Controllers-Salt Lake City-Associate, Product Controllers-8338475

Goldman Sachs • Salt Lake, UT

1d • Onsite

About The Position

Analyze P&L around trading activity and risk positions to highlight significant items to senior management and prepare P&L commentary. Perform daily, weekly, monthly profit and loss (P&L) analyses for Fixed Income, Currency, and Commodities (FICC) businesses. Liaise with Trading Desk and Operations Teams to ensure transactions are booked appropriately and to facilitate the resolution of any issues (P&L discrepancies) that may arise in a timely manner. Perform daily balance sheet analyses for FICC businesses. Perform monthly independent price verification to ensure inventory is valued at fair market value. This involves comparing internal pricing marks with external data and addressing discrepancies with the business to align valuations with market conditions. Review process of new trades for appropriate valuation, accounting treatment and disclosure in the financial statements. Work with the financial reporting team in preparation of key external reports, such as earnings release and 10Q/10K disclosures.

Requirements

• Master’s degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, Business Administration, Statistics, or related field and one (1) year of experience in the job offered or in a related role OR Bachelor’s degree (U.S. or foreign equivalent) in Finance, Accounting, Economics, Business Administration, Statistics, or related field and three (3) years of experience in the job offered or in a related role.
• Financial reporting including experience working with P&L and balance sheet accounts amount reporting periods.
• Liaising and building relationships globally with stakeholders, including operations, finance, technology, and trading professionals, in a highly quantitative, high-pressured environment.
• Performing profit and loss (P&L) and inventory pricing verification.
• Driving process improvements, generating innovative ideas and translating strategy to execution for core activities including P&L reconciliation and Attribution review for which efficient framework is required.
• Performing ad hoc analyses on matters such as capital optimization, funding efficiency, Risk Weighted Assets and balance sheet cost efficiency as well as accurate valuation and pricing analyses for management or external reporting.
• Independently researching and troubleshooting problems such as front to back breaks, cash or unrealized Market Value exceptions, position level breaks and General Ledger to Subledger breaks and presenting findings to senior management.
• Excel, PowerPoint, and SharePoint as well as self-service reporting tools/applications.

Responsibilities

• Analyze P&L around trading activity and risk positions to highlight significant items to senior management and prepare P&L commentary.
• Perform daily, weekly, monthly profit and loss (P&L) analyses for Fixed Income, Currency, and Commodities (FICC) businesses.
• Liaise with Trading Desk and Operations Teams to ensure transactions are booked appropriately and to facilitate the resolution of any issues (P&L discrepancies) that may arise in a timely manner.
• Perform daily balance sheet analyses for FICC businesses.
• Perform monthly independent price verification to ensure inventory is valued at fair market value.
• Review process of new trades for appropriate valuation, accounting treatment and disclosure in the financial statements.
• Work with the financial reporting team in preparation of key external reports, such as earnings release and 10Q/10K disclosures.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level