Analyst – Product Control

Macquarie Group

Location: Greater London

Job Type: Full time

Posted

Be brave, not perfect.
- Reshma Saujani

The Product Control Group, within the Finance department, is responsible for understanding, substantiating, and controlling the revenue recognition of the trading business with a specific focus on the balance sheet and income statement. The Product Control group does this through daily review of P&L attribution, reserves & adjustments, review of front to back reconciliations, new trade reviews in conjunction with new trade/desk level risk oversight, and ensures a firm understanding on the drivers of P&L to produce accurate daily and period to date reporting & analysis

Right now, we have an exciting opportunity for an Analyst to support our global Commodities Markets & Finance businesses based in London. The Commodities Markets and Finance group provides clients with risk and capital solutions across

The Commodities Markets and Finance is a global business with operations across North America, Australia, Europe, and Asia. The Division provides tailored risk management solutions to an international client base through over-the-counter derivatives and physical commodities. For this role specifically in the London based Product Control team that will include Agricultural Commodities, Base and Precious Metals, Bulks as well as Energy products across European Power and Gas, Carbon, and LNG.

In this role you will take responsibility of reporting of daily P&L and associated reconciliations including daily attribution of P&L performance and associated controls. You will prepare/review and explain attributions of daily P&L with reference to new trading activity and cancel/amends. We will also look to you to participate in the month-end close and ensure compliance with all Macquarie financial policies and processes. You will document job processes and procedures, including identification of process enhancements and improvements. The role will also see you have regular interaction with offshore team based in Gurugram, India and Jacksonville, FL. It will also give you scope to build strong relationships with Front Office, Market Risk, Financial Control to ensure an effective control environment is maintained and be able to identify risk and enhancements to the overall control framework.

This role will suit you if you are analytical, are commercially minded and enjoy problem solving.

You will bring to this role:

  • 1-2 years’ experience in Financial Control or Product Control role and experience in a commodity trading environment highly beneficial
  • Strong attention to detail
  • Desire to follow tasks through to completion
  • High level of energy, commitment, and flexibility
  • Ability to work and contribute as part of a team
  • Team player with excellent oral and written communication and influencing skills
  • An understanding of trade valuations and risk factors (Greeks)

If this sounds like the opportunity to further build your career in financial markets, then please apply via the link.

About the Financial Management Group

In our Financial Management Group you will be part of a team that provides strategic analysis and advice on capital, funding, liquidity, tax and financial performance to support the growth of Macquarie's businesses around the world. You will join a team that ensures Macquarie continues to meet its financial, regulatory and tax reporting compliance obligations in the jurisdictions in which we operate, and a team that maintains significant relationships on behalf of the Group.

Our commitment to Diversity, Equity and Inclusion

The diversity of our people is one of our greatest strengths. An inclusive and equitable workplace enables us to embrace that diversity to deliver more innovative and sustainable solutions for our people, clients, shareholders and communities. At Macquarie, you'll be encouraged to be yourself and supported to perform at your best. If you're inspired to deliver on our purpose of ‘empowering people to innovate and invest for a better future’, we want you on our team. If you need adjustments made to the recruitment process, please reach out to your recruiter.

As an inclusive employer, Macquarie does not discriminate on the grounds of age, disability, sex, sexual orientation, gender identity or expression, marriage, civil partnership, pregnancy, maternity, race (including colour and ethnic or national origins), religion or belief.

Joining Macquarie means you’ll be able to work in a way that suits you best. With the right technology, support and resources, our people can work in a range of flexible ways. Talk to us about what working arrangements would help you thrive.

You’ve got this!