At a Glance
- Tasks: Manage PnL processes and assist in developing valuation models.
- Company: Join Pharo Management, a leading global macro hedge fund with a focus on emerging markets.
- Benefits: Be part of a diverse team and enjoy a collaborative corporate culture.
- Why this job: Contribute to a market leader while enhancing your skills in finance and analytics.
- Qualifications: 5-10 years in Valuations/Product Control; strong analytical and communication skills required.
- Other info: Full-time position based in London, ideal for those passionate about finance.
The predicted salary is between 43200 - 72000 £ per year.
Product Controller
Who we are:
Pharo Management is a leading global macro hedge fund with a focus on emerging markets. Founded in 2000, the firm has offices in London, New York and Hong Kong and currently manages approximately $7 billion in assets across four funds. Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates, commodities, and their derivatives. We trade in over 70 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America as well as developed markets. Our investment approach combines macroeconomic fundamental research and quantitative analysis.
Pharo employs a diverse, dynamic team of 125 professionals representing over 20 nationalities and 30 languages. We have a strong corporate culture anchored in core values such as collaborative spirit, creativity, and respect.We are passionate about what we do and are committed to attracting the best and brightest talent.
This is a great opportunity to join a market leader, and contribute to our continued success.
Primary Responsibilities:
- Manage intraday PnL processes to ensure accurate valuations across all products.
- Assist with the development of internal valuation models.
- Work with PM Analytics team to create actual versus expected PnL analysis.
- Work with PMs and Execution traders to resolve PnL discrepancies.
- Liaise with the Operations group to resolve trade booking issues, i.e., cashflows, trade terms.
- Assist the Finance team with the month-end reconciliation process and valuation testing procedures performed in connection with the IM’s Valuation Policy.
- Work on various firm-wide projects and initiatives such as collateral optimization, cash stress tests and PM allocation of funding and trading costs.
Required Qualities/Skills:
- 5-10 years of experience in Valuations and/or Product Control functions.
- Strong working knowledge of the life cycle of financial products and PnL explain/attribution.
- Experience covering EM & DM credit, rates, foreign exchange, commodities, and their derivatives.
- Strong analytical and problem-solving skills, as well as effective communication skills.
- Comfortable working under pressure and independently but also as part of a wider team.
- Intellectually curious to learn new products and to improve existing processes.
- Strong MS Excel skills.
Work status and location
- Full time in London.
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Product Controller employer: Pharo Management
Contact Detail:
Pharo Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Controller
✨Tip Number 1
Familiarize yourself with the specific financial products that Pharo Management deals with, such as EM & DM credit, rates, foreign exchange, and commodities. Understanding these products will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the finance industry, especially those who work in product control or valuations. Attend relevant events or webinars to connect with potential colleagues and learn more about the company culture at Pharo Management.
✨Tip Number 3
Brush up on your analytical and problem-solving skills by working on case studies or simulations related to PnL analysis. This practical experience can give you a competitive edge during the interview process.
✨Tip Number 4
Showcase your strong MS Excel skills by preparing examples of how you've used Excel in previous roles to manage data or perform analyses. Being able to discuss specific instances where you've utilized these skills will make you stand out.
We think you need these skills to ace Product Controller
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Product Controller at Pharo Management. Familiarize yourself with their focus on valuations, PnL processes, and the specific financial products they deal with.
Tailor Your CV: Highlight your relevant experience in valuations and product control functions. Make sure to emphasize your analytical skills, knowledge of financial products, and any experience you have with emerging markets and developed markets.
Craft a Strong Cover Letter: In your cover letter, express your passion for finance and your interest in working at Pharo Management. Mention how your skills align with their core values such as collaborative spirit and creativity, and provide examples of how you've demonstrated these qualities in your previous roles.
Proofread Your Application: Before submitting your application, carefully proofread all documents for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a role in product control.
How to prepare for a job interview at Pharo Management
✨Understand the Product Lifecycle
Make sure you have a solid grasp of the lifecycle of financial products, especially in relation to PnL explain and attribution. Be prepared to discuss your experience with various products like EM & DM credit, rates, foreign exchange, and commodities.
✨Showcase Your Analytical Skills
Highlight your strong analytical and problem-solving skills during the interview. Prepare examples of how you've tackled complex valuation issues or discrepancies in PnL in your previous roles.
✨Demonstrate Team Collaboration
Pharo values a collaborative spirit, so be ready to share experiences where you've successfully worked as part of a team. Discuss how you liaised with different departments, such as Operations and Finance, to resolve issues.
✨Prepare for Technical Questions
Expect technical questions related to valuation models and PnL processes. Brush up on your MS Excel skills and be ready to discuss any relevant projects or initiatives you've worked on that involved cash stress tests or collateral optimization.