Posted By
Posted in
Banking & Finance
Job Code
543393
Note: Below JD is just for reference not for the particular role.
Product Controller
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.
- Where appropriate, act as Line representative on major change projects.
- Take ownership of any issues that arise from the day to day and monthly processes with a view to resolving these in an efficient and timely manner.
- Liaise with Front office and other end users as to process development and other ad hoc queries.
- Reconciliation of general ledger.
THE PRODUCT COVERAGE: Examples of the product coverage includes Equity Derivatives, Credit Derivatives, Interest Rates and Equities.
Qualifications:
- Degree in Finance, Accounting or related field.
- Possess a CFA or CPA qualification an advantage.
- At least 8 years Product control experience.
- Experience in leading/managing teams required.
- Auditing experience is an advantage.
- Analytical ability.
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Posted By
Posted in
Banking & Finance
Job Code
543393