Product Control Associate- Chief Investment Office
Description
The execution middle office provides transaction analysis P&L and risk and project support to the T/CIO desks which execute transactions and manage resulting positions. The associate will lead analysis for one of the CIOs main products in the effort to ensure the businesss financials are well supported and properly of your primary purposes will be to work with the Front Office to obtain their P&L and Risk signoff for each day. Separately Product Controllers help insure proper reporting of Interest Rate Risk Market Risk and other regulatory reporting requirements.
As a Product Controller Associate on the Executive Middle Office team you will possess a financial mindset an appreciation for complex system flows and the controls necessary to ensure your accuracy a thorough understanding of financial instruments and relevant accounting principles an aptitude for root/cause analysis and an overriding eagerness to exhibit leadership and drive.
Job Responsibilities :
- Provide Production and substantiation of P&L and Risk to CIO/Treasury FO/Management
- Provide supervisory oversight of daily P&L/Risk process performed by junior team members
- Review daily system to system reconciliations and feeds relating to CIO & Treasury
- Monitor Market Risk related controls- includes updating/monitoring of risk limits report clean P&L for VaR back testing
- Contribute to New Business initiatives including active participation to on-board a new product & designing MO work flow provide analysis/advice around booking strategies & operational procedures
- Provide support for any ad hoc requests and queries from various stakeholders
- Review current processes identify opportunities for improving efficiency & controls and delivering tactical/strategic solutions
- Work in close partnership with Market Risk Business Management Trade support Financial controllers VCG Technology to ensure adequate controls on overall P&L & Risk numbers
- participate in Strategic Re-engineering and global projects involving front/back end systems and closely partner across 3 regions. Deliver substantive and meaningful contribution to groups work product.
- Understand & contribute to various control frameworks i.e. Control Self Assessment (CSA) Sarbanes Oxley (SOX) & Business Control Committees (BCCs)
Required Qualifications Skills and Capabilities:
- Degree Holder major in Finance or Accounting
- 3 years in Middle Office Market Risk Valuation Finance or Product Control
- Works independently and takes decisions escalates when appropriate
- Good communication skills robust and credible partner
- Detail oriented ability to deep dive on processes and improve controls/efficiencies
- Good product knowledge with hands on experience in Fixed income & Treasury products
- Good understanding of transaction cycle infrastructure & associated operational and financial processes and controls
- Strong relationship-building and networking skills
- Ability to deal with high level of adhoc requests and deliver under pressure
- Excel proficiency
Required Experience:
Chief
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