Job Details

Product Controller (Credit/Fixed Income)

London, United Kingdom, Permanent

Posted: 4 hours ago


Our client a reputable global mixed arbitrage hedge fund, trading across a number of financial products and geographic locations require an experienced Product Controller (Fixed Income/Credit). The hedge fund is hugely successful and has won numerous global awards operating across numerous markets.

The Product Control team forms part of the Financial Control team which also covers Procurement and Accounts Payable, Payroll, MIS Reporting and Partnership Reporting. The Product Control team consists of twenty people across offices in Singapore. US and UK. The group is split into three core teams;

  • Emerging Markets, Credit
  • Rates/F/X Trading
  • Expenses & Financial Statements

The successful individual will undertake the following;

  • Production of P&L's across Emerging Markets/Credit trading desks
  • Working closely with teams and the fund administrator to ensure delivery of P&L
  • Resolving issues around P&L
  • Interacting with Front Office and performing valuation verification
  • Producing statistics or performance measures for management
  • Undertaking project work, to include trader requests, management requests, improving processes, and setting up new products/desks/trading lines

Its important that the individual will be able to perform the following BAU activities;

  • Production of P&L process, including explanations around P&L
  • Perform month-end closing processes to include; valuation source hierarchy, and valuation policies
  • Documentation of non - standard valuation sources
  • Ability to assist on external valuations
  • Reconcile estimate balance sheets/P&L to final balance sheet/P&L
  • Monitor daily valuation changes to ensure movements are in line with market drivers
  • Document non standard valuation sources
  • Internal reporting - reporting of P&L by currency, trader and region
  • Prepare monthly and quarterly reports for senior management, coupled with summaries of trader performance, changes and or risks to business continuity

The ideal individual will have experience in daily P&L production, and ideally worked in a P&L Controller function for a Bank or Hedge Fund. Experience of credit products is important. In addition the individual will ideally have an undergraduate degree from a reputable academic institution, and a passion for wanting to work in the financial markets. This is an exciting and rewarding opportunity offering a great career path for the right individual.

Job Details

Full Time
London, United Kingdom