Product Controller supporting portfolio valuation for Caxton Associates, a global trading firm. Collaborating with management and operations to resolve pricing issues and implement new technologies.
Responsibilities
Significant knowledge of derivative products including risk sensitives and model pricing.
Responsible for Independent Price Verification (IPV) covering all asset classes, with Rates being the predominant asset class.
Review and provide feedback on month-end valuation processes conducted by independent fund administrator.
Presentation of valuation related data to senior members of the organisation.
Assist wider Product Control team on valuation queries arising from P&L analysis or queries from PMs.
Ongoing review of curve construction, market data inputs and source providers in coordination with the Quantitative Analyst and Risk team.
Work cross-functionally with Risk, Quant, and Finance teams to identify and resolve valuation issues impacting the firm’s P&L and balance sheet integrity.
Requirements
Degree qualified, degree(s) in a numerate discipline.
3+ years of relevant product control or middle office experience, ideally with a hedge fund, investment bank (Rates Exotics IPV teams) or asset manager.
Solid knowledge of derivative and fixed income products.
Strong understanding of curve construction (discounting and forward curve) and IR / FX Volatility surface construction frameworks across multiple currencies.
Detail-oriented, curious, and willing to challenge existing practices, with strong interpersonal skills.
Strong Excel skills; proficiency in Python, Tableau, or VBA is advantageous.
CFA or similar certification is a plus.
Displays and operates at the highest degree of ethics and integrity.
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