Product Control Director

A global banking institution is seeking a senior finance leader to join its Markets Product Control team supporting complex fixed income and derivatives trading activities. This role partners directly with trading and risk leadership to oversee daily P&L integrity, valuation governance, and regulatory reporting across interest rate derivatives and valuation adjustment (xVA) portfolios.

This is a high-impact position focused on strengthening the control environment across the full trade lifecycle while contributing to automation and finance transformation initiatives.

Responsibilities

• Lead daily P&L validation, attribution, and reporting across rates derivatives and valuation adjustment portfolios
• Oversee and enhance independent price verification and valuation control frameworks
• Partner with front office, risk, and accounting teams to review complex trades, reserves, and ad hoc valuation matters
• Strengthen spreadsheet governance (EUC controls) and drive automation of reporting processes
• Support regulatory reporting requirements, including Volcker-related reporting
• Document policies, procedures, and control standards across the product control function
• Contribute to finance transformation and infrastructure modernization efforts
• Mentor junior team members and promote best-in-class control practices

Qualifications

• 8–12+ years of experience in Product Control, Markets Finance, Capital Markets Audit, or Valuations Advisory
• Direct experience covering derivatives and fixed income products (rates and/or xVA strongly preferred)
• Exposure to regulatory reporting requirements, including Volcker
• Strong understanding of trade lifecycle controls and valuation governance within capital markets
• Knowledge of derivatives accounting under US GAAP
• Advanced Excel skills and experience managing controlled spreadsheet environments
• Bachelor’s degree in Accounting or Finance; CPA, CFA, or FRM preferred
• Proven ability to operate in a fast-paced, front-office-aligned environment