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Capital Markets Product Controller - VP

Posted: 05/11/24
Recruiter:Inventum Group (Formally Wells Tobias)
Reference:2845303905
Type:Permanent
Salary:£90,000 - £110,000 Annual
Location:City, London
Description:

A Financial Services client of ours is looking for a Product Controller at VP level or equivalent to be based in their London office (Three days in the office).

Will be responsible for production and review of daily desk P&Ls and commentaries, monthly balance sheet substantiation and review, monthly and quarterly performance reporting and analysis, quarterly broker paysheets.

Key responsibilities:

  • Ownership of daily P&L, related controls, month end close processes for markets and brokerage businesses. This includes controls around cost of trades, desk bonuses and analysis of expenses.
  • Build and maintain relationships with both Front Office and other control areas including Risk, Treasury, FP&A, Tax and Operations and gain commercial understanding of the relevant businesses and their operational processes.
  • Prepare and review monthly bonus calculations for relevant profit centres.
  • Prepare or review balance sheet substantiation ensuring all allocated accounts are fairly represented considering legal entity, completeness, valuation and balance sheet classification
  • Production of periodic MI and commentaries for senior management.
  • Improve/automate Product Control processes by understanding non/semi-automated processes, designing automated processes and deliver improvement working with relevant technology teams.
  • Assist in internal and external audit activities.
  • Onboard new desks and help with their integration.
  • Ensure all Product Control activities are documented in sufficient detail and are always kept up to date.

Skills and experience required:

  • ACA Qualified accountant (or equivalent)
  • In depth understanding of product control processes, systems and frameworks
  • Analytical and accounting skills
  • Ability to interact with senior management and Front Office staff
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Inventum is passionate about equity, diversity and inclusion. We seek individuals from the widest talent pool and encourage diverse and underrepresented talent to apply for vacancies with us. Inventum is committed to ensuring our recruitment processes are fair to all applicants, regardless of background and personal characteristics.

Inventum Group is acting as an Employment Agency in relation to this vacancy.

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