Product Controller - London, United Kingdom - LHH Recruitment Solutions

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter


Description

LHH are partnered with a Tier 1 Investment bank who are looking for a Valuations Controller on an interim basis.

The contract will be for a minimum period of 6 months and is paying c£650 per day inside IR35.


Responsibilities

  • Independent price verification analysis and reporting (daily, weekly, monthly)
  • Weekly, Monthly & Quarterly revenue commentary
  • Maintaining valuation adjustment & reserve calculations such that they're inline with current policies
  • Balance sheet analysis (capital, liquidity, exposures etc.) including inventory ageing, and reporting (Managerial and Regulatory)
  • Determining and implementing appropriate accounting policies & procedures (with Accounting Policy)
  • Managing key accounting, legal entity, regulatory and P&L issues with the business
  • Month end close, including Financial Disclosures and calculation / recording of netting entries
  • Exercise of control oversight on behalf of the business
  • Participation in the New Product Review and Appropriation Request processes: modelling structures, process scenarios, review, and control
  • Contributing to Governance process, operational error reporting and support of other internal control process, including SOX
  • Provision of financial expertise in the design, build, testing, and implementation of new Technology Platforms and Systems

The Team


The Equity Derivatives Business, Finance Analysis team is comprised of 20 dedicated professionals, with associates based in both London and Chester.


The primary function of the Equity Business, Finance Management & Strategy team is to provide control & business advisory guidance.

Key business partners are the Trading Desk, Global Valuation Group (GVG), Credit & Market risk, Regulatory Reporting and the RWA team.


The Equity Business, Finance Management & Strategy team supports the Equity Trading Desk; this comprises Equity Derivatives, Equity Execution Services, Equity Synthetics and Securities Lending and Equity Asset Management Services.

This role is to support the Equity Derivatives business, which makes secondary markets in European equity derivatives (Single Stock and Index Options, Emerging Markets, Exotics products, Fund Derivatives and Corporate Derivatives).


Core Skills
Good academic background

  • Qualified (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts, desirable
  • IPV and Valuation experience
  • Excellent MS Excel skills with the ability to build and use spreadsheets
  • Demonstrable risk identification and management
  • Positive relationship management and partner management ability
  • Investment banking experience, desirable
  • Knowledge of derivatives and associated products or a willingness to learn about these products

More jobs from LHH Recruitment Solutions