AVP/VP - Product Control - Investment Bank

The Product Control teams are our financial guardians of the bank's sales and trading activities and therefore play a critical part within the broader finance organisation in delivering service excellence to our clients.

THE ROLE INVOLVES:

- Production of daily P&L for a number of trading books.

- Reconciliation between front office spreadsheets and the back office P&L systems This reconciliation pertains to all P&L activity including valuation of positions, cash balances, funding and provisions. These responsibilities require a good understanding of trade information process flows between different departments within the bank (Front Office, Operations and Financial Accounting departments).

- Analyse, explain and validate P&L according to market moves, new trades and other influences.

- Manage all marketing and risk provisions on the books to ensure accurate P&L reporting. This involves understanding how these provision values are derived and how they impact overall P&L.

THE PRODUCT COVERAGE: Examples of the product coverage includes Equity Derivatives, Credit Derivatives, Interest Rates and Equities.

QUALIFICATIONS: CA