BFC Product Associate - Municipal Finance Group

$80,000 - $110,000 yearly
  • The Resume Review - Recruiting Department
  • New York, NY, USA
  • Mar 29, 2021
Full time Marketing

Job Description

Job description

 

Primary responsibilities
  • Maintain a strong focus on controls
  • Provide Daily PnL Explain Reporting for various trading desks within the Municipal Banking and Markets Division covering highly structured products (various Muni Bonds, CDS, TRS and IR Derivs).
  • Reconciling Daily, Monthly and Year to Date PnL to the General Ledger.
  • Work Closely with Front Office, Trade Support, Technology, Market Risk, and Compliance.
  • Ensure that the Control Framework is in place for processes, identify control gaps and implement enhancements.
  • Embrace and proactively drive change. Need to be able to identify flaws in the current processes, originate new ideas of how we can better support our Businesses and implement them.
  • Liaise with many different groups across the organization and globe.
  • Ad hoc projects and other various Finance initiatives to streamline daily processing and increase controls.

Required Skills
  • Bachelors degree
  • Previous exposure to Product Control and Derivative products would be preferred.
  • Strong problem solving and project management skills.
  • Ability to work under pressure and strong organizational and multi-tasking skills.
  • Excellent communication and interpersonal skills.
  • Team Player: must demonstrate a “can-do” attitude necessary to create good relationships with traders, management, other business partners and the Bank’s customers.

Desired Skills
  • Strong understanding of fixed income products or structured products
  • Knowledge of Valuations goals and processes
  • Strong Excel skills. VBA and/or SQL skills a plus.
  • Must be able to fully understand the impact of current and future IT developments on existing P&L processes and play a role in their implementation.
  • Is able to see the big picture, to identify non-optimal processes, to propose solutions and to implement them within timelines and cost constraints.
  • Ensures effective planning and execution of client deliverables on a timely basis