Product Control Manager - FICC & Derivatives (Big 4 Welcome)

Randstad Hong Kong; Hong Kong; On-site; HKD 700,000 - 1,000,000; Full time

Job summary

Randstad Hong Kong is seeking a skilled Product Control professional to manage the daily production of profit and loss statements for fixed income and derivatives. The role involves ensuring compliance with internal policies and assisting in new product rollouts.

The ideal candidate will hold a degree in Accounting or Finance, possess a CPA or CFA, and have strong communication skills. Fluency in English, Cantonese, and Mandarin is mandatory, as collaboration with regional teams is essential.

Qualifications

• Minimum 5 years of experience in product control within a commercial/investment bank.
• Strong technical knowledge of fixed income instruments and structured derivatives.
• Fluency in English, Cantonese, and Mandarin required.

Responsibilities

• Manage daily production of profit and loss statements for various products.
• Perform independent price verification and valuation control assessments.
• Analyze trading revenue fluctuations for senior stakeholders.

Skills

Financial markets knowledge

Stakeholder management

Communication skills

Problem-solving approach

Education

Bachelor's degree in Accounting, Finance, or related discipline

CPA or CFA

Job description

About the Company

Our client is a highly prominent, tier-1 Chinese commercial banking group with a massive global footprint and an expansive treasury operation in Hong Kong. Known for their dominant market share in corporate and investment banking, they combine a rich institutional heritage with modern, complex trading activities. They offer a stable, capital-backed, and highly prestigious platform that provides employees with structured career progression and extensive exposure to diverse financial instruments.

About the Team

The Product Control team is a sophisticated, independent finance function that acts as a critical strategic partner to the treasury trading desk, market risk, and executive management. You will join a high-performing group of technical accounting and valuation specialists who thrive in a collaborative, intellectually stimulating environment. The team culture emphasizes precision, proactive risk mitigation, and continuous technical training, making it an ideal environment for professional growth.

About the Job

• Manage the daily production, verification, and attribution of profit and loss (P&L) statements for fixed income, foreign exchange, and derivative products.
• Perform independent price verification (IPV), valuation control assessments, and reserve calculations across the trading portfolio.
• Analyze and explain trading revenue fluctuations to senior business stakeholders, treasury traders, and market risk management teams.
• Ensure all product control and accounting practices comply with internal policies, external statutory regulations, and HKFRS standards.
• Support the implementation of new treasury product rollouts and drive system enhancement projects to automate financial reporting workflows.
• Coordinate with external auditors and regulatory bodies regarding balance sheet valuation methodology and financial control integrity.

Skills & Experiences Required

• Bachelor's degree in Accounting, Finance, Quantitative Finance, or a related discipline.
• CPA, CFA, or equivalent professional financial qualification is highly preferred.
• Minimum 5 years of experience in product control within a commercial/investment bank, or assurance experience within the Big 4 (banking/capital markets audit portfolio).
• Solid technical knowledge of financial markets, fixed income instruments, structured derivatives, and P&L attribution principles.
• Strong communication and stakeholder management skills, with a proactive approach to solving complex financial control issues.
• Fluency in English, Cantonese, and Mandarin is mandatory to effectively collaborate with regional business units and mainland stakeholders.