Leading global investment banking group with large Hong Kong presence is looking to hire experienced Product Controller to lead a team within their Interest Rate Derivatives business. The role will look after regional desks mainly covering but not limited to Vanilla Swap, Swaption, Cap/Floor, Forward.
PRINCIPAL ACCOUNTABILITIES
To manage a Product Control team of Rates and Structured Rates with a focus on P&L, Valuation, Reserves and Projects.
Pro-actively work to improve the process and control environment of the team.
Responsible for reviewing the daily and month end works and involves in tasks/projects associated with product controlling Rates and Structured Rates. This would typically includes and is not limited to:
Review/Participate in daily P&L and commentaries in an accurate and timely manner.
Review/Participate in Monthly Fair Value Adjustment in an accurate and timely manner.
Involve in User Acceptance Test for new systems/pricing models and implementation testing.
Review model parameters.
Review New Product Due Diligence and provide comprehensive recommendation and signoff.
Provide support to Front Office and other Control Functions.
Involve in reporting.
Provide support to the team.
Ad hoc tasks, e.g. projects.
WORKING EXPERIENCE
University Degree with a strong numerical and quantitative background.
Minimum of 7 years experience in Product Control environment in bank or financial institution. Prior experience with Interest Rates Derivatives products is a must.
Experience in Interest Rates modelling
Strong understanding of valuation / product control to facilitate new product due diligence.
Solid Experience in project management, e.g. UAT
Excellent communication skills including English and Chinese.
Team player with ability to interact with personnel at all levels.
Managerial skills.
Strong Quantitative skills.
Proficient in PC applications such as Excel, Word, Access and VBA.
