A Fixed Income Division (FID) Product Controller is responsible for the accounting and financial reporting of the fixed Income trading desks. FID Product Controllers are responsible for the monitoring of transactions, P&L, and act as a primary control function. This role will be supporting Derivative Products trading.
Essential Job Duties
Work closely with front office personnel in producing daily, weekly, and monthly P&L results and analysis.
Investigate and resolve P&L discrepancies arising from incorrect booking of trades, missing deals, system errors, or valuation issues.
Liaison with various areas within the firm (e.g. Front Office, Operations, Technology, Middle Office and Market Risk)
Continue developing and improving the Internal Control environment through critical evaluation of current controls and processes and utilization of best practice.
Complete the month end closing process for balance sheet reconciliation and substantiation.
Ensure compliance with internal and external audits.
Ad hoc requests from the desk.
Drive process and system improvements through participation in various project initiatives.
Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements.
Work with financial control in preparation of key external reports such as disclosures.
Qualifications
4+ years of Product Control experience with knowledge of Interest Rate Derivative products
CPA or CFA preferred but not required.
Familiarity with accounting principles
High attention to detail
Fast learner and team player
Strong analytic and problem-solving skills.
Highly proficient in Excel (v-lookups, pivot tables)
Strong interpersonal and communication skills; the ability to clearly articulate ideas
Accounting or Finance degree required.
The expected base salary ranges from $85,000 - $140,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
#LI-Hybrid
Numbers & Facts
Location
New York, NY
Job Type
Full-time
Skills
Accountingunmatched
Accounting Closeunmatched
Analysis Skillsunmatched
Balance Sheetunmatched
Best Practicesunmatched
Certified Public Accountant (CPA)unmatched
Chartered Financial Analyst (CFA)unmatched
Communication Skillsunmatched
Derivativesunmatched
Detail Orientedunmatched
External Auditunmatched
Financeunmatched
Financial Controlunmatched
Financial Disclosureunmatched
Financial Reportingunmatched
Financial Statementsunmatched
Fixed Income Investmentsunmatched
Interest Ratesunmatched
Internal Auditunmatched
Interpersonal Skillsunmatched
Maintain Complianceunmatched
Pivot Tablesunmatched
Problem Solving Skillsunmatched
Process Improvementunmatched
Product Controlunmatched
Product Supportunmatched
Profit & Lossunmatched
Profit & Loss Analysisunmatched
Reconciliationunmatched
Riskunmatched
Team Playerunmatched
Technical Operationsunmatched
Transaction Processing/Managementunmatched
Vlookupsunmatched
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