Product Control – Structured Products recruitment
The Product Control Group has a significant presence within the organisation and is focused on reducing Risk by implementing strong controls across the group/function. Product Control has a close working relationship with the trading desks and other areas focusing on control, efficiencies, reducing risk and reporting. The group are a central point of contact for many issues that affect the bank including new product approval, model validation, and independent verification of valuations. By placing a heavy emphasis on information technology and focusing on project work the product control group are able to address control and operational risk and meet the internal and external obligations.
The successful candidate will join the Fixed Income Business Unit Control team based in Hong Kong, supporting the business in the APAC region. As a BUC, your key responsibilities will be to provide value-added support to the business through the control, reporting and analysis of key financial and management information.
Key tasks and responsibilities include:
- Ensuring the accuracy and integrity of revenues generated by the trading desk
- Ensure the balance sheet and risk systems accurately reflect risks involved in business activities
- To ensure the general ledger properly reflects the PL and the valuations of the products held
- You will also be involved in the support and control of new business and change the bank implementations / projects as required
Requirements:
- 4 – 7 years experience in Product control
- Knowledge of interest rates derivatives preferred or structured derivatives products on the FICC side
- Project work and assisting in system development and testing experience desirable
- Accountancy qualification preferred but not necessary
- Good Microsoft EXCEL and Access skills a plus
Please contact hmkwok@astoncarter.com or phone +852 2293 2333 if intrested