Product Control Specialist recruitment
PEAK6 Investments is currently seeking an individual to join our Product Control team. The role supports all internal views of profit and loss in order to compile the firm’s final daily PNL. Strong process orientation is critical, a history of creative thought and follow through on projects is absolutely necessary, and attention to detail a must.
Key Responsibilities:
- Identify, analyze, and resolve daily PL outages (T+1) resulting from trading activity, corporate actions, expiration/maturity, dividend and interest income/expense, execution costs and security master mapping. Communicate directly with stakeholders on resolution, and log errors for future analysis.
- Work closely with stakeholders (Front and Back Office, IT, Risk, Research, Support and Finance) to continuously improve PL accuracy through short and long term projects
- Communicate daily PL difference between internal and clearing firm to accounting for review
- Assist in daily revenue reporting to Senior Partners. Propose improvements to process and timing.
- Drive and support trader level monthly profit and loss verification process
- Secure, verify, adjust and upload daily closing prices across a variety of security types
- Review counterparty websites/data configuration files for improved mapping against P6 internal views (avoid price mismatches, trade mismatches etc.)
- Develop various problem decomposition and reconciliation tools as needed
- Assist in automation of all manual or partially automated processes
- Respond to ad hoc inquiries from traders and managers
- Adapt to rapidly changing requirements
Job Requirements:
- Undergraduate in Accounting, Finance, or Computer Science.
- 2+ years at a trading firm
- At least 1-2 years in or supporting Operations or Middle Office/Product ControlOptions experience preferred – should understand the process and implications of exercise, assignment, dividends, accruals
- Exposure to equity and option exchange fee requirements and other instruments preferred
- Microsoft SQL experience required
- Strong excel skills required
- A strong interest in technology, automation, and working with developers to create permanent solutions to operational problems
- Exceptional problem solving skills; interest in strategy games a plus
- The ability to work independently; self motivated, and proactive in achieving individual and team objectives. Must be able to self manage and prioritize multiple tasks.
- Previous experience working in a highly competitive and dynamic environment required
- Strong verbal and written communication skills, ability to articulate views clearly and concisely
- Must have strong attention to detail and the ability to work independently through obstacles
- Able to proactively work toward a goal without significant structure or rule
May 9, 2012
• Tags: Operations careers in the USA, Product Control Specialist recruitment • Posted in: Financial