Equity Derivatives P&L Controller

EQUITY DERIVATIVES P&
L CONTROLLER (JOB NUMBER:
OPS-100222-003-AB)
At BNP Paribas Canada, it is our employees which make the difference... Our 75 nationalities are part of our diversity!
Do you like challenges, a structured framework, the prospect of optimizing and innovating? You are known for your originality and want a certain freedom to think while sharing your knowledge and ideas?
**... Come help us contribute to the growth of our Canadian platform!**
**You will benefit amongst other things from**:
- Access to social volunteer and recreational programs, via our many Employee Resource Groups (ERGs)
- Opportunities for career development through active internal mobility and our innovative training program:
Canada Academy
- A brand new workspace, flexible, comfortable and easily adaptable to your needs:
remote work opportunities, standing desks, innovation lab., open meeting rooms and spaces
**Business Overview**:
**P&
L Controller (AVP) Responsibilities**:
Departmental Objectives
- The preparation and supervisions of daily and monthly management revenues for the Equity activity and their reconciliation with the estimates of the traders and with the financial accounts
- The participation in business development initiatives across BNP Paribas support functions and locations
- Analysis and reporting of daily P&
L with detailed Greek breakdown for multiple products including futures, options, equities, variance &
correlation swaps, interest rate derivatives and Structured Products
- Reconciliation of PnL to Front office estimates with detailed Greeks and New deal breakdown
- Resolution of PV breaks between client/ counterparty settlement amounts and P&
L control estimates
- Substantiation and resolution of Back office ledger vs. P&
L systems cash breaks ona daily basis
- 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 and other parts of the middle office to resolve operational and booking issues
- Working with front office and market risk to finalize month end PnL validating Map and Reserves at the trading book level
- Collaboration with Risk to evaluate and explain cash and PV movements above established thresholds to facilitate risk reporting
- Ensuring the MTD management P&
Ls are consistent with the final end of month general ledger P&
L
- Monitoring the FX exposure of the group to analyze and report deviations from the mean
- Lead new systems deployment which is not limited to being part of TAC/NAC, gathering requirements, testing UAT database, ensuring results match expectations and reporting impacts
- Discussing and reviewing trading P&
Ls with management
-Assist with the training and development of junior (analyst) members of the team
- Continuously improving controls
- Continuously improving efficiencies
Trader Support &
Customer Service
- Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries
- Interact with Operations functions and other infrastructure groups to support a ‘one team approach’
- Resolve all issues / conflicts and strive to meet or surpass the service level agreement
- Manage deadlines and objectives
Communication
- Ensure timely and efficient dissemination of data and the resolution of inquiries
- Identify and escalate time / risk sensitive issues to the team supervisor
- 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
- Achieve a sensible work/life balance.
Applicable to All
- Ensure the business area conducts its activity in accordance with all relevant external regulators and internal policies.
**Minimum Required Qualifications**:
- Bachelor’s degree or equivalent required
- 5+ years of previous experience in P&
L Control, Finance, Trade Support, Valuations, Risk, or Front Office environment including 2+ years of P&
L Control and 2+ years covering Equity derivatives &
hedges (e.G. Futures, Options, Structured Products, Equity Swaps, Variance Swaps, and Dispersion Swaps)
- Strong working knowledge of P&
L attributes/Greeks
- Superior attention to detail and accuracy
- Strong interpersonal and communication skills a must
- Ability to work in a fast paced environment
- Ability to work as part of a team in a “split team” organization
- Strong Excel &
PC skills with proven ability to work with multiple systems
- Spirit of continuous improvement
- Display good relationship qualities, team spirit, and ability to work across teams
- Possess Control mindset
**Preferred Qualifications**:
- Working knowledge of Programming languages such as VBA &
Python (strong preference)
- Graduate degree in Finance, Math or Eng