Job Summary
Our client, a prestigious and globally recognized bank, is seeking a Middle Office Product Control Officer to join their Risk Management Department.
Responsibilities
- Execute daily product control tasks including verifying Treasury transactions, monitoring trade cancellations, performing data reconciliations, and tracking off-market rates to ensure accuracy and compliance
- Produce and analyze profit and loss (P&L) reports and perform mark-to-market (MTM) valuation of financial instruments to support financial integrity
- Conduct hedge accounting effectiveness checks to validate risk mitigation strategies
- Monitor approved risk limits continuously, analyze breaches, and escalate issues promptly to maintain risk compliance
- Maintain and update trader and counterparty limits, manage user access rights, and control folder permissions within trading systems to safeguard operational security
- Review and update product control policies and procedures regularly to align with regulatory and organizational standards
- Assess new and existing financial services and products to identify risk and control implications
- Collaborate with cross-functional teams and stakeholders to support risk management objectives and operational excellence
- Perform additional duties as assigned to contribute to department goals and business growth
Preferred competencies and qualifications
- Recognized bachelor degree or above, preferably in Finance, Mathematics or related discipline.
- Professional certification such as FRM, PRM, and CFA will be advantageous.
- Experience using Bloomberg Terminal; familiarity with Reuters Eikon is an advantage
- Strong financial modeling skills applied to Treasury products and derivatives analysis
- Proficiency in Microsoft Office applications to support reporting and data analysis
- Effective interpersonal skills to engage and influence stakeholders across multiple departments
- Ability to manage multiple priorities and perform effectively under pressure and tight deadlines