Global Markets Product Control Lead — AI & Process

Commonwealth Bank of Australia; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

Commonwealth Bank of Australia is seeking a Product Control Manager to oversee daily P&L production and month-end close across its Global Markets footprint in London, Amsterdam and New York. The role focuses on independent financial control, risk reporting and process improvement using AI-enabled analytics.

Ideal candidates are accounting-qualified with 4–7 years in product control within Financial Markets, and strong Excel, SQL and derivative pricing knowledge.

Qualifications

• Bring extensive product control experience within a Financial Markets environment.
• Understand derivative valuations, pricing techniques and P&L decomposition reporting.
• Apply AI tools to enhance productivity and insight.
• Have a demonstrated track record in process improvement and change management.
• Communicate and elevate results and issues clearly and succinctly.

Responsibilities

• Shape the independent financial control and P&L integrity of a global Financial Markets business.
• Bring your product control expertise to a globally connected team where your ideas drive real change.
• Deliver the insight that underpins confident, well-informed trading and risk decisions.
• Prepare and validate daily P&L, including detailed analysis, attribution and explanation of key movements.
• Perform month-end accounting, balance sheet validation and General Ledger reconciliations, ensuring completeness, accuracy and integrity.
• Produce daily risk reporting covering new transactions, referrals and significant P&L movements.
• Investigate and resolve front-to-back reconciliation breaks, escalating material issues where appropriate.
• Prepare clear daily and monthly P&L commentary and present results to desk and branch heads.
• Support Capital Structuring activities for London and Amsterdam, including month-end close, analysis of performance drivers and business partnering with relevant stakeholders
• Compile, maintain and enhance Standard Operating Procedures across Product Control processes and controls.
• Identify and implement productivity and process-improvement initiatives, including applying AI tools to enhance analysis and decision-making.

Skills

FX & Rates Knowledge

Derivative Valuations & P&L

AI Tools for productivity

Change Management

Education

ACCA/CIMA/ACA or equivalent

Tools

SQL

Database familiarity

Excel

Job description

Commonwealth Bank of Australia is seeking a Product Control Manager to oversee daily P&L production and month-end close across its Global Markets footprint in London, Amsterdam and New York. The role focuses on independent financial control, risk reporting and process improvement using AI-enabled analytics.

Ideal candidates are accounting-qualified with 4–7 years in product control within Financial Markets, and strong Excel, SQL and derivative pricing knowledge.