Job Description

We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we act as an extension of our clients\' recruitment team and provide professional interim and temporary resources.

Our investment banking client has been present in the UK for more than 150 years, they\'re a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Their role is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.

On behalf of this organisation, AMS are looking for a P&L Management Controller (AVP) for an initial 12-month contract based in London (hybrid).

Purpose of the role:

• Permanent control of the tasks performed by Global Markets P&L Controls teams
• Production of key indicators to follow P&L completion and assess data quality
• Maintenance and implementation of necessary controls and dashboards
• Proposing new or reinforcing existing guidelines and best practices

As a P&L Management Controller (AVP), you will:

• Promote excellence, implement and run a wide range of controls on daily and end-of-month tasks performed by P&L Controls teams
• Develop and maintain tools and dashboards allowing to identify issues and errors which were not spotted by P&L Controls teams when performing their daily reconciliation and validation
• Provide thorough analyses whenever required, relying on expertise and allowing the identification of opportunities to improve processes and quality of service to stakeholders
• Review and update Best Practices, Standard Operating Procedures and Policies which aim to define the list of controls and provide guidelines for P&L teams and Controllers in order to report a correct P&L
• Participate in identifying, raising, and prioritising issues affecting Official P&L, Step Reval and Risk-Based P&L chains with the aim to improve data quality, reduce operational workload and number of manual adjustments
• Produce key indicators for P&L Management to follow Official P&L and Explains, P&L Production and ongoing issues
• Maintain regular exchanges with P&L Controls teams and supervisors, IT, Quantitative Research, and Finance in order to work collaboratively and improve existing processes
• Organise and deliver training with different locations and teams, whenever necessary
• Act as the P&L SPOC for the reconciliation and production of risk metrics
• Establish strong relationships with Front Office and other stakeholders in order to understand needs and provide an appropriate level of support

What we\'re looking for:

• Knowledge of specific operational processes allowing a good understanding of Front-to-Finance procedures, best practices and needs
• Broad experience working in a control function within an investment bank
• Experience in project management / exposure to project processes
• Knowledge of instruments traded as well as exposure to other asset classes
• Good theoretical knowledge of derivative pricing
• Working experience with P&L explains (Step Revaluation as well as Risk Based Explains) and good knowledge / understanding of risk factors
• Ability to translate detailed knowledge and experience of specific processes into recommendations to improve team operating practices
• Strong focus on accuracy and attention to detail and able to review and improve work of more junior colleagues
• Excellent written and oral English skills in order to articulate technical issues and to be able to take the complex and make simple to enable effective communication with the business
• Good stakeholder management skills and ability to collaborate across teams
• Strong analytical skills and ability to meet deadlines under pressure
• Computer literacy and a good knowledge of standard computer software and able to learn and utilise specialist applications appropriately

Next steps

If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.

This client will only accept workers operating via an Umbrella or PAYE engagement model.

AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.

AMS