AVP Product Control - Leading Financial Services Business - London - £90,000 - £110,000
We are partnering confidentially with a global financial services firm to recruit an AVP - Product Control. This is a high-impact role supporting daily P&L production, financial controls, and reporting integrity across a diverse range of asset classes including Equities, Commodities, FX, Crypto and Fund Derivatives.
You will sit within a high-performing Product Control function, working closely with Front Office, Risk, Operations, and senior Finance leadership. The role also offers the opportunity to contribute to broader finance transformation and process improvement initiatives as the organisation continues to evolve.
The Opportunity
Role: AVP - Product Control
Location: London
Salary: £90,000 - £110,000
Working model: Hybrid (3 days in office per week)
About the Organisation
Our client is a dynamic and fast-growing financial services firm, recognised for its strong market access, technology-led approach and wide international client base. They offer bespoke financial products, and are well regarded within the market.
The Finance team plays a critical role in ensuring accurate fair-value reporting, P&L oversight, and robust financial controls across all trading activities. As the business continues expanding its product set and building out its infrastructure, this role offers genuine visibility with senior decision makers.
Key Responsibilities
- Perform daily P&L production across multiple asset classes, preparing results, analysing risk-based drivers, and communicating findings to traders.
- Investigate and resolve P&L discrepancies, challenging significant movements where appropriate.
- Produce P&L proforma information and provide clear, well-supported commentary.
- Conduct detailed analysis of funding, sales credits, and risk-based P&L (including Greeks).
- Calculate and review fair-value adjustments (CVA, DVA, Bid/Offer)
- Build out and run the daily FOBO process, ensuring trades and cash flows are accurately represented in the firm's books and records.
- Work closely with Operations and Trading to understand the end-to-end control environment, identifying weaknesses and collaborating on solutions across balance sheet, P&L, sales credits, and disclosure reporting.
- Contribute to the development of P&L processes for new and evolving business lines, including structured and solutions products.
- Work with stakeholders to assess risks, document gaps, and design automated solutions where possible.
- Support product initiatives as the firm expands into new markets, systems, and asset classes.
- Play a key role in finance transformation projects, identifying opportunities to improve efficiency, control, and reporting quality.
- Partner with Finance, Risk, Legal, and Compliance to ensure alignment with control frameworks, policies, and regulatory expectations.
- Ensure full adherence to operational risk requirements, escalating risk events promptly.
- Maintain accurate documentation and contribute to audit, assurance, and regulatory engagements as required.
Your Profile
- Strong Product Control experience (2+ years) in Equities, Commodities, FX, Crypto or Fund Derivatives
- Qualified or part-qualified accountant (ACA, CIMA, CFA, ACCA)
- Strong understanding of investment banking products, valuation concepts, risk sensitivities, and product accounting.
- Confident with balance sheet substantiation and key financial control processes.
- Analytical mindset with the ability to interpret and challenge large data sets.
- Skilled communicator, able to liaise effectively with Front Office, Risk, Legal, and Operations.
- Resilient, collaborative, and capable of thriving in a fast-paced environment.
- Advanced Excel essential; Python, SQL, or Alteryx experience beneficial but not essential
What's on Offer
- Competitive salary £90,000-£110,000 + discretionary bonus.
- Private healthcare scheme
- Matched pension scheme
- Group Life Assurance and Group Income Protection.
- 25 days' annual leave plus bank holidays.
- Season ticket loan and Cycle to Work scheme.
- Sponsored learning and professional development support.
- Family-friendly policies including enhanced parental leave.
