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- Tasks: Oversee P&L, valuation, and control for complex Fixed Income funding structures.
- Company: Join Jefferies, a leading global investment banking firm with a dynamic culture.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Why this job: Specialise in Fixed Income and make a real impact in a fast-paced environment.
- Qualifications: Qualified Accountant with 5+ years PQE and strong technical accounting skills.
- Other info: Collaborate with senior management and enhance processes in a supportive team.
The predicted salary is between 43200 - 72000 £ per year.
Jefferies is a leading global, full service investment banking and capital markets firm, operating for more than 60 years with headquarters in New York City and major hubs including London — where you will be based. It offers a broad suite of services across investment banking, sales & trading, research, wealth & asset management, and merchant banking.
The VP is a senior technical accounting specialist responsible for overseeing the P&L, valuation and control environment for complex, multi entity Fixed Income funding structures. The role requires technical depth, strong judgement and the ability to explain accounting outcomes to senior management. You will be involved across the deal lifecycle, ensuring accurate booking, consolidation and reporting for structured transactions, many of which involve SPVs and non standard funding flows. This position is ideal for a technical accountant seeking to specialise in Fixed Income and structured funding frameworks.
Key Responsibilities- Daily & Accounting Oversight
- Day 1 P&L review and attribution
- Presenting booking model flows and transaction structures to senior management
- Flash vs Actual analysis
- Fair value adjustments and local reporting requirements
- Assess inventory impacts and associated funding costs
- Trade lifecycle management across multiple entities
- Balance sheet substantiation
- Reconciliation of reported P&L to the ledger
- Booking of fair value adjustments
- Booking and analysis of local GAAP differences (including Hedge Accounting and CTA Hedging)
- Contribute to and challenge IPV outcomes
- Prepare management packs covering structured deals and P&L movement commentary
- Lead enhancements to process and system flows to improve automation and control
- Act as technical SME during new product implementations or system builds
- Provide senior level commentary, insights and reporting
- Qualified Accountant with 5+ years PQE
- Strong technical accounting background across multi entity structures and funding frameworks
- Experience within Fixed Income and/or funding products in a Banking or Fund environment
- Understanding and application of accounting concepts such as hedge accounting, FX hedging and CTA hedging
- Knowledge of reserving methodologies and valuation adjustments
- Strong analytical mindset with high attention to detail
- Ability to communicate and present technical topics clearly to senior stakeholders
- Proven ability to identify issues, propose solutions, and work efficiently under pressure
- Confident in rationalising and automating processes
Fixed Income Product Controller, VP in London employer: Jefferies Financial Group
Contact Detail:
Jefferies Financial Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fixed Income Product Controller, VP in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work at Jefferies or similar firms. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your technical accounting knowledge. Be ready to discuss complex P&L structures and valuation methods, as these will likely come up during your chat with the hiring team.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've tackled challenges in previous roles, especially those involving multi-entity structures or funding frameworks. This will demonstrate your fit for the VP position.
✨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 take that extra step to connect with us directly.
We think you need these skills to ace Fixed Income Product Controller, VP in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Fixed Income Product Controller role. Highlight your technical accounting experience and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your experience makes you the perfect fit. Don’t forget to mention your understanding of complex funding structures and how you can contribute to our team.
Showcase Your Analytical Skills: Since this role requires a strong analytical mindset, be sure to include examples of how you've used your analytical skills in past roles. We love seeing how you’ve tackled challenges and proposed solutions, especially in high-pressure situations.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Jefferies Financial Group
✨Know Your Numbers
As a Fixed Income Product Controller, you'll need to be on top of your game with technical accounting. Brush up on key metrics and P&L attribution methods relevant to the role. Be ready to discuss how you’ve handled complex multi-entity structures in the past.
✨Master the Technical Jargon
Familiarise yourself with terms like hedge accounting, fair value adjustments, and CTA hedging. Use these terms confidently during the interview to demonstrate your expertise. It shows you’re not just familiar with the concepts but can also communicate them effectively to senior management.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical mindset and attention to detail. Discuss specific instances where you identified issues in financial reporting or proposed solutions that improved processes. This will illustrate your ability to work efficiently under pressure.
✨Engage with the Interviewers
Don’t just answer questions; engage with your interviewers. Ask insightful questions about their current processes and challenges in Fixed Income. This shows your genuine interest in the role and helps you understand how you can contribute to their team.
