External contacts

• External auditors / regulators
• Head Office

Qualifications/Education Required

• Bachelors in Accounting

Qualifications/Education Desired

• Masters degree

Experience Required

• Minimum of 10 years

Competencies Required

• Strong knowledge of Microsoft Excel and Microsoft Access

Skills & Knowledge Requirements

• Knowledge of Capital Markets products

Skills & Knowledge Desirables

• CPA

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