Product Control Manager for Fixed Income Currencies & Commodities and Macquarie Securities Group recruitment

FMG - Product Control for Fixed Income Currencies Commodities (FICC) and Macquarie Securities Group (MSG)

Macquarie Group is a pre-eminent provider of investment, advisory and financial services, with over 14,200 employees in 28 countries across Asia, Europe, the Americas, Africa and Australia. Macquarie Group listed on the Australian Stock Exchange in 1996 and has reported successive years of profits for the past 16 years. Macquarie now employs over 2,500 staff in the US.

The Finance Division supports Macquarie's operating areas by providing financial product control, financial planning, capital management, management reporting and budgeting and divisional accounting services. The Division is located in nearly all locations where Macquarie has operations. The Product Control group is structured along business lines with a dedicated team co-located with, and providing support to, each operating area.

This is a challenging, valued and visible role within Macquarie's Finance Division. You will be responsible for the daily preparation and analysis of daily PL and Balance Sheet for various business lines within the FICC and MSG groups. Business lines supported include Credit Division, Debt Capital Markets, Repo Desk, Structured Commodities Finance, Cash Equities, Systematic Trading, Equity Stock Borrow / Loan, and Self Clearing.

Reports to Senior Manager of FMG- Product Control (Americas).

Key areas of responsibility include:

• Preparation and analysis of daily profit and loss reports

• Reconciliation of daily cash movements and funding requirements

• Responding to Front Office queries

• Month-end activities including: posting month end journals, review of intercompany balances, transfer pricing, reconciliation of the balance sheet

• Month-End Management Reporting

• Month End and Intra-Month Rates Testing

• Balance Sheet analysis

• Completion of ad-hoc requests from Front Office, Regulatory, other Finance areas, and Tax

Ad hoc:

• Liaise and communicate with other internal departments where appropriate, in particular Front Office and Settlements, Regulatory Reporting, Corporate Reporting and Taxation.

• Participate in projects that improve controls, processes and system enhancements

Key skill requirements:

• Bachelor's degree in Finance, Accounting

• Background in Bond and Loan Syndications Trading preffered

• 4 - 7 years experience in a Middle Office, Product Control, Finance

• CPA not required but preferred. Non-CPA candidates must have the required accounting credits to sit for the CPA if hired for the role

• Sound technical accounting skills. US GAAP and IFRS understanding a plus

• Strong analytical skills

• Clear communicator

• Ability to develop and manage relationships with other support groups, front office and business management

• Ability to work and contribute as part of a team

• Strong attention to detail

• Ability to work independently

Product Set:

• ABX, LCDX, CMBX Indices (ALL Series)

• Interest rate swaps

• US treasuries

• Long/short ABS bonds (inclusive of CLOs, RMBS, CDOs, equipment, etc)

• Long/short bonds

• CDS on single name corporates

• Repo/reverse repo - financing

• Total return swaps

• Corporate index trades (CDX, iTraxx)

• Synidicated Bank loans

• Commodity Forwards

• Listed Equity Options

• OTC Options

• Common stock

• Futures

• FX Spot and Forwards

Macquarie is an equal opportunity employer (M/F/D/V).