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Product Controller

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Our client is the London branch of an international bank.DescriptionWork closely with traders, market risk and valuation teams to analyse, validate and report daily Profit and Loss, efficiently resolve issues experienced and ensure a sound control environment.Main Responsibilities:* Ensure timely and accurate reporting of daily PnL and related analysis daily* Reconcile finance PnL to risk attributed PnL and front office estimates, and understand and resolve any material differences identified* Ensure that the daily PnL is accurately reported to the front office and reconciled between finance ledger and management reporting tools* Provide daily commentary on PnL movements and variance investigation to front office and finance management* Ensure that internal financial controls over PnL are adhered to* Distribute PnL reports to front office, market risk and finance management daily* Liaise with operations teams to resolve any settlement issues* Liaise with platform support teams to resolve any source system issues* Submit PnL to front office daily for approval* Ensure that the relevant PnL and Balance sheet positions are correctly reported at month-end, that the applicable reconciliations have been completed and all issues have been identified/resolved* Provide advice to the business on the PnL impact of trades and the interaction of the trading and finance systems, especially regarding proposed new trades* Ensure that applicable accounting standards are adhered to regarding PnL reporting* Provide PnL data and commentary to the market risk governance team for regulatory reporting* Assist the UK Finance team and Head of Product Control on ad hoc tasks and projects as required* Ad hoc cover and support for the daily PnL production for other team members as necessary* Drive enhancements to PnL controls and production processes* Maintain process documentation to provide assurance that all policies and procedures are being adhered toProfileKey Requirements* Degree in Finance, Accounting or other relevant area* Strong understanding of financial products and markets* Excellent interpersonal and communication skills, with the ability to build relationships with different stakeholders* Can prioritise effectively and meet daily/monthly deadlines in a fast-paced work environment* Previous experience in a Product Control role* Microsoft Excel - Intermediate proficiencyJob OfferCompetitive salary package and benefits

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