AVP Exotic Interest Rate Product Control / Product Controller – Leading Investment Bank recruitment

Exotic Interest Rate Product Control / Product Controller – Leading Investment Bank

Leading Investment Bank is looking for a Product Controller with a strong technical background in Exotic Interest Rate products with a good understanding of the principles of option pricing. You will be part of a dynamic team of technical Exotics Product Controller s reporting to the Rates Options and Exotics Manager. The role offers an excellent opportunity to work in a dynamic environment looking after one of the City’s Top Exotic Rates Derivative businesses.

• Regular and ad-hoc analysis of aspects of the business both tactical and strategic Implementation of Reserving IPV policies

• Review of all pricing and valuation issues, including off-market rate analysis in respect of all positions held by the desk

• Project work covering controls enhancement, efficiency initiatives and strategic developments in order to provide business advantage

• Assist in project system development and testing as required, specifically efficiency and control related initiatives including detailed Balance Sheet Analysis

• Close liaison with the trading floor to ensure the timely and efficient resolution of trader queries.

• Liaison with Middle Office/Operations to resolve issues with regard to cash, control accounts and pricing inputs.

• Preparation and explanation of the daily Profit and Loss Reports for Exotic Rates business

Ideally be a qualified accountant (ACA, CIMA, ACCA or CA) with robust knowledge of  Rates / Derivatives business and products from previous investment banking roles ( Product Control  / Product Controller / Valuation Control ). Will be adept at utilising data and producing quantitative and qualitative reports to support strategic and business planning process

Must have outstanding academics, numeracy, IT literacy and communication skills. Most importantly the potential to rapidly add value in this extremely switched on environment. It is envisaged this person will have 2-5 years in Rates area after achieving top quartile academics 1st Class Degree and A/B’s at A level and FTP in accountancy qualification.

Concilium Finance is an equal opportunities employer and welcomes applications from all age groups. Concilium Finance is acting as an employment agency for this opportunity.