Profit and Loss (P&L) Product Control Analyst
Reference: 211021PL
Type: Contract
Location: London, England
Industry: Banking
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 client Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers. Lloyds Banking Group support a culture of Inclusion and opportunities to develop to become the Bank of the future and Helping Britain Prosper.
On behalf of Lloyds Banking Group, AMS are looking for a Profit and Loss (P&L) Product Control Analyst for a 4 month contract based in remotely.
Purpose of the Role:
The Product Control team is a control function responsible for the production of the daily/weekly P&L across the suite of Commercial Banking and Treasury products. This includes providing analysis of the P&L at the appropriate level of granularity and ensuring appropriate controls are in place around the completeness, accuracy and presentation of reserves.
As a Profit and Loss (P&L) Product Control Analyst you will be responsible for:
- Preparation of daily / weekly P&L production, reconciliations, risk attribution and explain market based commentary, sign offs, issue resolution and escalation and end of day Market Data.
- Supporting the month end close processes associated with correctly reporting and independently validating the bank’s balance sheet in a timely manner, including but not limited to reserves / adjustments.
- Preparation of analysis and in-depth commentary and in-depth P&L commentary tied to market / product / coverage context and balance sheet reconciliation and commentary etc.
- Supporting a robust control framework for all processes within remit.
- Undertaking ad hoc work and investigation arising from stakeholder requests.
What we require from the candidate:
- Experience in a financial industry
- Product control experience.
- Accountant / part qualified.
- Or Graduate from a numerical degree (Accountancy / Finance).
Lloyds Banking Group will only accept workers operating via an Umbrella or PAYE engagement model.
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.
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