Structured Rates Product Controller recruitment
The successful candidate will have daily PL and balance sheet responsibilities ,more specifically, the candidate will be expected to:
Work with MRC and Valuation Control in improving New Business analysis, ensuring reserving, IPV and calibration issues are appropriately assessed.
Take ownership of all facets of the PL and balance sheet issues surrounding the trading book. This will include written commentary on PL and balance sheet movements
Control and review of trading data in-flow to the PL production tool and discussion of this data with the trading desk.
Daily PL reporting to traders and management - production, analysis, explanation and reporting of the daily trading PL.
Reconciliation of reported PL to underlying ledgers.
Balance sheet review and reserve analysis.
Liaison with trading desk, Valuations, front-office support, Operations and Global Reporting, to discuss and resolve ad hoc issues concerning bookings, valuations, new business, strategy and other areas.
Work closely with traders to understand their trading strategies and risks.
Contribute to initiative to transform the operating model within product control to become a more proficient business decision support team, working closely with the business to understand balance sheet, capital, RWA and plethora of capital or liquidity charges.