AVP Product Control

CFA Institute; Greater London; Hybrid; GBP 90,000 - 110,000; Full time

Job summary

A leading financial services firm in London seeks an AVP - Product Control to manage daily P&L production and ensure financial integrity. This role involves engaging with various teams, performing analyses, and contributing to financial transformation projects. The ideal candidate has over 2 years of experience in Product Control, strong analytical skills, and proficiency in Excel. A competitive salary of £90,000-£110,000 plus benefits like private healthcare and professional development opportunities is offered.

Benefits

Private healthcare scheme

Matched pension scheme

25 days' annual leave plus bank holidays

Sponsored learning and professional development support

Qualifications

• Minimum 2 years of experience in Product Control.
• Confident with balance sheet substantiation.
• Skilled communicator with Front Office, Risk, Legal, and Operations.

Responsibilities

• Perform daily P&L production across multiple asset classes.
• Investigate and resolve P&L discrepancies.
• Build out and run the daily FOBO process.

Skills

Product Control experience in Equities, Commodities, FX, Crypto or Fund Derivatives

Strong understanding of investment banking products

Analytical mindset

Advanced Excel

Education

Qualified or part qualified accountant (ACA, CIMA, CFA, ACCA)

Tools

Python

SQL

Alteryx

Job description

AVP Product Control - Leading Financial Services Business - London - £90,000 - £110,000

We are partnering confidentially with a global financial services firm to recruit an AVP - Product Control. This is a high impact role supporting daily P&L production, financial controls, and reporting integrity across a diverse range of asset classes including Equities, Commodities, FX, Crypto and Fund Derivatives.

You will sit within a high performing Product Control function, working closely with Front Office, Risk, Operations, and senior Finance leadership. The role also offers the opportunity to contribute to broader finance transformation and process improvement initiatives as the organisation continues to evolve.

Opportunity

• Role: AVP - Product Control
• Location: London
• Salary: £90,000 - £110,000
• Working model: Hybrid (3 days in office per week)

About the Organisation

Our client is a dynamic and fast growing financial services firm, recognised for its strong market access, technology led approach and wide international client base. They offer bespoke financial products, and are well regarded within the market.

The Finance team plays a critical role in ensuring accurate fair value reporting, P&L oversight, and robust financial controls across all trading activities. As the business continues expanding its product set and building out its infrastructure, this role offers genuine visibility with senior decision makers.

Key Responsibilities

• Perform daily P&L production across multiple asset classes, preparing results, analysing risk based drivers, and communicating findings to traders.
• Investigate and resolve P&L discrepancies, challenging significant movements where appropriate.
• Produce P&L proforma information and provide clear, well supported commentary.
• Conduct detailed analysis of funding, sales credits, and risk based P&L (including Greeks).
• Calculate and review fair value adjustments (CVA, DVA, Bid/Offer).
• Build out and run the daily FOBO process, ensuring trades and cash flows are accurately represented in the firm's books and records.
• Work closely with Operations and Trading to understand the end to end control environment, identifying weaknesses and collaborating on solutions across balance sheet, P&L, sales credits, and disclosure reporting.
• Contribute to the development of P&L processes for new and evolving business lines, including structured and solutions products.
• Work with stakeholders to assess risks, document gaps, and design automated solutions where possible.
• Support product initiatives as the firm expands into new markets, systems, and asset classes.
• Play a key role in finance transformation projects, identifying opportunities to improve efficiency, control, and reporting quality.
• Partner with Finance, Risk, Legal, and Compliance to ensure alignment with control frameworks, policies, and regulatory expectations.
• Ensure full adherence to operational risk requirements, escalating risk events promptly.
• Maintain accurate documentation and contribute to audit, assurance, and regulatory engagements as required.

Your Profile

• Strong Product Control experience (2+ years) in Equities, Commodities, FX, Crypto or Fund Derivatives.
• Qualified or part qualified accountant (ACA, CIMA, CFA, ACCA).
• Strong understanding of investment banking products, valuation concepts, risk sensitivities, and product accounting.
• Confident with balance sheet substantiation and key financial control processes.
• Analytical mindset with the ability to interpret and challenge large data sets.
• Skilled communicator, able to liaise effectively with Front Office, Risk, Legal, and Operations.
• Resilient, collaborative, and capable of thriving in a fast paced environment.
• Advanced Excel essential; Python, SQL, or Alteryx experience beneficial but not essential.

What's on Offer

• Competitive salary £90,000-£110,000 + discretionary bonus.
• Private healthcare scheme.
• Matched pension scheme.
• Group Life Assurance and Group Income Protection.
• 25 days' annual leave plus bank holidays.
• Season ticket loan and Cycle to Work scheme.
• Sponsored learning and professional development support.
• Family friendly policies including enhanced parental leave.