The Corporate Accounting Policy team (CAP) is an independent accounting advisory function within Corporate Finance – Corporate Controllers, under the Bank Controller, Accounting Policy and Reporting (BCAPR) organization that consists of the Bank Controller, Corporate Accounting Policy, Regulatory Reporting Policy, Inter-entity Analysis, Quality Review & Control, and SEC Reporting teams. Corporate Accounting Policy (CAP) is an independent function within Corporate Controllers. The remit of CAP is to partner with the Lines of Business and Corporate Functions by providing accounting expertise (US GAAP and IFRS) in structuring transactions and new products and in addressing issues arising from the implementation of new accounting standards and policies.
As a Policy Consultant Vice President on the Corporate Accounting Policy team, you will help support the Markets Businesses, in particular the Equities Business (i.e., Cash, Equity Derivatives Group, Prime and Clearing) as well as supporting the UK Legal Entity Controllers. If you are analytical and interested in being part of a collaborative team, you found the right place. This dynamic team partners and engages with Firmwide stakeholders, and provides opportunities to build and maintain strong relationships.
Job responsibilities:
Provide technical accounting support for business, or corporate aligned activities as well as large or unusual transactions, partnering with internal business and finance teamsMonitor developments in accounting standards and represent the Firm at relevant industry forumsAssist in the implementation of new accounting standardsReview relevant sections of SEC filings and selected IFRS financial statements, including MD&A and footnotesPrepare and conduct internal education sessionsProvide technical support to senior management and businesses on accounting and control related mattersDevelop and implement accounting policies, and accounting standards, and monitor policy exceptionsRepresent the Firm in external forums, including meetings with standard-setters, regulators, external auditors and industry groupsRequired qualifications, capabilities, and skills:
Accounting qualification, and previous experience in a technical accounting department at a financial institution Detailed working knowledge of US GAAP or IFRS, particularly in relation to financial instruments, consolidation and transfers of financial assetsResults oriented and takes ownership for the quality, timeliness, and success of the work productDelivers timely and high quality work consistently over timeTeam player consistently present and available for clients and team membersAbility to understand and analyze complex transactionsExcellent written and oral communication skills, and the ability to clearly and concisely articulate technical accounting issues and conclusions to a range of stakeholdersPreferred qualifications, capabilities, and skills:
Big Four experience