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Position: Credit - Product Control
Job Number: MS03770
Location: NY - New York City
Date Posted: 2017-11-17
Salary Range: $101-125k
Job Summary:

The FI Credit Product Control Group, within the Global Finance Department, is responsible for the P&L reporting and all product-related control functions. 

 

The core responsibilities of the team are to ensure timely and accurate reporting of daily P&L including verification of risk and P&L through the P&L attribution process. Additional responsibilities include ownership and reconciliation of the P&L, month end Balance Sheet substantiation, Commentary, and ad hoc projects/requests.

Company Information:

Name: Leading Investment Bank

Job Description:

·         Products traded on the desk includes various fixed income cash and derivatives

·         Ensure proper review of month end close for the business, including balance sheet and revenue reconciliations, general ledger and sub ledger adjustments and reserve calculations

·         Liaise with the Front Office, Middle office, Accounting and Risk management teams to solve various issues in a timely manner

·         Perform/Present the weekly/monthly P&L commentary to director within team

·         Perform and review regulatory submissions [i.e. IFRS13, IFRS10, BASEL III, etc.]

·         Represent product control in various regulatory, IT and business projects

·         Manage analysts within the team and provide ongoing support with respect to BAU processes

·         Implement new policies and procedures applicable to the team

Requirements / Qualifications:

o    Bachelor’s degree in Finance, Accounting or Business Administration

o    2+ years of experience in various Credit and Hybrid products [Loans, Bonds, Options, Interest Rate Swaps, CDS, TRS, Financing and other products]

o    2+ years of managerial experience.

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