Salt Lake City, UT23 days ago
Prior experience must include five (5) years in the following: working with debt derivative products including developing or enhancing tools and flows to assist in reconciliation, valuation, profit and loss analysis and financial & regulatory reporting; corporate and securitized derivatives profit and loss reconciliations & reports; identifying unique and new trading activities, understanding their inputs risks/model used for pricing and ensuring proper reserves and disclosure requirements; FICC derivative risk inventory management, including identification of abnormal risks by strategy, option greeks, balance sheet usage & fluctuations and composing profit and loss commentary used for VaR (Value at risk) breaches and regulatory requests; working directly with trading on profit and loss analyses, new activity review, pricing, and valuations; working on financial disclosure requirements, including experience with FAS 157, FAS 159, and FAS 161; communicating technical concepts related to derivatives flows, reconciliation gaps and processes, profit and loss reporting, price verification impacts, and disclosure impacts across various teams, including Trading Desk, Operations, Technology and internal/external Auditors; and meeting tight deadlines, including multiple daily profit and loss reports, weekly reserve rebalance, monthly price verification, quarterly disclosures and other frequent time-sensitive ad-hoc requests from various internal/external parties. Responsible for the review process of new trades for appropriate valuation, accounting treatment and disclosure for financial and regulatory reporting, managing the trading desk balance sheet reporting and validation process, and representing the team in new product-activity proposals, ensuring compliance with applicable policies and regulations.