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Structured Rates Product Controller

Posted 7 days 2 hours ago by Inventum Group

Permanent
Not Specified
Other
London, City, United Kingdom, EC1A2
Job Description

Our client, a well-known Investment Bank, is looking for a Structured Product Controller - AVP Equivalent to join their team based in London.

The role is hybrid, and you will be expected to be in the office three days a week.

Key responsibilities:

  • To provide an effective link between Front Office & other stakeholders within the wider Finance team, bringing specialist product knowledge into the arena, so that any disagreements in daily P+L are resolved on a timely basis & ultimate P+L agreement with FO is achieved, evidenced & logged.
  • Daily production of P&L and decomp reporting to the front office traders, includes an analytical review of the risk-based decomposition, comparison of trader flash versus actual and other end of day reports.
  • To ensure integrity of the bank's books and records, including reconciliation to bank's ledger systems, attestation of the books and records each month end.
  • To ensure the wider Product Control team and stakeholders are immediately aware of revaluation issues that may affect downstream activity.
  • Production of analytical reporting to the business and Finance team, in addition to ad-hoc reporting as required by Front Office & senior management.
  • Involvement in key change management projects to deliver improvements to our daily processes.
  • To ensure PC remains & is seen to be an independent control function.
  • To support and provide training to members of the team.

Essential requirements for applying and fulfilling the above requirements:

  • Strong vanilla options, structured interest rates and note issuance product and revaluation skills.
  • Competent accountancy skills; preferably fully qualified CIMMA/ACA/ACCA or equivalent / similar.
  • Excellent communication skills especially with Front Office members.
  • Effective in allocating priorities.
  • Accounting Qualification, ACA, ACCA, CIMA or similar / equivalent.
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