Product control Stream

Product Control Specialist

Company: Kiya.ai

Role & Responsibilities:

As a Product Control Specialist, you will be a crucial part of our finance team, responsible for delivering accurate and insightful daily P&L (Profit & Loss) analysis. You'll ensure the integrity of financial reporting for trading desks and bank management, actively identifying and escalating discrepancies while contributing to process enhancements.

• Provide a daily Economic, Step Reval, and Risk Based PNL to each desk and to the Bank's management.
• Ensure that the PNL is calculated from the reference positions and that these positions are real and checked.
• Escalate any unusual P&L to the desk and management that may indicate a wrong position or transaction in the Front Office (FO) system.
• Run all the required controls on key elements of the PNL.
• Document all exceptional PNL moves and adjustments for Management.
• Validate the official Economical P&L figures and the related P&L explains (market move, new deals, etc.) and investigate discrepancies with the Front Office Predict.
• Review the P&L Explain in depth and correct wrong effects if no technical solution can be found to overturn the misallocation.
• Where possible, challenge and enhance existing processes.
• Submit the P&L for Sign-off to the Traders.
• Report, Comment, and Validate the P&Ls into the Official Reporting tool.
• Ensure appropriate escalation to management as soon as an issue is identified.
• Ensure high levels of ethics and professionalism are maintained both personally and within the team.
• Participate in global projects related to Middle Office (MO) or P&L process improvements.
• Participate in local projects related to systems migrations.
• Contribute to the improvement of productivity within the team by proposing initiatives.

Preferred Candidate Profile:

• Strong understanding of Bonds, Equity, Interest rates, and FX products, including their models and valuations.
• Competency with MS Suite, especially Excel.
• Strong Communication Skills.
• Effective Decision Making abilities.
• Adaptability & Change Management skills.
• Ability to develop and leverage networks.
• Ability to develop and adapt processes.
• Results-oriented approach.
• Ability to collaborate effectively with remote teams.
• University graduates, with postgraduates and professional qualifications preferred.