Product Control / P&L Valuations, Senior Associate

Schonfeld; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled P&L Specialist to join their dynamic team in London. This role focuses on daily and monthly P&L reporting, reconciliations, and valuations for OTC Derivatives, supporting a discretionary macro and fixed income strategy. The ideal candidate will have extensive experience in valuations and product control, with strong analytical skills and the ability to communicate effectively with stakeholders. Join a collaborative environment that prioritizes talent and fosters a culture of diversity and inclusion, where your contributions will directly impact the firm's success.

Qualifications

• Minimum 7 years in Valuations/Product Control role required.
• Strong knowledge of OTC derivatives and P&L analysis.

Responsibilities

• Oversee pricing and P&L processes, ensuring accuracy.
• Liaise with global departments for T+1 and Monthly P&L reporting.

Skills

OTC Derivatives Valuation

P&L Reporting

Advanced Excel Skills

VBA

Python

Communication Skills

Attention to Detail

Team Player

Education

Bachelor's Degree

Tools

Clarion

Geneva

Bloomberg

Job description

Product Control / P&L Valuations, Senior Associate

London, England, United Kingdom

P&L Valuations, Senior Associate

The Role
We are seeking a highly qualified P&L Specialist to work in our P&L Valuations team in our London office. This team falls under our Accounting department and collaborates closely with groups across the firm including Portfolio Managers, Treasury, COO team, Business Analytics, Fund Accounting, Risk and Operations. This role will be focused on daily and monthly P&L reporting, P&L reconciliations & valuations for OTC Derivatives. The role will be supporting our discretionary macro & fixed income strategy.

What you’ll do

The successful candidate will work closely with the Front Office system (Clarion), the firm’s in-house Geneva system and Fund Administrators to ensure the accuracy of the enterprise P&L at Schonfeld. He/she will be overseeing pricing and P&L processes, setup of new products, and liaising closely with global departments across the firm to ensure accurate T+1 and Monthly P&L reporting. He/she will investigate valuation differences and explain these to stakeholders.

What you’ll bring

• A bachelor's degree with a minimum of 7 years experience in a Valuations/Product Control role
• Strong knowledge of OTC derivatives including valuation and workflow
• Experience in analyzing and reporting on P&L including the Greeks
• Advanced Excel skills
• Strong ownership and a track record of delivering results
• Excellent communication skills and self-confidence to interact with stakeholders
• Ability to handle a high volume of data in a fast-paced environment with strong attention to detail
• Team player, proactive and willing to take on additional responsibility
• Ability to think outside the box; using ingenuity, creativity and inventiveness to approach and solve problems
• Experience working on the buyside
• VBA and/or Python knowledge
• Experience with Bloomberg
• Experience with Geneva

Our Culture

The firm’s ethos is embedded in our people. ‘Talent is our strategy’ is our mantra and drives how we approach all initiatives at the firm. We believe our success is because of our people, so putting our talent above all else is our top priority.

Schonfeld strives to create an environment where our people can thrive. We foster a teamwork-oriented, collaborative environment where ideas at any level are encouraged and shared. The development and advancement of our talent is honed through interactions with each other, learning & educational offerings, and through opportunities to make impactful contributions.

At Schonfeld, we strive to cultivate a sense of belonging throughout all of our employees with Diversity, Equity and Inclusion at the forefront of this mission. As a firm we are committed to creating a hiring process which is not only fair, but also welcoming and supportive. On a daily basis, our employees welcome diversity across identity, thought, people and views which serves as the foundation of our culture and success.

Who we are

Schonfeld Strategic Advisors is a multi-manager platform that invests its capital with Internal and Partner portfolio managers, primarily on an exclusive or semi-exclusive basis, across four trading strategies; quantitative, fundamental equity, tactical trading and discretionary macro & fixed income. We have created a unique structure to provide global portfolio managers with autonomy, flexibility and support to best enable them to maximize the value of their businesses.

Over the last 30 years, Schonfeld has successfully capitalized on inefficiencies and opportunities within the markets. We have developed and invested heavily in proprietary technology, infrastructure and risk analytics and continue to capitalize on new opportunities. In 2021 we launched our newest strategy, discretionary macro & fixed income as part of the continual growth of Schonfeld’s investible universe.