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Junior Product Controller

Posted 2 months ago

We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we act as an extension of our clients' recruitment team and provide professional interim and temporary resources.

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.

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