Recently Qualified Accountant with Audit exp required for Product Control opportunity recruitment
The Rates Flow function in London is a successful part of the global Rates trading business consistently delivering strong PL performance. In recent years the business has grown outside of its traditional interest rate base in the search for additional revenue growth.
BUC is the key Front Office facing group within Finance at UBS, being responsible for PL, Balance Sheet and valuation control in addition to partnering the business in new initiative/projects. We are currently looking to recruit a Product Controller to oversee the Inflation BUC area within the Rates Flow team.
Your job will be part of the team within Rates BUC covering the more structured Inflation swaps and options desks. The main products covered by the desks include :
- EUR, GBP and USD inflation swaps.
- EUR, GBP and USD inflation options.
- EUR, GBP and USD index-linked bonds.
- LPI collared inflation swaps.
- Structured inflation trades.
- Flow products such as interest rate swaps, bonds and futures are used as hedging instruments in each of these businesses.
Outside of the day-to-day control responsibilities of the BUC team, the role will also provide opportunities for involvement in ad hoc projects such as new business reviews, system implementations etc. providing opportunities to partner the business.
A qualified accountant with sound mathematical academics and ideally experience within Interest Rate Derivatives Product Control at a major investment bank is required for this position. By preference you have also had exposure to Inflation Derivatives.
You will also have shown your capacity to critically review systems/processes and suggest effective/efficient improvements and solutions to weaknesses that are identified.
Your previous experience will demonstrate your ability to quickly form strong relationships with senior members of the business and show your ability to close out difficult issues in a professional and effective manner.