Product Control, VP

A leading international financial institution is seeking a VP, Product Control to join their London-based Finance department. This is an exceptional opportunity for you to play a pivotal role in the financial controls of Sales & Trading businesses, supporting a wide range of desks including Debt Capital Markets, Equity Capital Markets, Fixed Income trading, and more. You will be at heart of daily P&L reporting and Balance Sheet controls, acting as the principal point of contact for Front Office traders.

The organisation offers a dynamic and supportive environment where your expertise will be valued and your career growth actively encouraged. With a strong commitment to diversity, inclusion, and employee well-being, you will benefit from hybrid and flexible working arrangements, competitive paid leave, private medical insurance, and access to extensive learning and development resources. If you are passionate about driving process improvements and enhancing control frameworks within a collaborative team, this is the perfect next step in your career.

What you'll do

• Deliver daily profit and loss reporting for all products and services across securities product desks with accuracy and insightful commentary.
• Provide backup cover for daily P&L reporting on derivative trades with particular focus on IRS, CCS, and RPI transactions.
• Produce daily XVA reports while continuously enhancing the independent price verification process to ensure robust controls.
• Investigate root causes of issues identified in core activities by collaborating with stakeholders to resolve them efficiently.
• Drive enhancements to the control framework by identifying opportunities for process automation and change management initiatives.
• Substantiate general ledger balances on the balance sheet through detailed analysis and reconciliation procedures.
• Ensure that general ledger revenue balances align with management reports and daily revenue statements by providing clear explanations.
• Develop subject matter expertise to contribute effectively to bank wide transformation initiatives focused on finance operations.
• Collaborate closely with Front Office teams as well as infrastructure groups to maintain transparency in financial reporting processes.
• Support other team members by coaching and sharing knowledge to foster a collaborative work environment.

What you bring

• Demonstrated experience in product control within investment banking or capital markets environments with a proven track record of managing financial controls.
• Advanced understanding of securities business including bond, equity, repo trade life cycles, corporate actions, and general ledger accounting throughout transaction lifespans.
• Comprehensive knowledge of market risks associated with various securities products along with mechanisms of underwriting processes.
• Ability to distinguish between trade date/value date accounting methods; ideally possessing familiarity with IFRS / GAAP accounting standards differences.
• Proficiency in end to end operating models for finance functions including accounting process flows and their implications on reporting outcomes.
• Solid grasp of CVA (Credit Valuation Adjustment), DVA (Debit Valuation Adjustment), FVA (Funding Valuation Adjustment) calculations and factors influencing their daily valuation.
• Experience managing self and others in resolving issues proactively while coaching colleagues in a collaborative manner.
• Excellent communication skills enabling effective presentation of technical or complex matters to diverse audiences across the organisation.
• Controls first mindset dedicated to maintaining integrity of core financials while continuously enhancing control environments through process improvement initiatives.
• Commitment to customer focus, driving change responsibly, embracing diversity within teams, exercising sound judgement in decision making, risk management awareness, strategic thinking abilities, trustworthiness and integrity.

What sets this company apart

This organisation stands out for its unwavering dedication to being a trusted partner for clients over the long term while championing employee well being at every stage of your career journey. Their universal banking platform supports an ambitious international growth agenda, offering exposure to award winning products across corporate finance, investment banking advisory services, and global capital markets solutions. Employees enjoy hybrid working arrangements designed around flexibility so you can achieve optimal work life balance alongside generous paid leave policies. Physical well being is prioritised through private medical insurance plus life and invalidity coverage; mental health is supported via behavioural health networks offering counselling and coaching services. The company's culture is built on diversity and inclusion, supported by active networks that celebrate different backgrounds and reinforced by Sport & Social Clubs that encourage communal engagement outside work hours. Career progression is not just promised but delivered through access to extensive learning resources tailored for professional development at every level. Here you'll find yourself part of a knowledgeable team where supportive leadership helps nurture your growth while recognising individual contributions within a truly collaborative environment.

What's next

If you are ready to take your career further in an environment that values your expertise while supporting your personal growth, this is your moment! Apply today by clicking on the link below to begin your journey towards joining this outstanding team.