Skip to main content

This job has expired

You will need to login before you can apply for a job.

Junior Product Controller

Employer
Alexander Mann Solutions (Contingent)
Location
London, United Kingdom
Salary
Negotiable
Closing date
Oct 10, 2024
View more categoriesView less categories
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Our investment banking client has been present in the UK for more than 150 years, they're a long-term partner to British business. Today, the Group is formed of 10 divisions and employs 9,300 staff based in 21 core locations right across the country. Their role is simply stated: help clients achieve their goals by combining local know-how and global reach. In so doing, they seek to make a positive, sustainable contribution to both the UK economy and society.

On behalf of this organisation, AMS are looking for a Junior Product Controller for an initial 12-month long contract based in London (hybrid).

As a Junior Product Controller, you will be:
  • Producing the official PNL figures, investigating the discrepancies with the expectations done the previous day, and understanding the economic reasons justifying the PNL (market moves, new deals, strategies etc.).
  • Reviewing the PNL Explain in depth and correct wrong effect if no technical solution can be found to overturn the misallocation.
  • Reviewing the Risk-based market PNL and analyse differences against the PNL Explain until the gap is understood and documented.
  • Reconciling the system valuation against our calculation for specific products such as Futures and Bonds.
  • Reviewing the cash payments expected from exotic products.
  • Assisting in the training of new and junior members of the team and provide cover for other members where necessary.
  • Supporting the implementation of new system functionalities and raising IT requirements for bug fixing or system enhancements when possible
  • Participating in transversal projects.

What we're looking for:
  • Good theoretical knowledge of derivative pricing
  • Working experience or understanding of PNL explains (Step Revaluation as well as Risk-Based Explains) and risk factors (the "Greeks")
  • Knowledge of instruments traded in Fixed Income as well as exposure to other asset classes
  • Strong analytical skills and ability to meet deadlines and objectives
  • Effective time management and ability to prioritise workload and escalate issues to management
  • Stakeholder management skills and ability to collaborate across teams
  • Strong focus on accuracy and attention to detail
  • Ability to handle multiple tasks simultaneously and prioritise independently
  • Good written and verbal communication skills
  • Computer literacy and knowledge of Excel and VBA

If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.

This client will only accept workers operating via an Umbrella or PAYE engagement model.

AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.

Sign in to create job alerts

Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.

Create alert