EMEA Rates Swaps Product Controller – Associate

Help turn market activity into trusted financial results.

The EMEA Rates Swaps business is responsible for trading a wide array of interest rate products primarily focused on flow and vanilla derivatives. This includes interest rate swaps cross-currency swaps forward rate agreements (FRAs) overnight index swaps (OIS) basis swaps and inflation-linked swaps along with related hedging and risk management solutions tailored to meet client needs across a broad range of maturities and currencies in a dynamic market landscape.

As an Associate Product Controller in the EMEA Rates Team you will be responsible for delivering accurate P&L and Market Risk reporting. This role involves close collaboration with stakeholders such as Front Office Middle Office Market Risk Business Managers and various teams across Finance.

Job responsibilities

• Review and report daily P&L and risk metrics.

• Validate and analyse daily P&L explanations including Volcker attributions first and higher order effects and residuals.

• Perform month-end close reconciliations between the P&L Aggregator and General Ledger.

• Identify design and implement new controls and processes to enhance P&L production efficiency and align with Global Product Control standards.

• Participate in ongoing and new projects to ensure Product Control requirements are met.

• Prepare and deliver daily weekly and monthly P&L commentaries to senior management explaining results in terms of desk risk strategy and market factors.

• Work with Financial Control to resolve cash flow breaks and review FX balances.

• Partner with the business to implement robust controls and support new initiatives.

• Coordinate across front and back office support functions to resolve control and reporting issues promptly and accurately.

Required qualifications capabilities and skills

• Experience in Product Control Financial Control Accounting or a related field.

• Bachelors degree in Accounting Finance Business or a related discipline.

• Strong analytical and problem-solving abilities with keen attention to detail.

• Proactive approach to process improvement and innovation.

• Excellent communication skills with the ability to explain complex concepts clearly.

Preferred qualifications capabilities and skills

• Knowledge of financial products.

• Advanced Excel skills (VBA coding preferred).