Structured Rates Product Controller
Structured Rates Product Controller

Structured Rates Product Controller

City of London Full-Time 60000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team as a Structured Product Controller, linking Front Office and Finance daily.
  • Company: Work with a renowned Investment Bank in the heart of London.
  • Benefits: Enjoy a hybrid work model with three days in the office and flexible hours.
  • Why this job: Be part of a dynamic team, enhancing your skills in finance and product control.
  • Qualifications: Strong knowledge of structured rates and relevant accounting qualifications required.
  • Other info: Opportunity to engage in key change management projects and support team training.

The predicted salary is between 60000 - 84000 £ per year.

Our client, a well-known Investment Bank, is looking for a Structured Product Controller - AVP Equivalent to join their team based in London. The role is hybrid, and you will be expected to be in the office three days a week.

Key responsibilities:

  • To provide an effective link between Front Office & other stakeholders within the wider Finance team, bringing specialist product knowledge into the arena, so that any disagreements in daily P&L are resolved on a timely basis & ultimate P&L agreement with FO is achieved, evidenced & logged.
  • Daily production of P&L and decomp reporting to the front office traders, includes an analytical review of the risk-based decomposition, comparison of trader flash versus actual and other end of day reports.
  • To ensure integrity of the bank's books and records, including reconciliation to bank's ledger systems, attestation of the books and records each month end.
  • To ensure the wider Product Control team and stakeholders are immediately aware of revaluation issues that may affect downstream activity.
  • Production of analytical reporting to the business and Finance team, in addition to ad-hoc reporting as required by Front Office & senior management.
  • Involvement in key change management projects to deliver improvements to our daily processes.
  • To ensure PC remains & is seen to be an independent control function.
  • To support and provide training to members of the team.

Essential requirements for applying and fulfilling the above requirements:

  • Strong vanilla options, structured interest rates and note issuance product and revaluation skills.
  • Competent accountancy skills; preferably fully qualified CIMMA/ACA/ACCA or equivalent / similar.
  • Excellent communication skills especially with Front Office members.
  • Effective in allocating priorities.
  • Accounting Qualification, ACA, ACCA, CIMA or similar / equivalent.

Structured Rates Product Controller employer: Inventum Group

Our client, a prestigious Investment Bank located in the heart of London, offers an exceptional work environment that fosters collaboration and innovation. With a hybrid working model, employees enjoy the flexibility of remote work while benefiting from a vibrant office culture that encourages professional growth and development. The bank prioritises employee well-being through comprehensive training programmes and a commitment to maintaining a supportive atmosphere, making it an ideal place for those seeking a rewarding career in finance.
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Contact Detail:

Inventum Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Structured Rates Product Controller

✨Tip Number 1

Familiarise yourself with the specific structured products and vanilla options mentioned in the job description. Understanding these products inside out will not only help you during interviews but also demonstrate your genuine interest and expertise in the field.

✨Tip Number 2

Network with professionals already working in product control or similar roles within investment banks. Attend industry events or join relevant online forums to connect with potential colleagues who can provide insights and possibly refer you for the position.

✨Tip Number 3

Brush up on your accounting skills, especially if you're not fully qualified yet. Consider taking short courses or certifications that focus on financial reporting and reconciliation processes to enhance your qualifications and show your commitment to continuous learning.

✨Tip Number 4

Prepare for behavioural interview questions by reflecting on past experiences where you've successfully resolved conflicts or improved processes. Being able to articulate these examples will showcase your problem-solving abilities and your fit for the role's responsibilities.

We think you need these skills to ace Structured Rates Product Controller

Strong knowledge of vanilla options and structured interest rates
Revaluation skills for financial products
Competent accountancy skills
Fully qualified ACA, ACCA, CIMA or equivalent
Excellent communication skills with Front Office members
Analytical skills for P&L and risk-based decomposition
Attention to detail in financial reporting
Ability to resolve discrepancies in P&L
Experience in reconciliation to bank's ledger systems
Proficiency in producing analytical and ad-hoc reports
Project management skills for change management initiatives
Training and mentoring abilities for team members
Effective prioritisation skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Structured Rates Product Controller. Familiarise yourself with key terms like P&L, risk-based decomposition, and reconciliation processes.

Tailor Your CV: Highlight your relevant experience in structured products, vanilla options, and accountancy qualifications. Make sure to showcase any previous roles that involved communication with Front Office teams or analytical reporting.

Craft a Strong Cover Letter: In your cover letter, emphasise your understanding of the investment banking environment and your ability to resolve discrepancies in P&L. Mention specific examples of how you've contributed to process improvements in past roles.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your documents are clear, concise, and free from typos, as attention to detail is crucial in this role.

How to prepare for a job interview at Inventum Group

✨Showcase Your Product Knowledge

Make sure to demonstrate your understanding of structured products, vanilla options, and interest rates during the interview. Be prepared to discuss specific examples from your past experience that highlight your expertise in these areas.

✨Communicate Effectively

Since excellent communication with Front Office members is crucial, practice articulating complex financial concepts clearly and concisely. Use examples to illustrate how you've successfully communicated with stakeholders in previous roles.

✨Highlight Your Analytical Skills

Prepare to discuss your experience with P&L production and analytical reporting. Bring examples of how you've conducted risk-based decomposition and reconciled discrepancies in financial reports, as this will be key to the role.

✨Demonstrate Change Management Experience

Be ready to talk about any involvement you’ve had in change management projects. Highlight how you contributed to process improvements and how you can bring that experience to enhance the daily processes at the bank.

Structured Rates Product Controller
Inventum Group
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  • Structured Rates Product Controller

    City of London
    Full-Time
    60000 - 84000 £ / year (est.)

    Application deadline: 2027-03-31

  • I

    Inventum Group

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