Associate Director, Product Control – Risk Management Group (London) Job at Brewin Dolphin (London)

Job Description

What is the opportunity? We are offering an exciting opportunity to join our London Product Control team, where you will play a key role in providing financial reporting and support to the Front Office desk (Risk Management Group). This desk is responsible for funding/collateral related valuation adjustments for derivative trades. If you are looking for a challenging and rewarding role in a fast-paced environment, this position provides an excellent platform to develop your expertise and make a meaningful impact within the organisation. Should you be shortlisted, do please let us know if you have any specific requirements for the interview. This is a permanent, full-time role and requires 4 days in the office at our 10 Fenchurch Avenue, London Office.

Job Responsibility

Daily supervision of reporting by members of the team, and daily production of daily desk P&L including commentaries
To provide an effective link between Front Office (FO), & Financial Control, requiring detailed product knowledge, so that any disagreements in daily P+L are resolved on a timely basis & ultimate P+L agreement with FO is achieved, evidenced & logged
To ensure integrity of the banks books & records via reconciliation and attestation
To assist with higher level month end reporting tasks
to include creation and review of adjustments, ledger reconciliations and attestation and the production of adequate audit trail
To provide key leadership and input into designing, testing and delivering the major infrastructural changes for this business. Involvement in key change management projects to deliver improvements to our daily processes
Ensuring adequate documentation exists to support existing processes, enabling effective X-training and cover
Reporting of consolidated results to senior management including appropriate valuation adjustments
To assess areas of procedural and control weakness with a view to implement solutions through a combination of re-design, procedural improvement and technology advancements
Facilitate adherence to and substantiation of the Regulatory and Audit requirements within Capital Markets

Requirements

Demonstrable and relevant Product Control experience (ideally in Interest Rate Derivatives products) gained within a banking/trading environment
Required recognised Accounting qualification expected, but exceptional candidates may qualify with relevant experience
Strong product accounting skills with solid awareness of management and HO accounting processes and financial, statutory and regulatory reporting issues
Strong intellect, energetic and self-motivating, a people manager with a team player ethos, innovative, capable of multi-tasking, tactful, reliable
Creates solutions which are well designed and logical
have near optimum efficiency/levels of automation, with a keen focus on quality and timely delivery
Excellent communication skills especially with Front Office members
Assumes high level of responsibility whilst communicating key issues upwards and downwards when required
Capable of working within tight deadlines & under severe time pressure. Strong ability to convert theory into practice
Excellent numerical skills with the ability to problem solve in a logical manner
Able to identify areas of procedural and control weakness and to design robust and automated solutions that dovetail neatly into fully reconciled B/S

Nice to have

Good awareness of derivative valuation adjustments particularly on CSA discounting
Familiarity with Trade booking systems such as Murex
Strong knowledge of "Greeks" based decomposition

What we offer

A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
A world-class training program in financial services

Brewin Dolphin - All Job Offers

Select Country

Associate Director, Product Control – Risk Management Group (London)

Job Description

Job Responsibility

Requirements

Nice to have

What we offer

Looking for more opportunities?

Associate Director, Product Control – Risk Management Group (London)

Account Executive

Manager, People Operations

Office Services Coordinator

Enterprise Applications Developer

Senior SaaS Engineer

Application Developer L3 – Identity & Access Management (IAM)

Database & GIS Specialist

Legacy Migration Modernization Lead

Our AI answers in your language