Business Finance Senior Analyst, AYST

Location: Mumbai, Nirlon Knowledge Park
Department: Finance

We are seeking a Business Finance Senior Analyst to support end-to-end business finance control for Securitised Products trading business with primary focus on Mortgage-Backed Securities (MBS), Collateralised Mortgage Obligations (CMOs).

The successful candidate will be responsible for preparing, reviewing, and explaining daily P&L for Securitised Products, providing daily commentary and FVA variance investigation to Front Office traders and senior Finance managers, and analysing mortgage-specific drivers.

Key responsibilities include:

• Prepare, review and explain daily P&L for Securitised Products – MBS, CMO, CMBS including attribution to market moves, prepayment behaviour, carry, new issue activity and trading positions
• Providing daily commentary and FVA variance investigation to Front Office traders and senior Finance managers
• Break investigation and resolution: Model vs Actual (Ledger) Cash, FO vs MO system Substantiate Balance-Sheet accounts, reconcile inventory and trade populations, and ensure completeness in line with MRP policy
• Analyse mortgage-specific drivers including prepayment speeds, CPR, PSA, TBA Exposure and Spec Pool valuation that impacts P&L nos.
• Supports month-end close, including accounting to economic P&L reconciliation, journal review, certification support including understanding of accounting principles.
• Partners with Trading, Risk, Operations, Treasury, Technology and Finance stakeholders to resolve data, booking, valuation and settlement issues.
• Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change
• Responsible for ensuring that Standard Operating Procedures are adhered to and updated for effectiveness on a timely basis

The ideal candidate will have:

• Qualified Finance professional - CA or MBA in Finance or any related discipline.
• Typically, 4-7 years of experience in Product Control, Valuation control, Middle Office, Risk, or Fixed income Finance within Investment Bank
• Strong knowledge of Fixed Income and Securitised Products such as Agency MBS, CMO; and Bonds in general OTC, Loans and Listed Derivatives
• Experience with daily P&L production, P&L attribution, IPV, reserves/valuation adjustments, reconciliations and month-end close.
• Familiarity with GAAP/IFRS accounting concepts, fair-value measurement and internal controls over financial reporting
• Ability to identify opportunities to work with and apply AI, machine learning and intelligent automation to Product Control workflows, including P&L production, reconciliation, variance analysis, valuation review and exception management.

We offer a range of benefits, including:

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above