European Rates Product Control & Risk Controller recruitment
The main responsibility of this role is to act as 2nd in command of the group. You will be responsible for providing guidance to the team in resolving the daily risk and PL issues, supplying a complete review of portfolio activity, mentoring book runners to liaise continuously with front office and business management with a strong involvement in project work. The products that the desk covers are European Flow Rates Options, FX Hybrid, Multi-Asset Hybrid and Inflation.
The candidate’s key responsibilities will include:
- Production of Risk positions at close of business.
- Understanding and completion of full Risk sensitivities computed overnight for review on T+1, prior to publication.
- A complete review of Portfolio Activity
- Derivation of a fully attributed PL
- Initial review of Balance Sheet submissions in order to provide Finance with appropriate level of scrutiny prior to their Formal sign off.
- Frequent liaising with front office and business management to assist with the development of the product range offered to clients. This will result in ad hoc project work.
The successful candidate will hold a degree (or equivalent), have extensive experience within a product control environment, possess a strong knowledge of Rates derivatives, alongside the ability to multitask effectively and be able to manage a small group of PL controllers and middle office individuals.