At a Glance
- Tasks: Join our team to analyse profit and loss for trading businesses and ensure compliance.
- Company: Goldman Sachs is a leading global investment banking and financial services firm, established in 1869.
- Benefits: Enjoy flexible work options, wellness programmes, and professional development opportunities.
- Why this job: Be part of a dynamic team that values diversity and personal growth while making a real impact.
- Qualifications: Qualified CA/CFA/CMA with strong analytical skills and knowledge of accounting principles.
- Other info: We support candidates with special needs during the recruitment process.
The predicted salary is between 43200 - 72000 £ per year.
OUR IMPACT
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office.
Controllers ensure that the Firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. Controllers also ensure that the Firm\’s activities are conducted in compliance with the regulations governing transactions in the financial markets. Our Product Control Team reports key financial data including P&L, balance sheet and price verification. This team works closely with business leaders of the FICC and Equities businesses.
YOUR IMPACT
Product Controllers become experts in their business and assess valuation, profit and loss attribution, and disclosure implications of the business\’ positions and trades. We are seeking an associate level hire to join the London Product Control team.
RESPONSIBILITIES
- Perform daily, weekly, monthly, and quarterly profit and loss analyses for the trading business
- Perform ongoing price verification procedures to ensure appropriate valuation of firm inventory
- Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements
- Become proficient in capital requirements impactful to the trading business
- Analyze and report the balance sheet and funding sources of the trading business
- Produce financial statements and/or relevant disclosures for the trading business
- Work with the financial reporting team in preparation of key external reports such as earnings release and 10Q/ 10K disclosures
REQUIREMENTS
- Qualified CA /CFA/CMA
- Basic industry knowledge and strong accounting knowledge. – Knowledge of US GAAP & IFRS is a plus.
- Strong communication and interpersonal skills
- Strong analytical skills
- Accurate and detail-oriented with sound judgment and integrity
- Strong knowledge of Microsoft Office products, tools and utilities for business use
- Candidate must be proactive, enthusiastic and team oriented
- Ability to prioritize and make decisions in a fast-paced environment
- Accuracy and attention to detail
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We\’re committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
We\’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
 The Goldman Sachs Group, Inc., 2021. All rights reserved.
Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity
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Controllers, FICC Product Controllers, Associate, London employer: IIBA (International Institute of Business Analysis)
Contact Detail:
IIBA (International Institute of Business Analysis) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Controllers, FICC Product Controllers, Associate, London
✨Tip Number 1
Familiarise yourself with the specific financial regulations and compliance requirements that govern the FICC sector. Understanding these will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals already working in product control or similar roles within investment banking. Attend industry events or webinars to gain insights and potentially make connections that could refer you to opportunities at Goldman Sachs.
✨Tip Number 3
Brush up on your analytical skills by practising financial modelling and analysis. Being able to showcase your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss real-world scenarios where you've demonstrated strong attention to detail and sound judgment. Having concrete examples ready will help illustrate your fit for the role and the culture at Goldman Sachs.
We think you need these skills to ace Controllers, FICC Product Controllers, Associate, London
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the Controllers position at Goldman Sachs. Familiarise yourself with the key tasks such as profit and loss analyses, price verification, and financial reporting.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your qualifications such as CA/CFA/CMA and any knowledge of US GAAP & IFRS, as well as your analytical and communication skills.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific reasons why you want to work at Goldman Sachs and how your background makes you a suitable candidate for the Product Control team.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your information is accurate and that your application presents a professional image.
How to prepare for a job interview at IIBA (International Institute of Business Analysis)
✨Know Your Numbers
As a Product Controller, you'll be dealing with profit and loss analyses, so brush up on your financial metrics. Be prepared to discuss how you would approach daily, weekly, and monthly analyses, and demonstrate your understanding of key financial statements.
✨Understand Regulatory Frameworks
Familiarise yourself with the regulations governing financial transactions, especially US GAAP and IFRS. Being able to articulate how these frameworks impact financial reporting will show your depth of knowledge and readiness for the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical skills to solve problems or improve processes. Highlight any experience you have with price verification procedures or assessing new trades for valuation.
✨Emphasise Teamwork and Communication
Controllers work closely with various teams, so it's crucial to demonstrate your strong communication and interpersonal skills. Share experiences where you've successfully collaborated with others, particularly in high-pressure situations.