Head Product Control

  • Post Date: June 21, 2021
  • Applications 0
  • Views 278
Job Overview
Market Risk & Product Control is focused on the trading and treasury activities of Julius Baer. Daily risk calculations and limit adherence checks for the units carrying market risk together with independent compilations of profit and loss figures allow for a transparent and save business environment that ensures ‘checks and balances’. Reconciliations of positions, cash accounts and profit and loss statements ensure data integrity across systems; parameter checks and model validation ensure proper and consistent valuations.

Within the Market Risk & Product Control department, Product Control assures daily operations in terms of profit and loss reporting, FOBO reconciliation, reconciliation with financial accounting and price testing for all markets activities (trading and sales).
Product control tasks across all asset classes (equities, FX|PM,…), including FOBO reconciliation between front trading systems and core banking system, Independent price verification, daily trading P&L statements including P&L explanation, month-end reconciliation versus financial statements

Increase efficiency of current processes (review, propose enhancements, drive implementation) and increase degree of automation

Assessing new products in the new product approval process

Leading a team of 5 product control specialists

Stakeholder in projects initiated by Trading (business as well as IT driven)

Stakeholder in Market Risk & Product Control roadmap projects to increase overall efficiency

Close cooperation with internal and external Auditor, risk taking units, financial accounting, MIS

University degree or similar higher education

Strong experience in product control unit (10+ years)

In-depth knowledge for equity, fixed income, FX products and related derivatives

Experience in front trading applications like Front Arena, Murex etc

Excellent know how in process optimisation and automation (programm skills in python or SQL is a plus)

Experience in leading an expert team (7+ years)

Team-oriented, able to motivate highly qualified, technically minded staff

Business fluent in Englisch, German would be a plus

Job Detail
  • Offerd Salary120,000 CHF
  • Career LevelOthers
  • Experience4 Years
  • GenderBoth
  • INDUSTRYBanking
  • QualificationMaster’s Degree
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