VP, US Prime Product Control

Taurus Search; Jacksonville (FL); On-site; USD 230,000 - 320,000; Full time

Job summary

Taurus Search is seeking an experienced Vice President of Prime Finance Product Control to join a leading global investment bank's US Global Markets Finance team. You will oversee daily P&L, balance sheet substantiation, and financial controls for Cash Prime Brokerage, Synthetic Prime Brokerage, Equity Finance, and Delta One, with substantial front-office exposure.

The role requires partnering with trading desks, Treasury, Market Risk, and Operations; leading a team of Product Control

Qualifications

• 10+ years of Product Control experience, ideally within Prime Finance, Equity Finance, or Equity Derivatives.
• Strong understanding of Cash and Synthetic Prime Brokerage, securities financing, total return swaps, portfolio swaps, and/or Delta One products.
• Demonstrated experience managing and developing teams and partnering with senior front-office stakeholders.
• Strong technical knowledge of P&L reporting, financing product valuation, balance sheet management, and financial resource metrics.
• Understanding of Funds Transfer Pricing, RWA, leverage exposure, and funding considerations.
• Familiarity with broker-dealer regulatory requirements and financial reporting is advantageous.
• Experience leading process improvements, automation initiatives, or technology-driven transformations.
• Advanced Excel skills; exposure to SQL, Python, VBA, Alteryx, or Power BI is preferred.
• Bachelor's degree in Finance, Accounting, Economics, or a related discipline; CPA, CFA, or equivalent qualification is a plus.
• Excellent communication skills and the ability to present complex financial information to senior management.

Responsibilities

• Oversee daily and monthly P&L reporting for the US Prime Finance business, including flash-to-actual analysis, reconciliations, balance sheet substantiation, and financial controls.
• Partner closely with trading desks, Treasury, Market Risk, Middle Office, Operations, and Financial Reporting to address valuation, booking, and financial resource matters.
• Provide Product Control oversight across Cash Prime Brokerage, Synthetic Prime Brokerage, Equity Finance, Delta One, and leveraged ETF products.
• Analyze Funds Transfer Pricing (FTP), financing spreads, revenue drivers, margin trends, and financial resource consumption, including RWA, leverage exposure, and balance sheet usage.
• Serve as a key Finance partner to senior Prime Finance leadership, providing actionable analysis to support business decisions.
• Represent Product Control in governance, audit, and regulatory discussions, including oversight of control issues and remediation efforts.
• Support new product initiatives, assessing valuation, accounting, booking models, and balance sheet implications.
• Lead and develop Product Control professionals, promoting a strong control environment and continuous improvement.
• Drive automation, reporting enhancements, and technology transformation initiatives to improve efficiency and scalability.

Skills

Team leadership

Stakeholder management

Financial analysis

Communication skills

Control environment

Education

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

Tools

SQL

Python

VBA

Alteryx

Power BI

Excel

Job description

We are partnering with a leading global investment bank seeking an experienced Vice President of Prime Finance Product Control to join its Global Markets Finance organization. This is a highly visible position supporting the firm's US Prime Finance business, encompassing Cash Prime Brokerage, Synthetic Prime Brokerage, and Equity Finance. The successful candidate will work closely with senior trading and finance leadership, providing oversight of P&L, balance sheet management, financial resources, and the overall control environment. The position offers significant front-office exposure, team leadership responsibilities, and the opportunity to drive strategic process improvements and technology initiatives.

Key Responsibilities:

• Oversee daily and monthly P&L reporting for the US Prime Finance business, including flash-to-actual analysis, reconciliations, balance sheet substantiation, and financial controls.
• Partner closely with trading desks, Treasury, Market Risk, Middle Office, Operations, and Financial Reporting to address valuation, booking, and financial resource matters.
• Provide Product Control oversight across Cash Prime Brokerage, Synthetic Prime Brokerage, Equity Finance, Delta One, and leveraged ETF products.
• Analyze Funds Transfer Pricing (FTP), financing spreads, revenue drivers, margin trends, and financial resource consumption, including RWA, leverage exposure, and balance sheet usage.
• Serve as a key Finance partner to senior Prime Finance leadership, providing actionable analysis to support business decisions.
• Represent Product Control in governance, audit, and regulatory discussions, including oversight of control issues and remediation efforts.
• Support new product initiatives, assessing valuation, accounting, booking models, and balance sheet implications.
• Lead and develop Product Control professionals, promoting a strong control environment and continuous improvement.
• Drive automation, reporting enhancements, and technology transformation initiatives to improve efficiency and scalability.

Qualifications:

• 10+ years of Product Control experience, ideally within Prime Finance, Equity Finance, or Equity Derivatives.
• Strong understanding of Cash and Synthetic Prime Brokerage, securities financing, total return swaps, portfolio swaps, and/or Delta One products.
• Demonstrated experience managing and developing teams and partnering with senior front-office stakeholders.
• Strong technical knowledge of P&L reporting, financing product valuation, balance sheet management, and financial resource metrics.
• Understanding of Funds Transfer Pricing, RWA, leverage exposure, and funding considerations.
• Familiarity with broker-dealer regulatory requirements and financial reporting is advantageous.
• Experience leading process improvements, automation initiatives, or technology-driven transformations.
• Advanced Excel skills; exposure to SQL, Python, VBA, Alteryx, or Power BI is preferred.
• Bachelor's degree in Finance, Accounting, Economics, or a related discipline; CPA, CFA, or equivalent qualification is a plus.
• Excellent communication skills and the ability to present complex financial information to senior management.