CFO BUC, FX Options Product Control (f/m) – Zurich recruitment

CFO BUC, FX Options Product Control (f/m) - Zurich

86043BR

An opportunity has arisen within FX Options to be part of a team whose main function is to provide control, daily PL and other analyses to the Global FX Derivatives business. These desks have responsibilities for managing a full range of FX derivatives products and hedges. The role is a highly visible one which is of vital importance to Product Control in the current challenging and rapidly changing environment.

The successful candidate will have responsibilities spanning the following areas in support of the EM Structured Credit business:

Primary responsibility to oversee validation and substantiation of the principal risk taking assets and liabilities of the trading desk. This will include review of written commentary on PL movements.
Oversee production, analysis, explanation and reporting of the daily trading profit and loss. Also supervise and review the results of front-to-back reconciliations and system delivery to ensure trade completeness, accuracy and valuation in PL and reporting systems.
Understand calculation of required trading provisions and oversee their booking. This can involve discussion and analysis of valuation and accounting policies with other Finance colleagues.
Drive the agenda for the month end close supporting the accelerated close initiative to ensure that our reporting requirements are met on a timely basis.
Work closely with traders to understand their trading strategies and risks.
Contribute to strategic and continuous improvement projects as well as operational excellence initiatives to improve daily functions / processes continuously.
Own responsibility to maintain and improve the control environment within the team with focus on adherence to policies, SOX requirements as well as internal audit action points.

In addition, the future role holder will support the initiative to transform the operating model within product control to become a more proficient business decision support team, working closely with the business to understand balance sheet, capital, RWA and plethora of capital or liquidity charges.
You will take over the line management responsibilities for a team of controllers.

Excellent communication skills (both verbal and written) needed to work with others in Corporate Centre and in the IB
Able to work effectively in a team, drawing on resources within the team to deliver results efficiently, adhering to deadlines. Also able to manage and coach effectively
Strong product knowledge of derivatives; understanding of the FICC business, and in particular the FX options market, its products and their valuations
Demonstrable PQE (Product Controlling Experience) gained in an Investment Bank or other Financial Services environment
Understanding of front-to-back Product Control process

UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual. Together we will shape and strengthen the UBS brand.

Did you find what you are looking for? We look forward to hearing from you.

Corporate Center

Financial Controlling Accounting, Tax

UBS AG
Recruiting Schweiz
Frau C. Münstermann
+41-44-234 62 85