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VP - Municipal Product Control

Job in New York, New York County, New York, 10261, USA
Listing for: Madison-Davis, LLC
Full Time position
Listed on 2026-09-25
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Manager
Salary/Wage Range or Industry Benchmark: 110000 - 150000 USD Yearly USD 110000.00 150000.00 YEAR
Job Description & How to Apply Below
Location: New York

The Municipal and Structured Finance Product Controller ensures accurate profit and loss (P&L) reporting and balance sheet validation for the Municipal Fixed Income trading desks. This position acts as the primary control partner to Front Office trading, Risk Management, and Financial Accounting.

  • Work closely with front office personnel in producing daily, weekly, and monthly P&L results and analysis.
  • Investigate and resolve P&L discrepancies arising from incorrect booking of trades, missing deals, system errors, or valuation issues.
  • Liaison with various areas within the firm (e.g., Front Office, Operations, Technology, Middle Office, and Market Risk)
  • Continue developing and improving the Internal Control environment through critical evaluation of current controls and processes and utilization of best practice.
  • Complete the month end closing process for balance sheet reconciliation and substantiation.
  • Ad hoc requests from the desk
  • Drive process and system improvements through participation in various project initiatives.
  • Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements.
Job Requirements:

MUST HAVE MUNICIPAL SECURITIES - BONDS

Qualifications:

5+ years of Product Control experience –Experience with Municipals securities required.

Deep product knowledge of municipal bonds, structured municipal finance, and tax-exempt markets.

Strong understanding of accounting principles including Available for Sale (AFS)

High attention to detail

Adaptive person and collaborator

Strong analytic and critical thinking skills

Strong interpersonal and communication skills; the ability to clearly articulate ideas

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