Job Title: Accountant (Level 2)

Fixed Income Global Product Control is looking for a product controller to support the Counterparty Portfolio Management business (CPM). The CPM business manages counterparty credit risk for OTC derivatives (CVA) plus other centralized OTC derivative risks (funding and collateral risk management). Working as part of a team of four, the candidate will be responsible for daily P&L production. The candidate will work closely with the traders to validate P&L and attribution. The candidate will also have responsibility for month end P&L and balance sheet reconciliations and for various monthly/quarterly accounting and regulatory disclosures. The candidate will gain experience in a wide range of fixed income products (primarily credit derivatives and interest rate derivatives) and will become proficient in understanding the accounting and risk management of these products.

The candidate will become a subject-matter expert in the CPM business and be expected to represent CPM at departmental meetings and to provide ad-hoc analysis to the Market Risk Department, Valuation Review Group, Legal Entity Controllers, Regulatory Controllers and other support areas. The candidate will be actively involved in team-wide projects and initiatives aimed at improving controls and efficiency and at reducing both unexplained p&l and variances between estimated and actual P&L.

• 2-3 yrs of product control experience (preferably with Fixed Income products) working in an investment bank with exposure to the trading desks.
• BA or BS in Accounting and / or Finance
• Strong Microsoft Excel skills
• Excellent analytical, quantitative and problem solving skills
• Effective communication and interpersonal skills, dealing with a fast-paced dynamic environment
• Control focused organizational skills and teamwork oriented approach to problem solving