EMEA Credit Portfolio Group (XVA) Product Control - Vice President in London

EMEA Credit Portfolio Group (XVA) Product Control - Vice President in London

London Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Job Search Place Limited

At a Glance

  • Tasks: Lead product control for EMEA XVA, ensuring accurate financial reporting and insights.
  • Company: Join a leading global markets franchise focused on innovation and collaboration.
  • Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
  • Other info: Embrace diversity and inclusion in a supportive workplace culture.
  • Why this job: Make a real impact in finance while developing your skills in a dynamic team.
  • Qualifications: Experience in product control and strong analytical skills required.

The predicted salary is between 80000 - 100000 £ per year.

Make your impact at the heart of our markets franchise. As a XVA Product Control - Vice President in Finance and Business Management, you lead the product control agenda for collateral-specific discounting in our markets business. You ensure accurate financial and regulatory outcomes, elevate the control environment, and translate complex activity into clear insights that decision makers rely on. You collaborate across trading, risk, operations, and technology to deliver timely reconciliations, metrics, and change initiatives. You develop people and processes that scale with growth and change. In this role you will be provided with an excellent opportunity to gain an in depth understanding of XVA (CVA and FVA). The CPG desk trades a wide range of products across all asset classes such as CDS, Bond Futures, Interest Rate Swaps, FX Forwards, Cross Currency Swaps, Commodity Futures, Equity Futures and Options.

Job responsibilities

  • Lead the product control function for EMEA XVA, ensuring complete and accurate financial and regulatory reporting.
  • Own daily and month‑end profit and loss reconciliation from front office estimates to the general ledger and management reporting.
  • Produce, analyze, and explain key business and risk metrics for the desk, including inputs used in Value at Risk.
  • Validate end‑to‑end trade data integrity across systems and remediate breaks between front and back office platforms.
  • Advise on accounting, regulatory, and booking treatments; participate in new product approvals; sign off legal entity financials and regulatory returns.
  • Partner with Planning and Analysis to deliver timely, decision‑ready management information for business leaders.
  • Build, influence, and maintain strong relationships with trading, business management, risk, operations, and technology partners.
  • Prioritize effectively during fast‑moving trading and month‑end cycles while maintaining high control standards.
  • Strengthen the control environment through process design, documentation, testing, and continuous improvement.
  • Lead and develop a high‑performing team; coach, set priorities, and foster an inclusive, collaborative culture.
  • Support technology, business, and regulatory change initiatives to ensure smooth implementation and control readiness.

Required qualifications, capabilities, and skills

  • Extensive relevant experience in product control, financial control, or markets finance within a trading business.
  • Relevant experience leading or mentoring team members with demonstrated ability to influence senior stakeholders.
  • Deep knowledge of interest rate derivatives and discounting concepts, including forwards, swaps, basis, and collateral‑driven discounting.
  • Strong accounting proficiency and working knowledge of Generally Accepted Accounting Principles for the United States and United Kingdom.
  • Advanced Excel skills for analysis and controls (formulas, lookups, pivots) with ability to automate using macros or willingness to learn.
  • Experience reconciling profit and loss and balance sheet from front office systems to the general ledger with clear variance explanations.
  • Familiarity with market risk concepts and measures, including governance of Value at Risk inputs and controls.
  • Proven ability to operate under pressure and tight deadlines with exceptional attention to detail and ownership.
  • Excellent written and verbal communication skills with the ability to explain complex topics clearly to non‑specialists.
  • Demonstrated strength in internal controls, risk assessment, and issue remediation across the trade lifecycle.
  • Bachelor's degree or equivalent practical experience in finance, accounting, economics, engineering, or a quantitative field.

Preferred qualifications, capabilities, and skills

  • Experience with differential discounting and collateral‑specific pricing and risk management in a global markets environment.
  • Prior ownership of Value at Risk data inputs, backtesting controls, and related governance.
  • Knowledge of legal entity reporting and regulatory returns for trading businesses.
  • Experience with process re‑engineering and control automation; familiarity with Python or SQL.
  • Exposure to trade lifecycle and systems architecture across risk, finance, and operations.
  • Professional certification such as Certified Public Accountant (CPA), Associate Chartered Accountant (ACA), Chartered Financial Analyst (CFA), or Financial Risk Manager (FRM).
  • Experience working across United States and United Kingdom accounting and tax considerations for derivatives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

EMEA Credit Portfolio Group (XVA) Product Control - Vice President in London employer: Job Search Place Limited

Join a dynamic and inclusive team at the forefront of financial markets as an EMEA Credit Portfolio Group (XVA) Product Control - Vice President. Our company fosters a collaborative work culture that prioritises employee growth, offering extensive training and mentorship opportunities to develop your skills in a fast-paced environment. With a commitment to diversity and a focus on innovative solutions, we empower our employees to make a meaningful impact while enjoying a competitive benefits package and a supportive workplace.

Job Search Place Limited

Contact Details:

Job Search Place Limited Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land EMEA Credit Portfolio Group (XVA) Product Control - Vice President in London

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We think you need these skills to ace EMEA Credit Portfolio Group (XVA) Product Control - Vice President in London

Product Control
Financial Control
Markets Finance
Interest Rate Derivatives
Discounting Concepts
Accounting Proficiency
Generally Accepted Accounting Principles (GAAP)

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