At a Glance
- Tasks: Lead the Product Control team and ensure accurate financial reporting and analysis.
- Company: Join a dynamic investment banking firm committed to diversity and inclusion.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact on financial performance and strategic initiatives in a fast-paced setting.
- Qualifications: Qualified accountant with strong leadership and product control experience.
- Other info: Opportunity for career growth and involvement in exciting strategic projects.
The predicted salary is between 48000 - 72000 £ per year.
The Head of Product Control will lead the Product Control function, ensuring robust financial oversight, accurate reporting and insightful analysis of trading performance. This role plays a critical part in supporting the Group’s growth strategy and product expansion by providing leadership, commercial insight and strong control governance.
You will manage a Product Controller, oversee end-to-end P&L reporting, and work closely with Finance, Risk, Product and Front Office teams to drive transparency, accountability and financial performance across the business.
Role and Responsibilities- Leadership and Team Management
- Lead and develop the Product Control team (currently one direct report), ensuring high performance and continuous improvement.
- Establish clear roles, responsibilities and development plans to support team growth and succession planning.
- Daily P&L Oversight and Reporting
- Validate and report daily P&L for all trading products, including futures, options, cash equities and treasury.
- Ensure completeness and accuracy of financial data across all reporting platforms.
- Deliver consolidated commentary and analysis to senior stakeholders and the Executive Team.
- Commercial Insight and Business Partnering
- Provide value-adding insight into product performance, pricing and trading activity.
- Partner with the Front Office teams to evaluate the financial impact of strategic initiatives.
- Play a leading role in budgeting, forecasting and business planning for product areas.
- Control Environment and Compliance
- Maintain and enhance financial control frameworks across product control processes.
- Ensure compliance with accounting standards, regulatory obligations and internal policies.
- Support internal and external audits, ensuring all queries are responded to accurately and efficiently.
- Strategic Projects and Change Management
- Drive system and process improvements to enhance the efficiency and scalability of the function.
- Lead on finance input to product launches, regulatory change and other strategic projects.
- Champion data-led decision-making through better use of BI tools and automation.
- Essential
- Qualified accountant (ACA, ACCA, CIMA or equivalent) with extensive post-qualification experience.
- Strong background in Product Control within a trading, brokerage or investment banking environment.
- Demonstrated leadership and team management experience.
- Deep understanding of trading P&L, valuation, financial products and risk concepts.
- Strong commercial acumen and ability to influence senior stakeholders.
- Excellent communication and presentation skills.
- Proficiency in Excel and financial reporting tools.
- Desirable
- Familiarity with regulatory reporting and audit processes.
- Exposure to BI tools and data-driven analysis.
CMC Markets is powered by our people. We are an equal opportunities employer and are committed to creating a diverse and inclusive workplace, where our people feel confident to be themselves, feel valued and are able to do their best work. We don’t just value differences and unique perspectives, we seek them out and we invite them in, because we know it will lead to better outcomes for everyone.
Head of Product Control employer: CMC Markets
Contact Detail:
CMC Markets Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Product Control
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and trading 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 researching the company and its products. Understand their financial performance and recent news. This will help you showcase your commercial insight and demonstrate how you can add value to their team.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience in product control and how it aligns with the role. Highlight your leadership skills and ability to drive financial performance – this is what they want to hear!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Head of Product Control
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your leadership experience and any relevant financial oversight roles you've had. We want to see how you can bring value to our Product Control team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Head of Product Control role. Share specific examples of your achievements in product control and how they align with our growth strategy.
Showcase Your Analytical Skills: Since this role involves insightful analysis of trading performance, make sure to highlight your analytical skills. Mention any tools or methodologies you’ve used to drive transparency and accountability in previous roles. We love data-driven decision-making!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at CMC Markets
✨Know Your Numbers
As the Head of Product Control, you'll need to demonstrate a strong grasp of P&L reporting and financial oversight. Brush up on your knowledge of trading products and be ready to discuss how you would validate and report daily P&L. Use specific examples from your past experience to showcase your expertise.
✨Showcase Your Leadership Skills
This role involves leading a team, so be prepared to talk about your leadership style and how you've developed teams in the past. Think of instances where you've established clear roles and responsibilities or implemented development plans that led to team growth. Highlight your ability to inspire and drive performance.
✨Prepare for Commercial Insight Questions
Expect questions around providing value-adding insights into product performance and pricing. Be ready to discuss how you've partnered with Front Office teams in the past to evaluate financial impacts of strategic initiatives. Bring examples that illustrate your commercial acumen and ability to influence senior stakeholders.
✨Understand Compliance and Control Frameworks
Since maintaining financial control frameworks is crucial, brush up on your knowledge of accounting standards and regulatory obligations. Be prepared to discuss how you've ensured compliance in previous roles and how you would support audits. This will show your commitment to governance and control within the organisation.