Overview
Product Controller – Associate to Junior VP
High growth commodities and new-age digital asset brokerage
- Daily PnL
- Commentaries
- Monthly balance sheet substantiation and review
- Monthly and quarterly performance reporting
- Revenues and costs, including commission income, interest analysis and cost of trading (COT) and bonus calculations
Client Details
High growth commodities and new-age digital asset brokerage
More diverse role to include analytics as well as daily PnL
City of London with hybrid working
Description
Product Controller – Associate to Junior VP
High growth commodities and new-age digital asset brokerage
City of London with hybrid working — banking and financial services
A position for a senior and experienced Product Controller within the Clearing and Energy execution Product Control team. 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.
- Provide effective control of revenues and costs, including commission income, interest analysis and cost of trading and bonus calculations
- Ownership of daily P&L, related controls, month end close processes for clearing and brokerage business. 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, obtain sign off from respective desks and Finance management and submit to HR by payroll cut-off date
- 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 onto systems.
- Ensure all Product Control activities are documented in sufficient detail and are always kept up to date
Profile
Product Controller – Associate to Junior VP
High growth commodities and new-age digital asset brokerage
City of London with hybrid working — banking and financial services
- ACA Qualified accountant (or equivalent)
- In depth understanding of product control processes, systems and frameworks
- Excellent team player
- Analytical and accounting skills
- Ability to interact with senior management and Front Office staff
- Proficient in MS Excel and use of GL systems (ideally PeopleSoft) and Front office / Back office systems
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
Job Offer
- Base £70,000 – £90,000
- Exceptional company benefits package
- Competitive bonus scheme
