Kannon Risk and Profit & Loss (RPL) Specialist

Deutsche Bank

  • Moorfields, Co Antrim London
  • Permanent
  • Full-time
  • 1 month ago
Job Description:Job Title Kannon Risk and Profit & Loss (RPL) SpecialistLocation LondonCorporate Title AssociateThe Kannon Middle Office (KMO) team works in partnership with Trading, Global Strategic Analytics (GSA), Finance and Operations to facilitate the delivery of accurate and complete trader Risk and Profit & Loss (RPL) on the Bank’s strategic valuation platform for the Fixed Income & Currencies (FIC) business.The team supports multiple Front Office desks, overseeing intraday trade monitoring and end-of-day orchestration.Members are responsible for investigating the root causes of issues and inefficiencies and for delivering immediate solutions where possible. Coverage spans Rates, Credit and Emerging Markets businesses, with product types including, but not limited to, Derivatives, Over-the-Counter (OTC), Exchange-Traded, and Cash instruments.You will work directly with trading and operations sitting on the trading floor to ensure trade bookings are complete and correct intraday, proactively monitor for discrepancies, orchestrate the end-of-day close, and assist in the substantiation of position risk tie-out.What we’ll offer youA healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.You can expect:
  • Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
  • Competitive salary and non-contributory pension
  • 30 days’ holiday plus bank holidays, with the option to purchase additional days
  • Life Assurance and Private Healthcare for you and your family
  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
  • The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year
Your key responsibilities
  • Monitor intraday trade bookings to ensure completeness and accuracy in Front Office systems
  • Support the end-of-day close process, investigating booking issues as needed
  • Liaise directly with Trading, GSA, and Infrastructure teams to escalate and remediate breaks
  • Investigate root causes of operational issues and inefficiencies, proposing immediate solutions where possible
  • Contribute to improving trade processing workflows, with a focus on control and automation
  • Maintain a strong understanding of key product types: Interest Rate (IR) Swaps, Index and Single Name credit default swaps (CDS), Bonds, Futures. Assist with the substantiation of P&L variance
Your skills and experience
  • Logical thinker with strong problem-solving and analytical skills. Educated to degree level or equivalent qualification/work experience in Finance, Mathematics, Economics, or related field. A relevant professional qualification (Chartered Financial Analyst/Associate Chartered Accountant (CFA/ACA) or master’s degree is preferred
  • Experience in a Middle Office, Product Control, or Risk and P&L role within an investment bank or financial institution
  • Good product knowledge across Fixed Income and Credit derivatives
  • Ability to build & maintain strong relationships with stakeholders. Strong communication skills, ability to engage with Trading and Infrastructure stakeholders
  • Ability to work under pressure and to tight deadlines in a fast-paced trading environment. Proactive, team-oriented attitude with strong attention to detail
  • Python for automation is an advantage
How we’ll support you
  • Training and development to help you excel in your career
  • A range of flexible benefits that you can tailor to suit your needs
  • We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)
About usis the leading German bank with strong European roots and a global network. Click to see what we do.Deutsche Bank in the UK is proud to have been named for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their for our work supporting LGBTQ+ inclusion.We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.

Deutsche Bank