Sign upLog in

Director - Product Control

Madison-Davis

Jersey City, NJ

Apply
JOB DETAILS
SKILLS
Accounting, Analysis Skills, Banking Services, Brokerage, Capital Markets, Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Data Sets, Derivatives, Documentation, Economics, External Audit, Finance, Financial Analysis, Financial Operations, Financial Regulations, Financial Reporting, Financial Systems, Fixed Income Investments, Internal Audit, Investment Services, Leadership, Maintain Compliance, Management Reporting, Mathematics, Mentoring, Microsoft Excel, Policy Development, Pricing, Problem Solving Skills, Procedure Development, Process Improvement, Product Control, Profit & Loss, Regulations, Regulatory Reports, Risk, System Architecture, Team Lead/Manager
LOCATION
Jersey City, NJ
POSTED
30+ days ago

ABOUT THE ROLE

A leading financial institution is seeking an experienced Product Control leader to oversee valuation control, daily P&L validation, and independent price verification activities across Rates and XVA derivative portfolios. This role will manage a team of Product Control professionals and serve as a key partner to Front Office, Risk, Finance, and Regulatory Reporting teams.

The ideal candidate will bring deep expertise in XVA, derivatives valuation, fixed income products, P&L attribution, valuation controls, and Volcker Reporting within a banking or capital markets environment.

RESPONSIBILITIES
  • Lead daily P&L validation, attribution, explanation, and reporting processes across Rates and XVA trading desks
  • Manage and develop a team of Product Control professionals responsible for valuation oversight and reporting
  • Oversee independent price verification (IPV) processes for rates derivatives, fixed income products, and XVA portfolios
  • Review valuation methodologies, reserves, and pricing adjustments to ensure accuracy and compliance with internal controls
  • Partner with Front Office, Risk, Finance, and Operations teams to investigate valuation issues and resolve discrepancies
  • Enhance and automate P&L reporting, valuation controls, and management reporting processes
  • Support finance transformation initiatives and modernization of reporting infrastructure
  • Monitor trading activity and assess valuation impacts associated with new transactions and complex structures
  • Manage and review Volcker Reporting requirements and related controls
  • Develop and maintain policies, procedures, governance documentation, and EUC controls for critical reporting processes
  • Support internal and external audits, regulatory reviews, and control framework initiatives

QUALIFICATIONS
  • Bachelor's degree in Accounting, Finance, Economics, Mathematics, or related field
  • 8+ years of Product Control, Valuation Control, Capital Markets Advisory, or Fixed Income Finance experience
  • Strong experience covering XVA derivatives and fixed income products required
  • Prior management experience leading Product Control, Valuation Control, or finance teams required
  • Deep understanding of derivatives valuation methodologies, P&L attribution, and trade lifecycle controls
  • Experience with Rates products, XVA, and valuation adjustment frameworks strongly preferred
  • Knowledge of Volcker Reporting requirements required
  • Strong understanding of internal controls, valuation governance, and regulatory reporting processes
  • Experience working with large datasets, financial systems, and reporting architecture
  • Advanced Excel skills and strong analytical capabilities
  • CPA, CFA, or FRM designation is a plus
  • Candidates from investment banks, broker-dealers, capital markets advisory practices, or Big 4 valuation groups are encouraged to apply
  • Proven leadership, communication, and stakeholder management skills with the ability to drive process improvements and mentor junior team members

About the Company

M

Madison-Davis