Fixed Income Product Controller

Mizuho Americas Services LLC

  • New York, NY
  • 17 days ago
  • Full-time

Highlights

Position Summary A Fixed Income Division (FID) Product Controller is responsible for the accounting and financial reporting of the fixed Income trading desks. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained.

Numbers & Facts

LocationNew York, NY
Job TypeFull-time

Description

Position Summary

A Fixed Income Division (FID) Product Controller is responsible for the accounting and financial reporting of the fixed Income trading desks. FID Product Controllers are responsible for the monitoring of transactions, P&L, and act as a primary control function. This role will be supporting Derivative Products trading.

Essential Job Duties

  • Work closely with front office personnel in producing daily, weekly, and monthly P&L results and analysis.
  • Investigate and resolve P&L discrepancies arising from incorrect booking of trades, missing deals, system errors, or valuation issues.
  • Liaison with various areas within the firm (e.g. Front Office, Operations, Technology, Middle Office and Market Risk)
  • Continue developing and improving the Internal Control environment through critical evaluation of current controls and processes and utilization of best practice.
  • Complete the month end closing process for balance sheet reconciliation and substantiation.
  • Ensure compliance with internal and external audits.
  • Ad hoc requests from the desk.
  • Drive process and system improvements through participation in various project initiatives.
  • Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements.
  • Work with financial control in preparation of key external reports such as disclosures.

Qualifications

  • 4+ years of Product Control experience with knowledge of Interest Rate Derivative products
  • CPA or CFA preferred but not required.
  • Familiarity with accounting principles
  • High attention to detail
  • Fast learner and team player
  • Strong analytic and problem-solving skills.
  • Highly proficient in Excel (v-lookups, pivot tables)
  • Strong interpersonal and communication skills; the ability to clearly articulate ideas
  • Accounting or Finance degree required.

The expected base salary ranges from $85,000 - $140,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

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