Product Control Associate: P&L, Trade Analysis & Controls

ING Group; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking an Associate for its Product Control department. This role plays a critical part in daily P&L reporting, balance sheet substantiation, and providing insights into trading products' valuations. The ideal candidate has a Bachelor’s/Master’s degree and 3-5 years of experience in Financial Control or Risk Management with strong analytical and communication skills.

Qualifications

• Minimally 3-5 years of experience in Financial Control, Product Control or Risk Management.
• Good understanding of linear derivatives, credit trading and/or financing products.
• Strong understanding of P&L statements and balance sheets.
• Foundational understanding of process flows of products from trading systems to the ledger.

Responsibilities

• Prepare and validate timely, daily P&L reports, ensuring completeness and accuracy.
• Analyze and explain daily and monthly P&L movements and provide commentary on key drivers.
• Reconcile and report Front Office to General Ledger P&L.
• Investigate trade bookings to ensure accuracy for valuation and cash.
• Ensure P&L, Position, Trade issues are rectified or escalated.
• Assist in desk-related activities including reconciliations and calculations.
• Prepare agenda inputs for Independent Price Verification and final P&L reporting.
• Perform the Fair Value Hierarchy assessment.

Skills

Financial Control

Product Control

Risk Management

Analytical Skills

Communication Skills

VBA Knowledge

SQL Knowledge

Python Knowledge

Education

Bachelor’s/Master’s degree in finance, accountancy, or related fields

Job description

A leading financial institution in Singapore is seeking an Associate for its Product Control department. This role plays a critical part in daily P&L reporting, balance sheet substantiation, and providing insights into trading products' valuations. The ideal candidate has a Bachelor’s/Master’s degree and 3-5 years of experience in Financial Control or Risk Management with strong analytical and communication skills.