Brooklyn, NY, USA
1 day ago
Custody Product Controller, Vice President

The product control function provides support to the financial controllers and trading desks to ensure that the Profit & Loss, balance sheet, and month end close procedures are completed in a timely and accurate manner. Securities Services Product Controllers are part of the Corporate Investment Bank Finance team and are responsible for providing Product Controller support for the Custody, Fund Services, Alternative Investments Services, Depository Receipts and Agent Lending products. The Custody Product is the most significant product within Securities Services’ annualized revenue of $4.1bn and AUC of c. $27TR.

As a Custody Product Control Vice President within the Corporate Investment Bank Finance team, you will have an opportunity to work closely with Product & Business Managers, to drive a clear understanding of the business trends, especially around AUC and fees, and provide insightful analysis to facilitate effective management of the business in the region and globally. You will contribute to Product initiatives as they arise, understand the impact on Finance / the control environment and contribute towards provision of the appropriate financial analysis to support as well as ensuring adherence to product controller standards in the region.

Job responsibilities

Lead the North American Region product control team, mentoring and providing stretch to grow the team Oversee of the monthly financial close, including forecasting, advising on adjustments, providing analysis and commentary Provide detailed analysis and reporting on the financials to Product heads, business managers, and senior finance management Partner with the business to drive forth and implement robust controls and new business initiatives Drive coordination across various front & back office support functions to ensure resolution of control and reporting issues in an accurate and timely manner Engage with Business Management and Product to understand key drivers impacting the business to be able to highlight risks and opportunities to Plan, promptly escalate areas of concern help drive solutions and create a robust forecast for the rest of the year Serve as an analytical and project support resource for product control

Required qualifications, capabilities and skills

6+ years experience within Product Control, Financial Control, Accounting, or related area Bachelor’s degree in Accounting, Finance, Business or related area Solid understanding of financial products  Previous P&L or risk experience Strong analytical skills and attention to detail including a strong control focus Excellent communication skills and ability to develop strong working relationships Strong technical skills in using Excel and PowerPoint
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