Currencies and Emerging Markets (CEM)
The desk’s mandate is to offer solutions to its clients primarily through a range of products such as bonds (fixed coupon, FRNs, amortizing, step up / step down), equities, vanilla & exotic non-USD IR derivatives, FX options and Futures, bond options, CDS and structured trades for tax and legal management.
The target client base include both primary and secondary market clients, corporate, sovereign, financial institution, real estate investment funds and financial sponsors which finance their activities regularly in the international markets.
The Product Controller is primarily responsible for the P&L and Risk reporting control of both the standard and non-standard elements of the businesses.
Roles & Responsibilities
The key responsibilities of the P&L and Risk team are :
Production, preparation and reporting of the daily P&L and risk management information
Understand, produce and explain daily P&L into constituent risk components; investigating any issues as needed
Review with FO to obtain sign-off and for any ad hoc requests and queries. First point of contact for FO.
Additional liaison with other middle office areas, back office, FVP and technology development groups and point of contact for all downstream issues (e.
g. Collateral, Credit, Settlements)
Liaison with accounting control group to help investigate any issues around daily monitoring and review of the general ledger to reported P&L and month-end reporting and substantiation
Manage projects and initiatives related to all of the above as well as larger cross-business programmes
Be an active part of the team, coming up with ideas and suggestions for improvements etc.
The two most important characteristics required are the potential to succeed and an active interest in finance.
Bachelor’s degree; finance, accounting, statistics, or economics is a plus.
Minimum 1 year of relevant experience.
Derivatives or Securities experience including clear understanding of Greeks analysis.
Strong interpersonal / communication skills ability to relay information in a concise and understanding manner.
Professional attitude, strong team player and personable / approachable manner. Comfortable working with all levels of the organization.
Strong attention to detail and ability to work effectively to tight deadlines.
Previous P&L or risk within a derivatives or fixed income securities environment preferable.
Proven track record of delivering high quality results within tight deadlines; ability to manage multiple priorities.
Strong analytical, problem solving, and process re-engineering skills.
Investigative mind-set, able to see issues at both a high level and in detail.
Excellent verbal and written communication skills, experience with creating documentation.
Energetic self-starter who takes ownership.
Strong technical skills in using Excel and PowerPoint. VBA is a plus.
Interest and ability to work in a fast-paced and dynamic environment.