Product Control/Projects

Product Controller

One of our large Investment Banking Clients are looking for an experienced Product Controller to join there team.

Prime Services EMEA Product Controller to take ownership of the Prime Services PL. This will involve developing a strong technical understanding of the trading strategies, products and valuation/pricing methodologies that are utilised in order to oversee the reported PnL vs trader estimates and provide analysis and commentary upon material deviations from Flash. Businesses supported in Prime includes: Stock Lending, Prime Financing Flow, Prime Brokerage, Prime Financing Delta One working closely with trading to diagnose issues that have the potential to distort their risk and PnL, tackling strategic initiatives to enhance the infrastructure and control environment

- Take ownership of review of all facets of the P&L and balance sheet issues surrounding the books.
- Maintain oversight of key reconciliations to ensure trading P&L is reported in an accurate and timely manner.
- Daily P&L reporting to traders and senior management.
- Commentary on daily, weekly and monthly P&L.
- Reconciliation of reported P&L to underlying ledgers.
- Balance sheet review
- Account ownership review
- Liaison with Front Office, Operations and Financial Control to discuss and resolve ad hoc issues
- Provide high standard of client service to Front Office.
- Produce and analyse MI reports.
- Assistance with ad-hoc projects and information request.
- Participate in core Front to Back testing of legal entity migration projects

Additional duties and responsibilities:

P&L re-engineering as part of project initiatives

Skills:
highly numerate individual with a mathematical/finance related degree from a top tier university.
Aproficient understanding of derivative products ie Futures, OTC Options, Synthetic Forwards, Non-Deliverable Currency Forwards.
A general understanding of accounting principles and U.S GAAP/IFRS requirements.
Understanding of Prime Brokerage/Stock Lending business will be an advantage

Hy-phen Limited is acting as an Employment Business in relation to this vacancy.

The Adecco Group UK & Ireland is an Equal Opportunities Employer.