VP, Product Control (Exotics) recruitment
Job Description
This role within product control provides comprehensive support to the Front Office Trading desk. In particular it is responsible for providing analysis of new exotics/ structured trading activity, supporting the lifecycle of the exotics/ structured portfolio and independently verifying the valuations of the products. The group also interacts with all other groups relating to the business area.
Main Function
The role is primarily responsible for ensuring a controlled front-to-end exotics/structured trading activities and PL substantiation. The team acts as a first point of contact (central hub) for all the front-line issues regarding exotics/structured trading which is high risk, complex and fast changing.
Main Duties
The core responsibilities are:
- Trade Validation of Exotic/Structured transactions for FX/Rates/Credit products
- Day1 PL and Provision analysis of all new trading activity
- Structured Transaction Reviews (STR)
- Monitor and control the Exotics/Structured product life cycle events
- Servicing the FX EM Front Office and Line Product Control in relation to the above
- Project Management - major trading platform migration
- Team Management/Leadership
Job Requirements
Education Experience required
- ACA/CPA or B.Eng or B.S degree, Top tier university.
- Minimum of 5 years’ Product Control experience with preferably 2 years Structured Middle Office or in dealing with an Exotics/Structured portfolio within a top tier investment bank.
- Minimum of 3 years’ team management/leadership experience.
Technical Knowledge
- Fundamental Derivatives pricing and risk management knowledge.
- Continually striving for process improvement.
- Comprehensive understanding of the range of products and services within the firm and the ability to apply this understanding to reporting requirements, both internal and external.
- Excellent user of Microsoft Excel application.
Control Environment
- Escalates breaches of policies and procedures appropriately
- Must be regarded as proactive and assertive in driving control improvement for their area
- Strong control awareness - in particular, the individual should be able to identify an initiatives which they have led which has directly improved the control environment for the area they work in
- Strong understanding and has the mindset to strive to identify potential control breakdowns in process, also demonstrated with effective procedure manuals
- Ability to streamline processes in a most efficient manner not only within the team but also within the firm, and if required, negotiate / persuade other department to accept the change.
Commercial Effectiveness
- Customer focused – consistently meets client needs within constraints of time, resources and budget
- Has network of industry contracts, and building a good market reputation
- Consistently delivers against targets
- Has good understanding and is up to date on relevant business knowledge.
Business Skills
- Has the initiative and ability to break down problems into components parts and resolving them
- Can solve problems effectively and creatively
- Good influencing and negotiation skills
- Excellent communication skills in both formal and informal settings ability to interact with the region and London as part of a global team (written and verbal)
Management and Leadership
- Demonstrate the potential of developing for effective leadership, a good listener
- Team player who can help the team through change and adversity whilst producing results and maintaining morale
- Manage expectations of key stakeholders.
If you feel you have the skills to match, please apply via the link below or contact Samantha Hankinson at Samantha.Hankinson@Kaskal-Executive.com or +65 6631 2943