Manager, Product Control
Job Summary
Job Description
What is the opportunity?
As a Manager, Product Control, you will be responsible to provide quality analytical support to the Capital Markets' Treasury Services Product Control area by performing daily mark-to-market valuation, P&L reconciliation and generating risk / position reports on an accurate and timely basis.
**please note: this position will support the UK office and working hours will be 7:00am - 3:00pm
What will you do?
- Daily P&L production, month-end reporting and reconciliation
- Act as the primary point person for all Front Office queries and issues and effectively monitor, track, and complete tasks in a timely fashion
- Perform daily valuation and analyze MTM movements by measuring the impact of new deals, amendments, cancellations as well as changes in yield curves, volatilities, convexity bias, rate reset and time decay where applicable
- Pro-actively monitor all operational, valuation and risk management issues pertaining to the trading portfolios assigned
- Communication of Daily, MTD and YTD results to the Desk Head, compare P&L Estimate vs. Actual results -explain variances and obtain sign-off
- Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record
- Provide support to Statutory and Regulatory Reporting and Head Office as it relates to the business - filling out relevant templates and providing adequate back up
- Identify opportunities to improve valuation and risk reports and pro-actively streamline processes to improve productivity
- Perform daily PNL and Balance Sheet reconciliations to ensure figures are properly tied back to the systems of records
What do you need to succeed?
Must have
- 2+ years of experience in a sophisticated Treasury or Capital Markets environment, supporting a trading desk
- Excellent MS Excel, Database and SQL Skills
- Strong analytical, problem-solving, interpersonal and communication skills
- Able to work effectively and reliably under pressure
- Advanced understanding of procedures and operational controls as they relate to trading systems and workflows
Nice-to-have
- Canadian Securities Course
- Derivative Fundamental Course
- CFA Candidates or Charter holders
Job Skills
Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem SolvingAdditional Job Details
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