Commodities Product Control – Metals – AVP – London recruitment
The individual will act as a central point of contact for a range of issues within the bank, including: new product approval, independent derivative valuations and model validations.
Key responsibilities will include:
• Production and reporting of daily risk attributed PL, along with reconciliation and investigation of formal flash variance, etc.
• Discussion of the daily PL with trading desks in order to get sign off.
• Calculation of bid offer reserves, price testing and cost allocations on a monthly basis.
• Reporting findings and analysis to senior management and key stakeholders.
• Supporting ad hoc requests and projects from the Front Office trading desk.
The successful candidate will:
• Hold a good degree from a Top Tier University in Business, Maths or a Science subject.
• Hold an accountancy qualification, ACCA, ACA, CIMA, or equivalent.
• Have experience within Product Control at another top tier Investment Bank.
• Preferably have experience within commodities.
• Have sound knowledge of trade flows, front to back.
• Have a good knowledge of price testing/reserving.
• Have prior experience with daily PL explanation and attribution.