Banking Volatility Manager

  • Negotiable
  • London, England, United Kingdom
  • Contract, Full time
  • Huxley Banking & Financial Services
  • 11 Jan 18 2018-01-11

A leading bank in London are looking for a Banking Volatility Manager (BVM) to join the Treasury function. The BVM will ensure that banking transactions are accounted for in the optimal way under IFRS to minimise income statement and equity volatility. This role requires an in-depth knowledge of banking products and their impact on banking volatility.

Banking Volatility Manager

A leading bank in London are looking for a Banking Volatility Manager (BVM) to join the Treasury function. The BVM will ensure that banking transactions are accounted for in the optimal way under IFRS to minimise income statement and equity volatility. This role requires an in-depth knowledge of banking products and their impact on banking volatility.

This role is based in London City, on an initial 3 month contract and will pay £350-£400 daily.

ACCOUNTABILITIES

  • Compile daily IFRS profit and loss reporting.
  • Analysis of new trades to determine appropriate accounting treatment under IAS39.
  • Identification, designation and documentation of micro hedge accounting relationships.
  • Retrospective and prospective testing of hedge accounting relationships to ensure compliance with IAS39.
  • Investigation into hedge ineffectiveness on new and existing hedge accounting relationships.
  • Ensuring the appropriate accounting treatment of existing hedge accounting relationships.
Technical Skills/Experience
  • Qualified accountant or relative experience in a similar role (Interest rate and FX environment)
  • Good knowledge of banking products and the accounting for financial instruments
  • Good understanding of IAS 39, especially hedge accounting rules and application.
  • Intermediate/Advanced Excel

If this sounds like you, please do not hesitate to apply.

To find out more about Huxley, please visit www.huxley.com