This position is no longer open for applications

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 investment banking client has been present in the UK for more than 150 years, they’re a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Their role is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.

On behalf of this organisation, AMS are looking for a Fixed Income Profit and Loss analyst for an initial 6 month contract based in London 50% remote 50% office working.

Purpose of the Role:

• Member of a team with the purpose of producing and validating the daily PNL and PNL Explains for Exotic Trading Desks within ex-Fixed Income

As a Fixed Income Profit and Loss analyst you will be responsible for:

• Running end of day Predict where relevant, and investigating discrepancies with the traders’ predict and understand the economic reasons justifying the P/L (market moves, new deals, strategies etc.).
• Produce the official P&L figures, investigate the discrepancies with the expectations done the previous day and understand the economic reasons justifying the P/L (market moves, new deals, strategies etc.).
• Review the P&L Explain in depth and correct wrong effect if no technical solution can be found to overturn the misallocation.
• Review the Risk based market P&L and analyse differences against the P&L Explain until the gap is understood and documented.
• Reconcile the system valuation against our calculation for specific products such as Futures and Bonds.
• Review the cash payments expected from exotic products.
• Assist other members of the team where required.

What we require from the candidate:

• Broad experience working in a control function
• Strong Profit and loss experience from within a similar institution
• Knowledge of fixed income or similar product
• Bachelor degree in finance, business, economics.
• Working experience with P&L 
• Fluent in English
• Excel and VBA Knowledge (above average)
• Robust and confident personality 

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.

This client will only accept workers operating via an Umbrella or PAYE engagement model.

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