Explore Product Control IT Business Analyst jobs and discover a pivotal career at the intersection of finance, technology, and business operations. This specialized hybrid role is essential within investment banks, asset management firms, and other financial institutions, acting as the crucial link between the Product Control function and Information Technology teams. Professionals in this field are responsible for ensuring that the IT systems supporting financial reporting, profit and loss attribution, and valuation control are accurately designed, implemented, and maintained. They translate complex business needs from finance controllers and accountants into actionable technical requirements for developers and engineers, ensuring data integrity and regulatory compliance. The typical responsibilities of a Product Control IT Business Analyst are multifaceted. A core duty involves conducting detailed requirement gathering sessions with Product Control end-users to understand challenges in P&L reporting, balance sheet substantiation, and month-end close processes. They then analyze and document these requirements into functional specifications, user stories, and process flow diagrams. They play a key role in testing new systems and enhancements, designing test cases, coordinating user acceptance testing (UAT), and validating that outputs meet strict financial accuracy standards. Furthermore, they provide ongoing production support, investigating and resolving system-related issues that impact financial data, and acting as a subject matter expert on how IT systems enable the Product Control workflow. They are also frequently involved in strategic projects such as system migrations, regulatory reporting initiatives (like IFRS 9 or FRTB), and platform integrations. To succeed in Product Control IT Business Analyst jobs, a specific blend of skills is required. Candidates typically need a strong foundational understanding of financial products, including derivatives, fixed income, and equities, coupled with knowledge of core Product Control concepts like fair value accounting, reserve calculations, and independent price verification. On the technical side, proficiency in SQL for data querying and analysis is almost universal, alongside experience with business analysis tools and methodologies. Familiarity with related systems such as general ledgers, sub-ledgers, and market data platforms is highly valuable. Beyond hard skills, exceptional communication and stakeholder management abilities are paramount, as these analysts must bridge the gap between technical IT staff and non-technical finance professionals. A relevant degree in Finance, Accounting, Computer Science, or a related field is commonly expected, often supplemented by experience in a financial environment. For those with a passion for finance and technology, Product Control IT Business Analyst jobs offer a challenging and rewarding career path with high visibility and impact. These roles are critical in maintaining the integrity of financial data and enabling transparent reporting, making them indispensable in today's complex and regulated financial markets. If you possess the analytical mindset, technical aptitude, and financial acumen required, exploring opportunities in this niche can lead to a dynamic and future-proof profession.
