Product Controller - Associate to Junior VP

City of London Permanent £70,000 - £90,000 per year View Job Description
Product Controller - Associate to Junior VPHigh growth commodities and new-age digital asset brokerage Daily PnLCommentariesMonthly balance sheet substantiation and reviewMonthly and quarterly performance reportingRevenues and costs, including commission income, interest analysis and cost of trading (COT) and bonus calculations
  • High growth commodities and new-age digital asset brokerage
  • More diverse role to include analytics as well as daily PnL

About Our Client



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

Job 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 servicesA 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

The Successful Applicant

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

What's on Offer

  • Base £70,000 - £90,000
  • Exceptional company benefits package
  • Competitive bonus scheme
Contact
Jonathan Gilmore
Quote job ref
JN-102024-6573059
Phone number
+44 (0)207 776 5957

Job summary

Job function
Banking & Financial Services
Subsector
Product Control & Valuations
Sector
Financial Services
Location
City of London
Contract type
Permanent
Consultant name
Jonathan Gilmore
Consultant phone
+44 (0)207 776 5957
Job reference
JN-102024-6573059