Job Description

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About BNY Mellon:

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on . Follow us on Twitter @BNYMellon or visit our newsroom at for the latest company news.

Team Description:

The role is within the EMEA/APAC Markets & Treasury Controllers team whose remit is to ensure the activities of the APAC Markets & Treasury teams are accurately recorded in statements of the various entities they operate in. The team also supports new product initiatives and regional expansion, working closely with Front, Middle and Back Office.

Responsibilities also cover oversight of the daily P&L with responsibility for ensuring the traders P&L is signed off.

The team work closely with BNYM Legal Entity Controllers supporting them with performance reporting and the Audit and for managing and reporting non-trading FX risk and supporting Treasury and Fixed Income products. Cross regional collaboration is a critical element of our role.

Role Purpose:

The Markets Controller is a subject matter expert in Financial Markets with experience in reporting of FX and Fixed Income products. They will have experience in the managing the control environment for these products and overseeing teams responsible for balance sheet substantiation, trade reconciliations, price testing, daily P&L production and in partnering the business with new product implementations and regional expansion.

This role is accountable for ensuring effective, efficient Sarbanes-Oxley controls and reporting in compliance with IFRS and US GAAP and that the general ledger accounts pertaining to Markets are complete and accurate.

The role should actively engage across the relevant functions within Markets and Finance to ensure they understand the business strategy, product support and interaction with the underlying client. This will enable the individual to actively support business outcomes and use the information to ensure financial results & controls reflect this.

Acting as contact point for key stakeholders including the markets business, regulatory reporting, external auditors, SOX team, Tax, and the US Central Finance team

Responsibilities:

• Manage the financial control environment for Markets activities in the APAC Region.
• Support the business in Product and Regional Expansion
• Support the Financial Control and Regulatory Reporting teams in their understanding of Markets activities
• Oversee the APAC Daily Trader P&L sign off process, analysing issues and working with Traders and Reconciliation team to resolve issues
• Govern the month end close process, including monitoring of results, escalating, and resolving issues
• Review of the monthly variance packs ensuring that it provides a meaningful analysis of different aspects of the business performance
• Review and presentation of quarterly KPI's and board packs to Legal Entity Controllers
• Ensure the accounting process are robust, efficient, and well controlled
• Contribute to project and process improvement initiatives as required

Skills sought:

Job Specific Competencies

• Adaptable, flexible, and proactive
• Strong leader with proven record
• Good communication and able to influence outcome across the organisation
• Good decision maker, responsible and accountable
• Deadline driven with effective time management and ability to work under pressure
• Client orientated and results focused
• Able to manage risk in a highly regulated and controlled environment
• Ability to establish and develop effective relationships
• Highly motivated, fast learning and proactive with an ability for problem solving

Technical Skills, Knowledge, Systems Knowledge (and associated skill level)

• Qualified accountant with a number of years post qualification experience
• Significant experience in Financial Markets, ideally Markets and/or Corporate Treasury accounting experience
• Strong technical accounting knowledge, particularly IFRS and US GAAP.
• Exposure to Front and Back Office systems used for FX and Fixed Income businesses

Experience of a fast moving, highly controlled, multi-national/functional organisation.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.