Product Controller

Product Controller

Full-Time 48000 - 64000 £ / year (est.) Home office (partial)
R

At a Glance

  • Tasks: Manage daily P&L reporting and enhance financial controls in a dynamic banking environment.
  • Company: Join a leading Global Banking Group with a focus on innovation and collaboration.
  • Benefits: Enjoy a competitive salary, hybrid working, and a comprehensive benefits package.
  • Why this job: Make a real impact on the bank's credit risk strategy while advancing your career.
  • Qualifications: Qualified accountant with 5+ years in banking and strong financial reporting skills.
  • Other info: Dynamic team environment with excellent opportunities for professional growth.

The predicted salary is between 48000 - 64000 £ per year.

Location: London (City) with Flexible Working

Start Date: ASAP

Our client, a leading Global Banking Group, is seeking a Vice President to join its Finance & Control function, with responsibility for Product Control. This is a key position supporting Sales & Trading businesses, offering significant Front Office exposure and the opportunity to drive enhancements across financial controls, reporting, and automation.

Coverage:

  • Debt & Equity Capital Markets
  • Fixed Income & Equity Trading
  • M&A
  • Treasury Activity

Key Responsibilities:

  • Daily P&L reporting across all products and services within the securities businesses
  • Provide backup coverage for derivatives P&L reporting, with a focus on IRS, CCS, and RPI trades
  • Daily XVA reporting
  • Enhance IPV processes and reporting
  • Identify, investigate, and resolve root causes of issues within core Product Control activities
  • Strengthen the control framework and drive process and automation improvements
  • Balance sheet substantiation and GL controls
  • Ensure GL revenue balances reconcile to management and daily revenue reports, providing clear and insightful commentary
  • Develop subject-matter expertise to support wider finance transformation initiatives

Your Background:

  • Qualified accountant (ACA, CIMA or equivalent), with 5+ years’ banking experience
  • Strong controls-focused mindset with a commitment to the integrity of financial reporting
  • Solid understanding of the securities business, including trade lifecycles for bonds, equities, and repos, as well as corporate actions and associated accounting entries
  • Knowledge of key market and product risks and underwriting processes
  • Understanding of trade date vs value date accounting, with exposure to IFRS and GAAP
  • Good knowledge of CVA, DVA, and FVA and the factors impacting daily valuations
  • Ability to understand end-to-end operating and accounting processes
  • Excellent communication, stakeholder management, and ability to meet tight deadlines.

Why This Opportunity?

  • Hybrid Working: Enjoy the flexibility of hybrid working, balancing office collaboration with remote productivity.
  • Career Growth: Be part of a dynamic and supportive team, with opportunities for professional development and career progression.
  • Impactful Work: Play a key role in shaping the bank’s credit risk strategy and ensuring sustainable growth.
  • Competitive Package: Benefit from a salary of up to £80,000, plus a comprehensive benefits package.

Product Controller employer: Roka Search

Join a leading Global Banking Group in London, where you will thrive in a dynamic work culture that values flexibility and collaboration. As a Product Controller, you will have the opportunity to drive impactful financial enhancements while enjoying a competitive salary and comprehensive benefits. With a strong focus on career growth and professional development, this role offers a unique chance to shape the bank's credit risk strategy in a supportive environment.
R

Contact Detail:

Roka Search Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Controller

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and banking sectors. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for those interviews! Research the company and its culture, and brush up on your technical knowledge related to product control. Practise common interview questions and think of examples that showcase your skills and experience.

✨Tip Number 3

Showcase your expertise! When you get the chance to chat with potential employers, highlight your understanding of trade lifecycles and financial reporting. Make it clear how your background aligns with their needs, especially in areas like P&L reporting and process improvements.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, applying directly can sometimes give you an edge over other candidates. So, what are you waiting for?

We think you need these skills to ace Product Controller

P&L Reporting
Derivatives Knowledge
XVA Reporting
IPV Processes
Root Cause Analysis
Control Framework Enhancement
Balance Sheet Substantiation
GL Controls
Financial Reporting Integrity
Trade Lifecycle Understanding
Market and Product Risk Knowledge
Accounting Standards (IFRS, GAAP)
CVA, DVA, FVA Knowledge
Stakeholder Management
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Product Controller role. Highlight your banking experience and any relevant qualifications, like ACA or CIMA, to show us you’re the right fit.

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 background aligns with our needs. Don’t forget to mention your understanding of financial controls and reporting!

Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to enhance processes and drive improvements. We love seeing quantifiable results that highlight your impact in previous positions.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get you one step closer to joining our team!

How to prepare for a job interview at Roka Search

✨Know Your Numbers

As a Product Controller, you'll be dealing with daily P&L reporting and financial controls. Brush up on your financial metrics and be ready to discuss how you've handled similar responsibilities in the past. Show them you can not only crunch numbers but also provide insightful commentary on them.

✨Understand the Trade Lifecycle

Make sure you have a solid grasp of the trade lifecycles for bonds, equities, and repos. Be prepared to explain how these processes work and how they relate to accounting entries. This knowledge will demonstrate your expertise and commitment to the role.

✨Highlight Your Control Mindset

Since this role requires a strong controls-focused mindset, think of examples where you've strengthened control frameworks or improved processes. Share specific instances where your attention to detail made a difference in financial reporting or compliance.

✨Communicate Effectively

Excellent communication is key in this position. Practice articulating complex financial concepts in a clear and concise manner. Be ready to discuss how you've managed stakeholders in the past and how you can bring that skill to the team.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

R
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>