Cross Asset Product Controller

Full Job Description

The Product Controller position exists within our Business Controlling (BC) team, which is part the Finance Department. Currently running at 6 team members, the BC group is responsible for the generation of the Banks daily PL reporting as well as reconciliation of such against the general ledger.

A successful candidate should expect to gain in depth Product understanding across a wide range of asset classes as well as the opportunity to participate in IPV, NPA (New Products Approval) and Ledger reconciliations.

The main focus of the successful candidate will be on producing accurate and timely PL reports for a variety of asset classes (Derivatives on IR, FX, FI, Equity and Commodities) that meet daily and monthly as well as quarterly reporting deadlines

Quantative and qualitative tasks (Such as IPV) aimed at substantiating these outputs are undertaken. Furthermore the BC group is a significant partner in the New Products Approval (NPA) process.
Principal responsibilities
Working as part of the PL team and reporting directly to Director level, the individual will be accountable for a given set of trading books and tasked with producing a fully signed off (by Trading Desk) set of ledger reconciled PL`s.

This role necessitates a profound understanding of the products being reported on and training on this will be given where appropriate.

Ideally with product control experience, as the successful candidate should havea strong product knowledge in one or more asset classes. Commodity and Equity derivative exposure would be highly desirable.

They ideally should have spent time in analysing and understanding the concepts of the "greeks" and to have used this in subsequent PL attribution processes.

Some familiarity with reconciliation of the PL-Balance Sheet to general ledger level is also required.

Additionally they should have a good track record for participation in successful platform roll outs and upgrades and other ad hoc projects including successes from cross functional involvement

Industry standard qualifications in the accountancy profession is beneficial.

Investment Bank

Excellent financial package

Where specific UK qualifications are required we will take into account overseas equivalents.

Please quote Michael Page reference when applying Job ref:MPGX13243939

Michael Page International is a world leading recruitment consultancy.

August 31, 2012 • Posted in: General

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