Product Controllers

Goldman Sachs Bank AG; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Employee assistance

Job summary

Goldman Sachs in London seeks an associate-level Product Controller to join the London Product Control team. You will become an expert in valuation, P&L attribution, and disclosure implications for trading positions.

The role focuses on reporting, balance sheet analysis, and preparing external disclosures in coordination with the financial reporting team. It requires strong accounting knowledge and proactive, team-oriented collaboration.

Qualifications

• CA/CFA/CMA qualification and professional designation.
• Strong knowledge of US GAAP & IFRS is a plus.
• Excellent communication and analytical abilities.
• Proactive and team-oriented with sound judgment.

Responsibilities

• Perform daily, weekly, monthly, and quarterly profit and loss analyses for the trading business.
• Perform ongoing price verification procedures to ensure appropriate valuation of firm inventory.
• Assess new trades for valuation, accounting treatment, and disclosure in the financial statements.
• Become proficient in capital requirements impactful to the trading business.
• Analyze and report the balance sheet and funding sources of the trading business.
• Produce financial statements and/or relevant disclosures for the trading business.
• Work with the financial reporting team in preparation of key external reports such as earnings release and 10Q/ 10K disclosures

Skills

Accounting knowledge

Communication

Analytical skills

Attention to detail

MS Office

Education

CA/CFA/CMA

Tools

Excel

PowerPoint

Job description

CONTROLLERS

Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated, and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets.

OUR IMPACT

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. We commit people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Our people are our greatest asset – we say it often and with good reason. It is only with the determination and dedication of our people that we can serve our clients, generate long-term value for our shareholders and contribute to the broader public. We take pride in supporting each colleague both professionally and personally. From collaborative workspaces and ergonomic services to wellbeing and resilience offerings, we offer our people the flexibility and support they need to reach their goals in and outside the office.

Controllers ensure that the Firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. Controllers also ensure that the Firm's activities are conducted in compliance with the regulations governing transactions in the financial markets. Our Product Control Team reports key financial data including P&L, balance sheet and price verification. This team works closely with business leaders of the FICC and Equities businesses.

YOUR IMPACT

Product Controllers become experts in their business and assess valuation, profit and loss attribution, and disclosure implications of the business' positions and trades. We are seeking an associate level hire to join the London Product Control team.

RESPONSIBILITIES

• Perform daily, weekly, monthly, and quarterly profit and loss analyses for the trading business
• Perform ongoing price verification procedures to ensure appropriate valuation of firm inventory
• Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements
• Become proficient in capital requirements impactful to the trading business
• Analyze and report the balance sheet and funding sources of the trading business
• Produce financial statements and/or relevant disclosures for the trading business
• Work with the financial reporting team in preparation of key external reports such as earnings release and 10Q/ 10K disclosures

REQUIREMENTS

• Qualified CA /CFA/CMA
• Basic industry knowledge and strong accounting knowledge. - Knowledge of US GAAP & IFRS is a plus.
• Strong communication and interpersonal skills
• Strong analytical skills
• Accurate and detail-oriented with sound judgment and integrity
• Strong knowledge of Microsoft Office products, tools and utilities for business use
• Candidate must be proactive, enthusiastic and team oriented
• Ability to prioritize and make decisions in a fast-paced environment
• Accuracy and attention to detail

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

Please note that our firm has adopted a COVID-19 vaccination requirement for employees who work onsite at any of our U.S. locations to safeguard the health and well-being of all our employees and others who enter our U.S. offices. This role requires the employee to be able to work on-site. As a condition of employment, employees working on-site at any of our U.S. locations are required to be fully vaccinated for COVID-19, and to have either had COVID-19 or received a booster dose if eligible under Centers for Disease Prevention and Control (CDC) guidance, unless prohibited by applicable federal, state, or local law.

Healthcare & Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.

Financial Wellness & Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).

Child Care & Family Care

We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class-leading benefits our firm has to offer.