Product Controller

New York, NY

Responsibilities

 

  • Review and publish T+1 P&L by fund and by strategy on a daily basis.
  • Reconcile Fund P&L daily on a T+1 basis to fund administrators’ books and records.
  • Investigate and resolve P&L breaks on an on-going basis by working closely with the Investment Operations, Treasury and Finance teams and ensuring that the trade management / ledger system (Fund Studio) is updated properly.
  • Highlight root cause issues (e.g., valuation, cash flow calculations, accruals, etc.) based on P&L reviews and proposes fixes in Fund Studio as appropriate. and
  • Review pricing sources used to value the investment positions at month end and perform price testing of the funds’ investment positions.
  • Ensure that month-end valuations are in accordance with the firm’s valuation policy and valuation matrix.
  • Develop and review exception-based reporting on pricing including large day-over-day changes, stale pricing, missing prices, etc. daily.
  • Perform verification checks of market data used as inputs to arrive at fair value, such as FX curves, IR curves, fixing rates, etc., across all products.
  • Perform price/fair value verification of all investment positions to fund administrator and counterparty valuations provided in the fund administrator’s 3-way reconciliation.

 

Requirements

 

  • Bachelor’s degree in accounting, finance or its equivalent.
  • 5-7 years of experience in the product control space in the alternative investment management industry (fixed income or derivatives experience is preferred).
  • Strong technical competencies and ability to communicate effectively with technologist on development.

 

 

 

 

Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.

Date Posted 3/11/2020
Salary $90,000 - $140,000 + bonus






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