
Product Controller
London, United Kingdom
Reference number: PC18911
Genesis Banking & Finance are currently looking for an ACA / CFA qualified finance professional to join one of the most prestigious global investment banks, as a Product Controller (acting as a “mini-CFO” for a desk). This is a fantastic opportunity to join a growing team and to progress your career!
Job description:
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The Product controllers’ group is the biggest Controllers department within the bank and fundamentally supports the Fixed Income, Currencies, Commodities and Equities trading desks. This role is very technical, providing a great challenge and you would be offered continuous training from the team and senior management.
Responsibilities:
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Preparing the daily P&L for the trading desk you support.
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Here you would need to assess the nature of revenue generated (e.g. market moves, risk held).
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Performing a reconciliation between the trading desk’s systems and the system you see (the sub-ledger).
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Reconciling between the sub ledger and the bank’s general ledger.
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Producing and analysing the P&L – providing commentary for senior stakeholders.
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Examining the trading activity of the desk to assess the portfolio’s valuation.
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Using this review to highlight any unusual activity or material movements to the senior management team.
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Producing price verifications on a monthly basis – here you would challenge traders’ inputs into the pricing models and also assessing the less observable inputs.
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Communicate and collaborate well with the front office traders and management teams.
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Examining and assessing the risk in the trading positions (market risk, compliance risk, reputational risk, etc.).
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Learning and gaining great knowledge of the bank’s products and also of what is happening on the markets.
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Appreciating the effect of Regulatory Capital requirements and the effect these have on trading activities and potential new business.
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Compiling with the Bank’s financial reporting requirements.
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Liaising with other team’s in a collaborative and problem-solving capacity.
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To keep up to date with developments elsewhere in the bank and how this effects trading.
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Becoming a key contact at the bank as you would develop a great understanding of the bank’s business, products and market leading technology.
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Liaising with various departments to ensure you work effectively and efficiently – including Operations, Technology, Strats, Traders, Legal Entity Controllers Regulatory Controllers, Market Risk Controllers, Credit Risk Controllers, Accounting Policy, Tax, Compliance, Legal, etc.).
Experience:
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Qualified Accountant – ACA or another relevant qualification e.g. CFA.
Skills:
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Highly motivated;
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Strong analytical skills;
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Strong communication skills;
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Great commercial awareness and focus;
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Good integrity and professional skepticism;
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Strong work ethic;
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Desire for excellence;
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Good interpersonal skills;
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A desire to learn;
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Interest in financial markets and products;
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Track record of improving processes and adding value.
Languages: English.
Location: London, UK
Compensation package:
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Very competitive basic
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Discretionary bonus.
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Participation in the company pension scheme.
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Health insurance.
This is an excellent opportunity for an experienced finance professional to join a very exciting team and work for a world-renowned bank!
In order to apply for this role, please forward your most up to date CV and quote the reference number.
TAGS: Product Controller, Mini CFO