Role Summary:

In this role, the individual will be the main point of contact for the client on all things related to understanding their trading profit & loss and how their valuations have been sourced. The Product Control function within HFS is responsible for valuation, daily and monthly P&L reporting, end of month pricing substantiation and end of day positional risk reporting.  In addition, the Product Controller will work with internal partner areas to ensure all required processes have been performed to verify the valuation accuracy of the client’s portfolio.   

Major Duties:

• Managing the daily P&L process for one or more client trading desks
• Daily review of Quality Control checks
• Working with trading desk(s) on P&L differences/inquiries
• Working with offshore Product Control Team (India) on QC process
• Delivering a final daily (and month-end) P&L statement to the client
• Understanding and explaining the key drivers behind the P&L movements
• Preparing/Managing monthly (or more frequently as required) price verification process and associated reporting
• Updating and maintaining pricing policy for each financial type that is included in the consultant’s P&L reporting
• Ad/hoc projects to meet and enhance client deliverables

Knowledge / Skills:

• Knowledge of cash and derivative products across various markets
• Knowledge of pricing and valuation
• Knowledge of profit and loss reporting and related attribution analysis
• Proficient in Excel and able to analyze large data sets quickly; VBA/macro skills preferred
• Detail oriented with sense of ownership of his/her work

Experience:

• 0-3+ years relevant industry experience minimum
• Client service experience
• Undergraduate degree in Finance/Accounting is preferable

About Company:

Company provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With 130 years of financial experience and nearly 20,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. 

Working with Us:

As a Company partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!                

We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why Forbes ranked us the top employer for Diversity in 2018. 

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and ethical companies. Build your career with us and apply today.

Summary:  

Founded in Chicago in 1889, Company is one of the world’s leading financial institutions. We specialize in providing asset servicing solutions and asset management to both institutional and personal clients. The delivery of products and services to this client base is supported through a network of offices around the globe.

Company Hedge Fund Services offers world-class, scalable technology and dedicated expertise to serve hedge funds and large institutional investors with complex portfolios and product types. The business provides comprehensive middle office and administration services, including trade processing, asset servicing, valuation and profit and loss reporting, cash and collateral management, reconciliations, accounting and NAV calculations and investor servicing and reporting.