Job Description
Job Description
- Build and lead a high performing team in a demanding technical environment with significant operational risk of error due to the complexity of products
- Manage and mentor a team of co-op students, analysts, senior analyst, and managers
- Develop and encourage ongoing technical training within the team
- Execute change management while leading employees through the process and keeping them focused on business priorities
- Represent Product Control in meetings acting as business lead for specific projects relating to Front Office, IT, Finance initiatives
- Develop and implement a strategic plan for consistent support across all business units through staff cross training
- Ensure all reconciliations and attestation packages are complete in a timely fashion, with issues escalated/resolved effectively
- Act as backup to the Director of Derivatives Product Control
- Ensure that daily sign-off is obtained by the Front Office in a timely fashion
- Manage a team of analysts who perform risk based decompositions to explain the P/L
- Manage information flow of all trading activity in accordance with the standing order to ensure that business partners obtain relevant information
- Attest to all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of records
Must Have
- 5+ years of Product Control experience in a derivatives environment
- Strong leadership, analytical, problem solving, communication and people management skills
- Project Management experience and strong Change Management mindset
- University degree and CA/CMA/CGA/CPA/CFA (or equivalent experience)
- Accounting knowledge for on and off-balance sheet products a must
- Proficient in Excel, Access and Word
- Ability to work in a demanding environment with tight deadlines
- Ability to solve and fix problems within a short period of time
- Advance understanding of procedures and operational controls as they relate to trading systems and workflows
Job Summary
Product Controllers are the front line finance function for Capital Market Derivative businesses. The role involves managing and leading a team of analysts to ensure that daily financial reporting is accurate and signed-off by the Front Office. The employee will act as the main liaison with Global Middle Office, Head Office Finance, Information Technology, Trading, Sales, Operations, Processing, Valuations and other operating units with issues related to the Derivatives group. The Associate Director, Product Control must ensure that all daily and monthly accounting and reconciliations and attestations are performed and are accurate and complete. The Associate Director will provide responses to requests from the Front Office, Risk, Valuations and Financial Control. The manager will also make assessments as to impact on existing processes and to streamline activities whenever possible. The Associate Director also actively participates and leads the team in taking on the broader initiatives sponsored by the bank.
Job ID: 125276