Product Control, VP

A leading international financial institution is seeking a VP, Product Control to join their London-based Finance department. This is an exceptional opportunity for you to play a pivotal role in the financial controls of Sales & Trading businesses, supporting a wide range of desks including Debt Capital Markets, Equity Capital Markets, Fixed Income trading, and more. You will be at heart of daily P&L reporting and Balance Sheet controls, acting as the principal point of contact for Front Office traders.

The organisation offers a dynamic and supportive environment where your expertise will be valued and your career growth actively encouraged. With a strong commitment to diversity, inclusion, and employee well-being, you will benefit from hybrid and flexible working arrangements, competitive paid leave, private medical insurance, and access to extensive learning and development resources. If you are passionate about driving process improvements and enhancing control frameworks within a collaborative team, this is the perfect next step in your career.

As Vice President, Product Control, you will be responsible for overseeing critical financial control activities that underpin the integrity of the organisation’s trading operations. Your day‑to‑day work will involve producing accurate daily P&L reports for various securities desks, ensuring that all revenue balances are reconciled with management information systems. You will also provide essential backup coverage for complex derivative trades while enhancing independent price verification processes.

By investigating discrepancies and driving process improvements, you will help strengthen the overall control environment. Your expertise will be called upon to substantiate balance sheet entries and participate in transformative projects aimed at optimising finance operations. Success in this role requires close collaboration with both Front Office traders and infrastructure teams, as well as a commitment to sharing knowledge within your team.

• Deliver daily profit and loss reporting for all products and services across securities product desks with accuracy and insightful commentary.
• Provide backup cover for daily P&L reporting on derivative trades with particular focus on IRS, CCS, and RPI transactions.
• Produce daily XVA reports while continuously enhancing the independent price verification process to ensure robust controls.
• Investigate root causes of issues identified in core activities by collaborating with stakeholders to resolve them efficiently.
• Drive enhancements to the control framework by identifying opportunities for process automation and change management initiatives.
• Substantiate general ledger balances on the balance sheet through detailed analysis and reconciliation procedures.
• Ensure that general ledger revenue balances align with management reports and daily revenue statements by providing clear explanations.
• Develop subject‑matter expertise to contribute effectively to bank‑wide transformation initiatives focused on finance operations.
• Collaborate closely with Front Office teams as well as infrastructure groups to maintain transparency in financial reporting processes.
• Support other team members by coaching and sharing knowledge to foster a collaborative work environment.

To excel as Vice President, Product Control you will bring substantial experience from similar roles within investment banking or capital markets settings. Your background should include deep familiarity with securities products’ life cycles, from bonds to equities, and an ability to navigate complex accounting entries associated with these instruments. You will have developed an acute awareness of market risks as well as the nuances between different accounting standards such as IFRS or GAAP.

Your analytical skills enable you to understand intricate finance operating models while your technical proficiency covers valuation adjustments like CVA/DVA/FVA. Beyond technical expertise, your interpersonal strengths shine through when communicating complex topics clearly or mentoring colleagues in a supportive manner. A controls‑first approach…