Effective Product Control : (Record no. 131006)
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| 000 -LEADER | |
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| fixed length control field | 08533nam a22004573i 4500 |
| 001 - CONTROL NUMBER | |
| control field | EBC5061186 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | MiAaPQ |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20240729131508.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
| fixed length control field | m o d | |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr cnu|||||||| |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240724s2017 xx o ||||0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781118939796 |
| Qualifying information | (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| Canceled/invalid ISBN | 9781118939819 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (MiAaPQ)EBC5061186 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (Au-PeEL)EBL5061186 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (CaPaEBR)ebr11447201 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC)1005614897 |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | MiAaPQ |
| Language of cataloging | eng |
| Description conventions | rda |
| -- | pn |
| Transcribing agency | MiAaPQ |
| Modifying agency | MiAaPQ |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Nash, Peter. |
| 245 10 - TITLE STATEMENT | |
| Title | Effective Product Control : |
| Remainder of title | Controlling for Trading Desks. |
| 250 ## - EDITION STATEMENT | |
| Edition statement | 1st ed. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Place of production, publication, distribution, manufacture | Newark : |
| Name of producer, publisher, distributor, manufacturer | John Wiley & Sons, Incorporated, |
| Date of production, publication, distribution, manufacture, or copyright notice | 2017. |
| 264 #4 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Date of production, publication, distribution, manufacture, or copyright notice | ©2017. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource (376 pages) |
| 336 ## - CONTENT TYPE | |
| Content type term | text |
| Content type code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media type term | computer |
| Media type code | c |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier type term | online resource |
| Carrier type code | cr |
| Source | rdacarrier |
| 490 1# - SERIES STATEMENT | |
| Series statement | The Wiley Finance Series |
| 505 0# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Intro -- Effective Product Control -- Contents -- Preface -- Acknowledgements -- About the Author -- PART ONE Working in Product Control -- 1 An Introduction to Product Control -- The Emergence of Product Control -- The Purpose of Product Control -- Different Types of Product Control -- P& -- L Only -- P& -- L: Balance Sheet and Financial Reporting Focus -- Skills, Qualifications and Experience -- Organizational Structure -- The Desk -- The Trading Floor -- Pressures of Supporting the Desk -- 2 Changing Landscape of Product Control -- Offshoring -- My View -- Risky Choices -- Benefits -- XVA -- Greater Levels of Capital -- Greater Focus on Liquidity -- Notes -- 3 Key Stakeholders -- Front Office: Sales and Trading Desk -- Chief Operating Officers (COOs) -- System Infrastructure -- Onboarding New Products -- Daily Operational Effectiveness -- Forecasted Revenues, Costs, and Balance Sheet -- Operational Risk Incident (ORI) -- Implement Firm-Wide Changes -- Operations -- Middle Office -- Market Risk -- Financial Reporting -- Management Reporting -- Finance Change -- IT -- Operational Risk -- Regulatory Reporting -- Accounting Policy -- Tax -- Audit -- Internal Audit -- External Audit -- Finance Shared Service -- Summary -- Notes -- PART TWO Technical Skills -- 4 Accounting Standards: Recognition and Measurement -- IAS 39 Financial Instruments: Recognition and Measurement -- Recognizing a Financial Asset or Liability -- Derecognizing a Financial Asset -- Derecognizing a Financial Liability -- IFRS 9: Financial Instruments -- Recognition and De-recognition -- Classification and Measurement -- IFRS 13: Fair Value Measurement -- Defining Fair Value -- Arriving at Fair Value -- U.S. GAAP and Fair Value Measurement -- Notes -- 5 Market Risk -- What Is Market Risk and How Is It Generated? -- How Is Market Risk Measured by a Bank? -- The Greeks -- VaR. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Stress Testing -- Note -- 6 Pricing Financial Instruments -- How to Approach the Pricing of a Financial Instrument -- Special Features -- Pricing examples -- Spot FX -- FX Forward -- Bonds -- Interest Rate Swap -- FX Option -- Pricing Add-ons -- Notes -- 7 Internal Control -- What is Internal Control? -- Establishing an Internal Control Framework -- The Board and Senior Management -- Regulatory Requirements -- Market Practice -- Type of Business -- Example of Front to Back Internal Controls -- Notes -- PART THREE Profit and Loss Controls -- 8 System Feeds, End of Day Rates and Profit and Loss Estimates -- System Feeds -- End of Day -- End of Day Rates -- Externally Sourced Rates -- Trader Sourced Rates -- P& -- L Estimate -- Note -- 9 Review of New and Amended Trades -- New Trades -- Why New Trades Are Generated -- Reviewing New Trades -- Presentation of New Trade P& -- L -- Amended Trades -- Why Are Trades Amended? -- Avoidable vs. Unavoidable Amendments -- Presentation of P& -- L from Amended Trades -- Notes -- 10 Review of Mark-to-Market P& -- L -- Defining Mark-to-Market P& -- L -- Attributing MTM P& -- L -- Waterfall Method -- Restored Method -- Other Sub-attributes -- FX Revaluation -- Fixings -- Risk-Based P& -- L estimates -- Fixings -- Changes in the End of Day Prices -- Do the End of Day Prices Agree to the Market? -- What Has Driven the Change in Prices? -- When to Validate the MTM P& -- L -- 11 Funding, Fees and Charges -- Funding -- Drivers of Funding -- How a Desk Funds Itself -- Analysis of Funding P& -- L -- Rogue Trading Control -- Fees and Charges -- Above the Line Expenses -- Note -- 12 Profit and Loss Adjustments -- The Need for P& -- L Adjustments -- Controlling P& -- L Adjustments -- Independent Verification -- Recording -- Reporting -- Escalation -- Notes -- 13 Profit and Loss Commentary. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Day One P& -- L -- Who Is the Reader? -- When Is P& -- L Commentary Required? -- Escalating P& -- L and the Related Commentary -- Other P& -- L Commentary -- 14 Profit and Loss Reconciliations and Sign-Offs -- Flash vs. Actual -- Apples to Apples -- Desk P& -- L Sign-off -- P& -- L Reconciliation -- PART FOUR Valuations -- 15 Independent Price Verification -- Components to IPV Process -- 1. Identifying the Fair Valued Financial Assets and Liabilities -- 2. Price Discovery - Sourcing Fair Values from the Market -- Calculating Price Variances -- Reporting on the Outcomes of the IPV Process -- Note -- 16 Valuation Adjustments -- Why Valuation Adjustments Are Required -- Bid-Offer -- Quantifying the Bid-Offer Valuation Adjustment -- Day 1 Reserves -- Model Valuation Adjustment -- XVA and Collateral Agreements -- CSA -- Credit Value Adjustment (CVA) and Debit Value Adjustment (DVA) -- Funding Value Adjustment (FVA) -- Recording and Reporting of VAs -- Notes -- PART FIVE Balance Sheet Controls -- 17 Balance Sheet Substantiation and Analysis -- Substantiating the Balance Sheet -- 1. Identify an Appropriate Source that Supports the Accounts Balance -- 2. Confirm that the Account Used to Record the Amount is Appropriate -- 3. The Balance and Its Movement are in Line with the Activities of the Business -- Frequency of the Balance Sheet Substantiation -- Evidencing the Balance Sheet Substantiation -- Unsupported Balances -- Lines of Responsibility -- 18 Dividending of Profit and Loss and FX Selldown -- Additional Items to Consider -- 19 Controlling Nostros -- Introduction to Nostros -- Controlling Nostros - Cash Breaks -- Risk-Weighting Cash and AVE breaks -- Provisioning for Nostro and AVE Breaks -- Notes -- PART SIX Financial Accounting and Reporting -- 20 Financial Accounting Entries -- Financial Accounting Entries -- Stock -- Loan -- Bond. |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Interest Rate Swap -- FX Forward -- Futures -- Chart of Accounts -- Accounting Rules Engine -- Notes -- 21 Financial Reporting and Note Disclosures -- Context of Financial Reporting -- Legal Entity View -- Intercompany and Intracompany Transactions -- Timings -- Labelling -- Profit and Loss -- Balance Sheet -- Derivative Assets and Liabilities -- Counterparty Type -- Netting -- IFRS -- U.S. GAAP -- Disclosures Relating to Netting -- Fair Value Hierarchy -- Level 1 -- Level 2 -- Level 3 -- U.S. GAAP -- Notes -- PART SEVEN Supplementary Controls -- 22 New Product Proposals -- Starting Line -- The Review -- The Sign-Off -- 23 Rogue Trading -- The Forefathers of Rogue Trading -- The Fallout from Rogue Trading - The Bank -- Regulators -- Job Losses -- Reputational Losses -- Credit Ratings -- The Fallout from Rogue Trading - The Industry -- Going Rogue -- Why Does a Trader Go Rogue? -- How Does a Trader Go Rogue? -- How Does a Rogue Trader Conceal Their Crime? -- UBS Rogue Trading Incident, 2011 -- Background -- The Trading Activities Which Caused the Losses -- Concealing the Crime and Weak Controls -- How Was the Fraud Detected? -- Other Significant Operational Losses -- Notes -- Index -- EULA. |
| 588 ## - SOURCE OF DESCRIPTION NOTE | |
| Source of description note | Description based on publisher supplied metadata and other sources. |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Financial institutions--Risk management. |
| 655 #4 - INDEX TERM--GENRE/FORM | |
| Genre/form data or focus term | Electronic books. |
| 776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
| Relationship information | Print version: |
| Main entry heading | Nash, Peter |
| Title | Effective Product Control |
| Place, publisher, and date of publication | Newark : John Wiley & Sons, Incorporated,c2017 |
| International Standard Book Number | 9781118939819 |
| 797 2# - LOCAL ADDED ENTRY--CORPORATE NAME (RLIN) | |
| Corporate name or jurisdiction name as entry element | ProQuest (Firm) |
| 830 #4 - SERIES ADDED ENTRY--UNIFORM TITLE | |
| Uniform title | The Wiley Finance Series |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=5061186">https://ebookcentral.proquest.com/lib/orpp/detail.action?docID=5061186</a> |
| Public note | Click to View |
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