Specialist, U.S. Fixed-Income Product Control

Overview

Under the direction of the Associate Director, Product Control, this role serves as the full-scope product controller for the U.S. Fixed Income businesses. This includes product coverage for Primary Dealer, U.S. Money Markets, Securitized Products, High Yield, and Origination trading desks.

Responsibilities include daily P&L and Profit Attribution Analysis (PAA) reporting, full balance sheet and income statement line management, and monthly analysis plus ad-hoc reporting.

Responsibilities

• Oversee and review accurate daily P&L and PAA for U.S. Fixed Income trading desks, including (but not limited to) MBS, Treasuries, Repos, Agencies, Corporates, IRS, Bond Futures, and CDX

• Review results for large daily fluctuations and escalate significant variances to management

• Oversee Front-Office to Back-Office reconciliations

• Develop working knowledge of the trade flow process from inception to G/L

• Build a thorough understanding of G/Ls and settlement systems, including: ICI, Calypso, GMI, GlobalOne, ADP, LoanIQ, S4, and Progress/Essbase

• Ensure correct general ledger bookings

• Ensure new products are set up correctly in the P&L tracking process

• Maintain understanding of product-related balance sheet and income statement line items

• Record, upload, reconcile, and/or coordinate all general ledger postings for product-related activity (e.g., balance sheet, revenue)

• Prepare P&L and Balance Sheet reconciliations as part of month-end close

• Coordinate with legal entity and regulatory accounting, risk, operations, and other support groups

• Create and update monthly analysis related to key business drivers

• Prepare commentary and standard period-over-period analysis

• Leverage AI-driven approaches to drive efficiencies and scalability across Product Control

Qualifications & Requirements

• Undergraduate degree in Accounting or Finance
• Minimum of 5-7 years of experience in the financial services industry
• Strong knowledge of fixed income products and the MBS market
• Excellent computer skills with the ability to learn systems quickly
• Ability to manage multiple tasks and meet deadlines without compromising data integrity
• Strong communication, relationship-building, interpersonal, and leadership skills
• Strong customer service and client focus

Preferred Qualifications

• CFA / CPA and/or Series 99/Series 7 (a plus)
• Prior experience with Fixed Income products and/or risk-based P&L explanations (preferred)

Compensation & Benefits

• Salary range: $90,000.00 - $180,000.00
• Pay type: Salaried
• Total compensation may include performance-based incentives, discretionary bonuses, and other perks and rewards
• Benefits may include health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans

Location

U.S. (role covers U.S. Fixed Income businesses)