Product Controller - Brokerage

Michael Page; London; Hybrid; GBP 100,000 - 130,000; Full time

Job summary

An established industry player is seeking a Qualified Product Controller to join their dynamic team in London. This role is pivotal in bridging finance and trading, focusing on daily P&L analysis and financial reporting. The ideal candidate will possess a professional qualification such as ACA, ACCA, or CIMA, and have experience in banking or brokerage. This exciting opportunity offers a hybrid working model and a competitive salary, making it perfect for those looking to thrive in a fast-paced financial environment. Join a firm that values integrity and professionalism while contributing to impactful finance projects.

Qualifications

• Qualified ACA/ACCA/CIMA with banking or brokerage experience.
• Strong communication skills and ability to engage with various stakeholders.

Responsibilities

• Conduct daily P&L analysis and ensure accurate financial reporting.
• Collaborate with Risk and Valuations teams for financial adjustments.

Skills

P&L Analysis

Financial Reporting

Stakeholder Engagement

Regulatory Compliance

Process Improvement

Education

ACA

ACCA

CIMA

Tools

Python

SQL

Alteryx

Job description

Michael Page is recruiting for a dynamic and fast-growing Broker based in the City of London, seeking a Qualified Product Controller to join their London-based team due to continued expansion. The role is central to the business, bridging traders and finance, with a focus on daily P&L analysis across various trading desks.

Client Details

Our client is a global Financial Services firm operating as both a Broker and Investor, with a strong international presence. Following significant growth and a recent IPO, they are expanding their team and hiring a Product Controller to serve as a link between Finance and Trading, focusing on daily P&L. This opportunity is ideal for a qualified ACA/ACCA/CIMA candidate with banking or brokerage experience to join a fast-paced, reputable firm with exposure to a broad range of asset classes.

Description

As a Product Controller, your key responsibilities will include:

1. Carrying out daily P&L analysis and ensuring accurate financial reporting to front office and management.
2. Partnering with Risk and Valuations teams to validate and apply financial adjustments (e.g., credit, funding, bid/offer).
3. Delivering monthly profitability analysis, including cost tracking and performance commentary.
4. Collaborating with legal entity controllers to provide insights into the impact of structured products across entities.
5. Ensuring manual accounting entries for complex products are processed accurately at month-end.
6. Reconciling and validating the business unit's balance sheet monthly.
7. Resolving trade and position discrepancies in coordination with control and support teams, and suggesting process improvements.
8. Contributing to finance projects, especially around process improvements and system integration.
9. Supporting development of trade flow connectivity between front office and finance systems.
10. Upholding adherence to regulatory frameworks and internal controls.
11. Acting as a champion of integrity, professionalism, and core values.
12. Reporting policy breaches or operational risks and participating in risk management.

Profile

• Professional qualification such as ACA, ACCA, CIMA, or equivalent.
• Strong communication skills, confident in engaging with stakeholders across departments including front office, risk, operations, legal, and finance.
• Familiarity with programming tools like Python, SQL, or Alteryx is desirable but not mandatory.
• Adaptable and composed in fast-paced, demanding environments.
• Strategic, forward-thinking collaborator who anticipates issues and supports seamless operations.

Job Offer

This is an immediately available role with a 6-month fixed contract, offering up to £130,000 salary depending on experience. The position features a hybrid working model, full-time hours, and is based in the City of London within the Financial Services industry.