NEW YORK Product Control Opportunities recruitment

Your duties will encompass the following:

• Production and reporting of daily risk attributed PL and commentary of key drivers of PL by attribution.

• Discussion of daily PL with the trading desk and obtaining their sign off on a daily basis

• Exercising key controls including investigation of flash formal variance, PL breaks, front to back breaks

• Calculation of bid offer reserves, cost allocations and price testing on a monthly basis and discussing the same with the trading desk.

• Review of balance sheet and understanding of the key drivers of the moves on a periodic basis.

• Provision of MI and other key information for senior management review (including desk sign off statistics, costs summary, reserve movements and commentaries).

• Support ad hoc requests from the trading desk and infrastructure groups relating to new trade/product valuation, systems or markets

• Testing and analysis in relation to roll out of new products and systems

• Continuous identification and elimination of inefficiencies in the existing processes

The candidate would be expected to have a strong product control background and demonstrate:

 - Understanding of trade flows from front-to-back
  -Knowledge of derivatives
 - Involvement in daily PL explain/attribution
 - Strong control focus
 - Good understanding of price testing/reserving
 - Strong accounting background
 - Team player

Additional: