Product Control Analyst Job Description
Product control analyst
provides insight and analysis of global gas markets while demonstrating keen awareness of domestic and international commodity markets.
Product Control Analyst Duties & Responsibilities
To write an effective product control analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included product control analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Product risk management including credit limit monitoring, exception management, and regular / ad hoc risk exposure reporting
Counterparty risk management including sourcing, managing, and taking ownership of information integrity by understanding risk metrics and thresholds
Daily revenue reporting of estimate and actual P&L for all ACCE desks
Provide daily volume reporting and commentary to senior management
Produce management reports as required by global business management and sales teams
Monthly P&L sign-off from front office
Legal entity P&L reporting
Maintaining accurate accruals vs
IBT / NII calculations / review
Partnering with financial control on general ledger related issues
Product Control Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Product Control Analyst
List any licenses or certifications required by the position: MBA, GLAO, P&L, IIBA
Education for Product Control Analyst
Typically a job would require a certain level of education.
Employers hiring for the product control analyst job most commonly would prefer for their future employee to have a relevant degree such as University and Collage Degree in Finance, Accounting, Economics, Finance/Accounting, Mathematics, Business, Engineering, Computer Science, Math, Business/Management
Skills for Product Control Analyst
Desired skills for product control analyst include:
Commodity settlements
AESO
CAISO
ERCOT
IESO power markets
Northeast gas and power markets
Banking products
Desktop applications
Financial products and market awareness
Front to back Deal Life cycle
Desired experience for product control analyst includes:
Look to improve processes and be an active participant in new initiatives / projects
Understanding of balance sheet and capital
Learn the infrastructure and trade flow
Perform business analysis on PC reporting solution to identify and address functionality gaps
Facilitate User Acceptance Testing (UAT) for PC / PC Change and analyze defects in collaboration with IT teams
Conduct working group meetings with PC / PC Change, IT teams and other project teams
Product Control Analyst Examples
1
Product Control Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of product control analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product control analyst
- Manage the global end of day consolidation and reporting of the PL, including commentary to senior management
- Balance sheet and regulatory analysis, month end closing process and quarterly/annual disclosure reporting
- Partner with Price Verification team in the review of the interpolation of bond curves and associated DVA deviations
- Interact with the trading desks, middle office, product controllers and risk management will be necessary to resolve issues including but not limited to trade booking issues (related to front office automation projects), discrepancies/anomalies with respect to our structured notes population, and understanding of calculated DVA
- Perform ad hoc projects including system development, redesigning and streamlining daily and monthly processes
- Prepare monthly Standards of Documentation audit package
- Assist with the Quarterly and Year End reporting
- Assist with Denied Loss trade reconciliations
- Identify opportunities proactively to streamline processes and improve productivity and analysis of the daily, monthly and quarterly reporting
- Assist with various departmental initiatives as required
Qualifications for product control analyst
- 2-5+ years of experience in finance, accounting, or risk
- Experience with credit products, derivatives, rates
- Experience with product control
- 2-4 years product control, public accounting, or legal entity experience
- Previous experience with Daily Profit & Loss, GAAP, General Ledger, and Trend / Variance Analysis
- Work with their Manager to resolve highly complex, multi-faceted challenges confronted by Product Control with a focus on process improvements through the application of technical and financial skills
2
Product Control Analyst Job Description
Job Description Example
Our company is looking to fill the role of product control analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for product control analyst
- Prepare month-end ledger reconciliations between general ledger and relevant upstream/related systems
- Respond to queries from the trading desk and other business support partners relating to trading revenue and balance sheet
- Liaise with other departmental areas
- Perform independent price verification
- Calculate portfolio valuation adjustments and reserves
- Help strengthen the internal control environment via process enhancement and automation
- Work on ad hoc requests, troubleshoot issues and cover other team members
- Act as financial advisor to the business and other support partners
- Responsible for reporting on the price verification results of positions held in the portfolios – including, but not limited to interest rate swaps, variance swaps, inflation linked interest rate products, credit default swaps, total return swaps on emerging market debt, securities (equities, MBS, ABS, emerging market debt, corporate bonds, investment grade bonds, high yield bonds, government bonds)
- Assist in the development and reporting of a valuation and price verification framework for derivatives and securities
Qualifications for product control analyst
- Additional degree in profession courses CFA/CPA/CA
- Strong analytic skills proactive attitude in problem solving
- Knowledge of financial products (market) is preferred
- Identifying risks with respect to booking methodology deficiencies discrepancies with the trade documentation
- A second line defense function within Product Control
- This role will be part of a team of 5 people in Product Control Central Mangement
3
Product Control Analyst Job Description
Job Description Example
Our company is searching for experienced candidates for the position of product control analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for product control analyst
- Produce and share commentary around significant account P&L and performance with portfolio managers and senior management
- Report on performance across a variety of GSAM strategies to senior management fund board of directors
- Work with Technology to add functionality/enhance the suite of proprietary systems used for performance calculations
- Maintain and improve control procedures around the performance review process and related management reporting
- Produce and report daily attribution for various FIC desks
- Analyze the positions and the Profit & Loss based on a thorough understanding of the desk’s objectives
- Provide daily commentary on new deals and large market movements
- Work closely with the desk on multiple projects
- Additionally, the team is also responsible for the month end accounting close process, which entails a monthly Profit & Loss reconciliation between (FO) results and accounting, monthly accounting entries posting to the General Ledger and a variety of monthly Profit & Loss / Balance Sheet reports, KPI’s required by management
- Assist in daily market risk analysis and reporting for activities, including generation of daily operational limit reports and analysis of VaR, Stress and other market risk exposures
Qualifications for product control analyst
- At least 3 years relevant experience gained through working in financial institutions or providing advisory services
- Is driven, flexible and inquisitive
- Regional and global reporting experience preferred
- System/project implementation experience preferred
- Strong computer skills and Oracle/SAP experiences are preferred
- Robust, confident and able to deal with demanding client
4
Product Control Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a product control analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for product control analyst
- Prepare position reports to facilitate risk monitoring and to substantiate profit and loss results
- Review of Model Manager Trades in managed accounts where JPMS is the discretionary manager
- Own process for monitoring Best Execution for managed accounts
- Daily PL report production
- Daily PL analysis (both PL revaluation approach and PL Sensitivity approach)
- Daily commentary on significant PL movement
- Monitoring of Off Market Rate transaction
- Stale rates monitoring
- Streamline workflow to enhance operational efficiency within the team to achieve tighter delivery timeline
- Trained to handle ad-hoc queries from Front Office / Group Risk/ TMO / Finance
Qualifications for product control analyst
- Defining existing architecture and the representation of it in terms of logical, application, integration, data and infrastructure
- Chartered Accountant with at least 3+ years of post qualification experience
- Willingness to work in 2PM to 11PM shift in Bangalore
- Professional accounting qualification is a preference
- Analyst with approx
- Either a Qualified accountant - ACA, CPA, CIMA or equivalent would be preferable
5
Product Control Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a product control analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for product control analyst
- Daily review and escalation of alerts related to Program Parameters & Rules for the Advisory Programs
- Interacts with FAs and Branch Supervisors providing details related to identified alerts
- Develops monthly MI reports related to Guideline Monitoring activity
- Engages with Advisory Program Managers, Operations and Advisory Compliance to resolve events regarding Program Parameters, Account Surveillance, and Compliance Policies
- Assists with the design of the oversight and control framework for the firm’s advisory programs
- Assists with the development of relevant surveillance and supervisory programs
- Assists in procedure design and implementation
- Provides independent oversight and assessment of the product risk
- Enhances team’s ability to identify, measure, report and mitigate risks
- Partner with firm leadership to ensure the risk profile of the business is understood and actions / responses to changes in profile relative to the firm’s appetite are appropriate
Qualifications for product control analyst
- Advanced skills with all PC-Based tools including MS Office
- Have strong partnership skills, congenial personality and intellectual curiosity
- Minimum of 2 – 4 years experience in investment product management and/or a control-related position with consistent exposure to regulations, policies, procedures, client agreements, and other control-related items within wealth management
- Knowledge/background of control functions (Legal or Compliance background preferred)
- Basic Qualifications – Graduation
- This an analyst role as a line Product controller for Equity asset class