Equities Core Product Control Manager

Location: Hong Kong
Job Type: Permanent
Reference: 2_090519
Sector: Investment Management

The role is for a leading Global Bank for their Hong Kong office.

Principal Responsibilities:

  • Onshore review of the end to end Profit and Loss process for the Equities desk within the Global Markets business.  This would include a review of New Trade Profit and Loss, market environment Profit and Loss, carry Profit and Loss, cancel and amend Profit and Loss and Profit and Loss differences with traders. 
  • Identification and resolving production exceptions where possible and working closely with the nearshore Product Control team in Manila as and when required to resolved exceptions.
  • Review results from nearshore team and preparation and review of commentary and analysis both daily and monthly.
  • Review results of other daily controls that supplement the daily Profit and Loss Analysis process.
  • Responding to nearshore queries.
  • Involvement in reengineering, streamlining and standardising processes and controls.
  • Identify and escalate process and control improvement opportunities.

Requirements

  • University Degree with a strong numerical and quantitative background.
  • Solid experience in Product Control environment in a bank or financial institution.  Prior experience with equity derivatives is preferred.
  • Good understanding of Financial Markets, Risks and the changing regulatory environment, like products traded and their life cycle, and associated risks, and accounting principles.
  • Good understanding of equity derivatives products and their valuation.
  • Good understanding of risk-based Greeks, like delta, gamma, vega, and others.
  • Excellent written English and oral communication skills.
  • Work independently and on occasion under pressure to meet tight deadlines.
  • Excellent analytical skills and a proactive approach to problem-solving.
  • Excellent interpersonal and stakeholder management skills.
  • Ambitious, driven and enthusiastic.