Associate, Exotic Commodities Product Control recruitment
The Commodities Exotics Product Control group supports the Commodities Hybrids Trading, Index Products and Exotics businesses based in London, New York and Singapore with the primary goal of working with Front Office to facilitate business growth while incorporating rigorous controls.
Specific Tasks:
1. PL Reporting – includes reporting of Flash PL Actual PL, Variance analysis and clean PL for backtesting.
2. PL explanation – validate the system generated PL with position-based and risk attribution and commentaries. Responsible for the investigation and resolution of any unexplained PL
3. Dealing with ad hoc queries with the trading desk relating to PL explains, variances, trade booking and valuation issues
4. Provisions calculation and analysis; commentaries and management reporting.
5. Data Integrity and balance sheet verification.
6. Process Improvements. Commodities Exotics Product Control is constantly seeking to innovate and rationalise existing processes. All team members are expected to contribute to this process.
Person Requirements
• Accountant (part-qualified or qualified), CFA or MSc
• Strong mathematical and analytical ability
• The individual needs to be confident and able to work with the traders closely
• Knowledge and understanding of financial markets – with some understanding of the basic valuation drivers and techniques of simple products
• Excellent Excel skills, use of Excel macros and Access to build reporting and analysis tools is advanageous