Product Control Manager – Fixed Income & Derivatives (Paris based) in London
Product Control Manager – Fixed Income & Derivatives (Paris based)

Product Control Manager – Fixed Income & Derivatives (Paris based) in London

London Full-Time 72000 - 108000 £ / year (est.) No home office possible
Go Premium
A

At a Glance

  • Tasks: Lead daily P&L production and valuation control for trading desks.
  • Company: Join a multinational investment bank with a strong finance culture.
  • Benefits: Competitive salary, career growth, and dynamic work environment.
  • Why this job: Make an impact in finance while collaborating with top professionals.
  • Qualifications: Extensive Product Control experience and strong analytical skills.
  • Other info: Work with international teams and enhance reporting processes.

The predicted salary is between 72000 - 108000 £ per year.

A+F Recruitment is partnering with a multinational investment bank to recruit a senior Product Control Manager focused on Fixed Income and Derivatives. This is a senior opportunity for an experienced Product Controller to join a high calibre Finance and Control function supporting the bank's trading activities across European markets.

The successful candidate will report to the Head of Management Reporting and Product Control. The role requires full ownership of daily P&L production, valuation control and balance sheet substantiation for fixed income and derivatives trading books. It combines hands-on technical work with direct engagement with trading desk heads, risk management, treasury, valuation teams and finance leadership.

Key Responsibilities
  • Produce and validate daily P&L for fixed income and derivatives trading desks, including clear commentary and variance analysis.
  • Substantiate balance sheet positions for trading books, ensuring valuation accuracy and detailed reconciliation.
  • Investigate and resolve P&L breaks and pricing discrepancies, working closely with front office and support functions.
  • Perform independent price verification and market conformity checks using external market data.
  • Review valuation adjustments, funding charges and associated fees.
  • Assess hedge effectiveness and work with Treasury, Risk and Operations on trading activity oversight.
  • Support month-end, quarter-end and year-end close for trading portfolios.
  • Drive enhancements in reporting processes, automation and data quality.
  • Act as a key point of contact for auditors and front office on valuation and P&L matters.
  • Collaborate closely with the accounting team to ensure accurate and compliant financial reporting.
Requirements
  • Extensive Product Control experience within an international investment bank.
  • Strong knowledge of fixed income and derivatives products such as rates, FX and credit.
  • Hands-on background in Finance and Control with direct exposure to daily P&L production, valuation and reconciliation.
  • Proven experience interacting with front office and supporting the trading book.
  • Solid understanding of accounting standards including IFRS and relevant regulatory requirements.
  • Strong analytical capability and proficiency in market data, valuation concepts and technical problem solving.
  • Ability to communicate complex issues clearly and challenge stakeholders where necessary.
  • Professional approach with the ability to work both independently and within cross-functional teams.
  • Professional accounting or finance qualification.
  • Consulting experience only when combined with a genuine Product Control background.
  • Experience working with international teams and auditors.

To Apply: Email your CV to mark.donnelly@afrecruitment.ie or click "Apply" to submit your application.

Product Control Manager – Fixed Income & Derivatives (Paris based) in London employer: A+F Recruitment

Join a leading multinational investment bank in Paris, where you will thrive in a dynamic and collaborative work culture that values innovation and excellence. As a Product Control Manager, you will benefit from extensive professional development opportunities, competitive compensation, and the chance to engage directly with senior stakeholders across trading and finance functions. Experience the unique advantage of working in one of Europe's financial hubs, surrounded by a diverse team committed to driving success in fixed income and derivatives markets.
A

Contact Detail:

A+F Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Control Manager – Fixed Income & Derivatives (Paris based) in London

Tip Number 1

Network like a pro! Reach out to your connections in the finance and investment banking sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

Tip Number 2

Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss fixed income and derivatives confidently. Use real-world examples from your experience to showcase your skills in P&L production and valuation control.

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your career goals. Check out our website for tailored job listings that match your expertise in product control. It’s all about finding the right fit!

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in the interviewer's mind. Plus, it’s a great chance to reiterate why you’re the perfect fit for the team.

We think you need these skills to ace Product Control Manager – Fixed Income & Derivatives (Paris based) in London

Product Control
Fixed Income Knowledge
Derivatives Knowledge
P&L Production
Valuation Control
Balance Sheet Substantiation
Variance Analysis
Pricing Discrepancy Resolution
Independent Price Verification
Market Conformity Checks
Valuation Adjustments Review
Hedge Effectiveness Assessment
Financial Reporting Compliance
Analytical Capability
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to highlight your extensive Product Control experience, especially in fixed income and derivatives. We want to see how your skills align with the key responsibilities mentioned in the job description.

Showcase Your Analytical Skills: In your application, don’t forget to showcase your strong analytical capabilities. We’re looking for someone who can communicate complex issues clearly, so give examples of how you've tackled technical problems in the past.

Highlight Collaboration Experience: Since this role involves working closely with various teams, make sure to highlight any experience you have collaborating with front office, risk management, and accounting teams. We love seeing candidates who can work well in cross-functional environments!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on our radar quickly!

How to prepare for a job interview at A+F Recruitment

Know Your Numbers

Make sure you’re well-versed in the daily P&L production and valuation control processes. Brush up on your knowledge of fixed income and derivatives products, as you'll need to discuss these confidently during the interview.

Showcase Your Analytical Skills

Prepare to demonstrate your analytical capabilities by discussing past experiences where you resolved P&L breaks or pricing discrepancies. Be ready to explain your thought process and how you approached problem-solving in those situations.

Engage with Stakeholders

Since the role involves direct engagement with trading desk heads and other teams, think of examples where you successfully communicated complex issues. Highlight your ability to challenge stakeholders and collaborate effectively across functions.

Understand Regulatory Standards

Familiarise yourself with IFRS and relevant regulatory requirements. Be prepared to discuss how these standards impact financial reporting and valuation adjustments, as this knowledge will be crucial for the role.

Product Control Manager – Fixed Income & Derivatives (Paris based) in London
A+F Recruitment
Location: London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

A
  • Product Control Manager – Fixed Income & Derivatives (Paris based) in London

    London
    Full-Time
    72000 - 108000 £ / year (est.)
  • A

    A+F Recruitment

    50-100
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>