The Municipal and Structured Finance Product Controller ensures accurate profit and loss (P&L) reporting and balance sheet validation for the Municipal Fixed Income trading desks. This position acts as the primary control partner to Front Office trading, Risk Management, and Financial Accounting.
- 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.
- 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.
Job Requirements:
MUST HAVE MUNICIPAL SECURITIES - BONDS
Qualifications:
5+ years of Product Control experience –Experience with Municipals securities required.
Deep product knowledge of municipal bonds, structured municipal finance, and tax-exempt markets.
Strong understanding of accounting principles including Available for Sale (AFS)
High attention to detail
Adaptive person and collaborator
Strong analytic and critical thinking skills
Strong interpersonal and communication skills; the ability to clearly articulate ideas
#J-18808-LjbffrVP - Municipal Product Control in new york at Unknown Company
This position is listed as full time and onsite.