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    P&L Controller - Montreal, Canada - Axelon Services Corporation

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    Description

    Job Title:
    ALMT P&L Controller

    Location:
    Montre al QC (Hybrid)

    Shift: 8AM-5PM

    Duration:18months

    Job Description:


    Departmental Objectives
    " The preparation of daily and monthly management revenues for ALM Treasury, and their reconciliation with the estimates of the traders and with the financial accounts
    " Ensuring the Economic P&L is correct at the most granular level (Deal level or P&L Explain effect level when relevant).
    " Informing FO trading of any issue or adjustment having an impact on FO risks or on Cash management.
    " Responsible for maintaining an Audit Trail of all reconciliations, adjustments, FO sign-offs and MO P&L validations
    " Analysis and reporting of daily P&L with detailed breakdown for multiple products including repo, loan and deposits, treasuries, listed derivatives, FX and IR swaps.
    " Reconciliation of PnL to Front office estimates (when available) with detailed breakdown of P&L drivers
    " Contribution to resolution of Back office ledger vs. P&L systems breaks
    " Ensuring the pricing configuration complies with trading strategy and internal controls, collaboration with V&RC and Risk required to enforce consistency
    " Analysis, understanding and commentary on PnL using analytical tools
    " Working with front office and trade support part of the middle office to resolve operational and booking issues
    " Participation in business development initiatives across client support functions and locations
    " Ensuring the MTD management P&Ls are consistent with the final end of month general ledger P&L
    " Discussing and reviewing trading P&Ls with management
    " Work closely with Finance to address Economic/Finance P&L breaks
    " Ensure timely and efficient dissemination of data and the resolution of inquiries
    " Identify and escalate time / risk sensitive issues
    " Cohesively explain and maintain own position, logically, in light of differing views
    Culture
    " Focus on the needs of the business
    " Act with integrity, accepting responsibility for actions
    " Recognize opportunities for creativity and development of processes


    Minimum Required Qualifications:
    " Bachelor s degree or equivalent required
    " At least 2 years of experience in in P/L, Valuation, Trade support, Risk or Finance including at least 1 years in a P&L function.
    " Working Knowledge of the following financial products: Loans & Deposits, FX Products, Interest Rate Swaps client Bonds, Repos, and Listed Derivatives.
    " Strong Excel & PC skills with proven ability to work with multiple systems
    " Strong problem solving skills
    " Spirit of continuous improvement
    " Strong interpersonal and communication skills a must
    " Display good relationship qualities, team spirit, and ability to work across teams
    " Ability to work in a fast paced environment and to consistently meet deadlines
    " Attention to detail and accuracy is imperative


    Preferred Qualifications:
    " Graduate degree in Finance, Accounting, Math , Engineering or other quantitative disciplines
    " Experience in pricing, valuation or hedging of derivatives
    " Project management experience deploying new models or system migration.
    " Working Knowledge of programming languages - such as VBA & Python
    " Experience with Fair Value Hedging methodologies (Interest Rate hedging*** currency hedging, etc.)
    " Working Knowledge of best practices related to funding methodologies, cost of carry analysis, or other cash management related functions.
    " Working knowledge of liquidity P&L computation including balance sheet value at risk and liquidity transformation for cash products.


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