The Product Controller is primarily responsible for the P&L, Risk Management and Control of both the standard and non-standard elements of the businesses. Products include (but are not limited to):
- Derivatives
- Futures and Options
- Structured Investments
- Repos
- ETFs
The key responsibilities of the P&L and Risk team are:
- Production, preparation and reporting of the daily P&L and risk management information
- Understand, produce and explain daily P&L into constituent risk components; investigating any issues as needed
- Review with FO to obtain sign-off and for any ad hoc requests and queries. First point of contact for FO
- Additional liaison with other middle office areas, back office, FVP and technology development groups and point of contact for all downstream issues (e.g. Collateral, Credit, Settlements)
- Liaison with accounting control group to help investigate any issues around daily monitoring and review of the general ledger to reported P&L and month-end reporting and substantiation
- Manage projects and initiatives related to all of the above as well as larger cross-business programmes
- Be an active part of the team, coming up with ideas and suggestions for improvements etc.
Qualifications and skills:
- Analytical and problem solving skills
- Pro-activity in identifying control gaps, defining resolution and taking to closure
- Ability to communicate effectively across the organization, both orally and in writing
- Knowledge of derivative option products and/or commodities an advantage
- Motivated, positive "can do" attitude
- Influencing skills to manage interaction with diverse groups internally and externally
- A flexible proactive approach, ability to adapt to business change
- Finance background. Preferably qualified accountant, but not essential
- Previous Product Control experience highly beneficial, but not essential
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