Job Description

Reference # : 17-00762Title : P&L Analyst
Location : New York, NY
Position Type : Direct Placement
Experience Level : Start Date : 01/26/2017
Eclaro International is currently recruiting for a P&L Analyst for one of our financial services clients.

Job Description:

Main Responsibilities:
The main focus of the role will be to support P&L production on a day to day basis, from reconciliation and resolution of issues to reporting P&L by Business Unit (BU). This is a high profile role, which requires the individual to work closely with colleagues in trading, COO group, finance, operations and IT. The BU supported will be the Distressed Products Trading Desk based in NY.
Role in detail:
• Understand the business supported including the strategy, products and inherent risks
• Understand the risk, ledger and reporting systems and contribute to enhancing the control environment
• Daily reconciliation of the risk system generated P&L to the subledger and general ledger systems
• Substantiation and distribution of reportable Trade Date P&L with analytics and commentary
• Play a key role in the coordination and booking of reorganization events such as debt to equity swaps, debt to debt swaps (ie: uneven bond exchanges) PIK distributions and other corporate action events
• Reporting and resolution of manual adjustments and breaks
Required Skills:
• Must have 2 - 5 years experience with cash products (ie: bonds, loans, trade claims, equities) in either a middle office or back office support role
• Bachelor's Degree
• Strong academic background
• Must be highly motivated with the commitment required to consistently meet goals
• Strong analytical skills
• Attention to detail
• Strong Excel skills is a must
• Basic understanding & interest in financial products is essential
• Must have experience working with traders, middle office and accounting groups
Skills Desired:
• Specialization in Finance stream
• Excellent organizational, communication, and relationship management skills
• Previous experience working with Client ICI Impact and Bloomberg a plus

Application Instructions

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