We are looking for an experienced consultant for a process and project initiative in the area of Asset P&L (Profit and Loss) at a leading international financial services provider.
Typical areas of responsibility in this role:**
Analyze and document existing end-to-end P&L processes for various asset classes (e.g. equities, fixed income, derivatives).
Identify weaknesses, risks and inefficiencies in data collection, processing and reporting.
Design and conceptualize optimized target processes for P&L calculation and attribution.
Create functional specifications and business requirements for adapting or introducing IT systems (e.g. P&L engines, data warehouses).
Manage the implementation of new processes and tools, including milestone planning, stakeholder management and test coordination.
Develop control mechanisms to ensure data quality and consistency.
Prepare training materials and conduct workshops for business areas (trading, controlling, risk).
Relevant technologies, tools or methods:**
Advanced Analytics: MS Excel (Pivot, Power Query, VBA), SQL.
Business Intelligence: Tableau, Power BI, Qlik.
Project Management: Jira, Confluence, MS Project.
ERP/Finance Systems: SAP FI/CO, Oracle Financials, or industry-specific asset management platforms.
Methods: Business Process Model and Notation (BPMN 2.0), agile project management (Scrum/Kanban).
Typical KPIs or success metrics:**
Reduction in P&L creation time (cycle time): target >25% efficiency improvement.
Decrease in manual correction entries: target >50% reduction through process automation.
Data quality index: increase "first-time-right" rate in data intake to >99%.
Efficiency ratio (cost-to-income): demonstrate a positive contribution to lowering the ratio.
User adoption rate: acceptance of new processes/tools in the business area >80% after 3 months.
Key challenges, risks or specifics:**
Heterogeneous system landscapes and inconsistent data sources (data silos).
High complexity of financial products and valuation models.
Resistance to process changes in business areas (change management).
Ensuring compliance with regulatory requirements (e.g. IFRS 9, BCBS 239).
Time- and budget-critical implementation during ongoing operations.
Concrete deliverables:**
Milestone 1: Completed as-is analysis and process documentation.
Deliverable 1: Detailed analysis report including risk assessment.
Milestone 2: Finalized target concept and business requirements document.
Deliverable 2: Implementation roadmap and project plan.
Milestone 3: Successful user acceptance test (UAT) of the new process/tool.
Deliverable 3: Acceptance protocols, training materials and project closure report.
Must-haves:**
University degree in economics, finance, business informatics or equivalent.
Several years of project experience as a consultant or in-house consultant in the financial sector, especially in asset management, investment banking or treasury.
Deep understanding of P&L processes, financial instruments and relevant accounting standards (IFRS).
Proven experience in process analysis, optimization and project management.
Nice-to-haves:**
Chartered Financial Analyst (CFA) certification or equivalent.
Experience with agile project methods.
Knowledge of SQL and common BI tools.
Personal qualities and mindset:**
Strong analytical and conceptual skills.
Excellent communication and presentation abilities to convey complex topics to different audiences.
High problem-solving competence and a hands-on mentality.
Persuasiveness and sensitivity when dealing with various stakeholders (traders, management, IT).