Business Finance & Control Product Associate (Global Mortgages and Securitized Products)

$85,000 - $104,000 yearly
  • The Resume Review - Recruiting Department
  • New York, NY, USA
  • Sep 09, 2021
Full time Accounting Finance

Job Description

Job description


The proposed Business Finance and Controller ("BFC") role will support daily control functions for the Origination & Lending desk within the Global Mortgages and Securitized Products (GMSP) line of business.  Coverage will span across multiple products including asset backed lending, commercial real estate securitization and Wholesale Lending to non-bank originators. 
Main responsibilities of the Product Controller can include:
(1) Daily Balance Sheet analysis and commentary, P&L substantiation to market events, significant transaction review
(2) Monthly close functions, processing of journal entries, accounting adjustments, reconciliations, reserve and valuation adjustment calculations
(3) Partner with Trading Desk, Trade Support, Operations, ECM and other partners on business support including new product review, accounting assessment, issue resolution
(4) Quarterly management and regulatory reporting including fair value disclosures, revenue/balance sheet variance commentary
(5) Sarbanes-Oxley related control activities and coordination
(6) Volcker/Capital related validation activities such as Volcker balance sheet review, validation of Volcker and Capital attributes for books to ensure compliance with enterprise guidelines
(7) Working on initiatives to simplify/automate manual processes
Required Skills:
  • Bachelor Degree (Accounting/Finance preferred)
  • 1-2 years financial industry/banking experience (Product Control background preferred)
  • Advanced experience/skills with Excel and complex spreadsheets
  • Strong financial analytics experience
  • Candidate must be able to work both independently and as team member
  • Strong communication and problem solving abilities
Desired Skills:
  • Experience with Oracle/eLedger queries and general ledger postings