Product Controller for Global Clearing business- Associate

0 years

0 Lacs

Posted:21 hours ago| Platform: Foundit logo

Apply

Work Mode

On-site

Job Type

Full Time

Job Description

Join our Global Clearing team within the Global Equities Line of Business at the Corporate & Investment Bank, where you'll help clients clear and settle derivative transactions worldwide. Our business includes Futures & Options, Over the Counter Clearing, Foreign Exchange Prime Brokerage, and Treasury Liquidity Management, and is a leader in regulatory reform, such as mandatory clearing of OTC Derivatives and Basel III rules. With a history of providing Sales, Execution, and Clearing services since 1979, we offer electronic trading access to over 50 exchanges. Our OTC Clearing business plays a crucial role in helping clients navigate new regulations like Dodd/Frank and EMIR. This position offers a unique opportunity to develop expertise in a rapidly evolving industry.

As the Product Controller for the Global Clearing business within the Corporate & Investment Bank, you will focus on PnL and risk reporting for the Clearing desk. You will own daily P&L and month-end close processes, provide detailed financial analysis and reporting, and partner with the business to implement robust controls and new initiatives. This role offers an opportunity to gain expertise in a dynamic area of focus within the bank and markets, especially during a time of significant industry change.

Job Responsibilities:

  • Own daily P&L and month-end close processes for Clearing Desk
  • Provide detailed analysis and reporting on the financials to desk heads, business managers, and senior finance management
  • Partner with the business to drive forth and implement robust controls and new business initiatives
  • Drive coordination across various back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner
  • Serve as an analytical and project support resource for product control
  • Ensure product control is adhering to the CIB product controller standards and actively work to remediate any gaps
  • Compile and distribute MIS to the business such as monthly financials and other ad-hoc requests

Required qualifications, capabilities, and skills

  • Work experience inFinance or Accounting
  • Strong quantitative/analytical skills and attention to detail
  • Excellent Communication and Presentation skills written and verbal
  • Ability to multi-task and execute on a variety of deliverables in a high paced environment
  • Ability to implement and maintain effective controls
  • Self-Motivated and Results Driven and the ability to improve on current processes and drive operational change
  • Proficient in Microsoft Excel, Outlook, and PowerPoint
  • Derivatives experience

Preferred qualifications, capabilities, and skills

  • Alteryx and VBA experience would be an advantage

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

RecommendedJobs for You