Controllers, AWM Public Product Control, Associate, Jersey City

CONTROLLERS

Controllers ensure that the firm meets all the financial control and reporting obligations of a global, regulated and public financial institution. Our professionals measure the profitability of, and risks associated with, every aspect of the firm's business. Controllers also ensure that the firm's activities are conducted in compliance with the regulations governing transactions in the financial markets.

OUR IMPACT

We're a team of specialists charged with managing the firm's liquidity, capital and risk, and providing the overall financial control and reporting functions. Whether assessing the creditworthiness of the firm's counterparties, monitoring market risks associated with trading activities, or offering analytical and regulatory compliance support, our work contributes directly to the firm's success. The business is ideal for collaborative individuals who have strong ethics and attention to detail.

SUMMARY:

• Work within the AWM (Asset & Wealth Management) Public Product Control team, which is responsible for oversight of equity, fixed income and derivative valuation across mutual funds, separate accounts and hedge funds
• Responsible for the price verification of investments; including fixed income, equity and derivatives
• Interact with Controller's management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations

PRINCIPLE RESPONSIBILITIES:

• Responsible for assisting in the price verification of over the counter ("OTC") derivative positions held in the portfolios, including interest rate swaps, credit default swaps, equity and FX options
• Regular interaction with independent fund administrators to resolve daily valuation questions for securities (equities, fixed income and OTC derivatives) held in daily mutual funds, which includes making fair valuation recommendations
• Preparation of management reports and key valuation metrics for the Business, Controllers Management and Fund Boards
• Assist in the development of a valuation and price verification framework for newly traded securities and new funds, in conjunction with key federation stakeholders (IT, Operations, Legal, Compliance, etc.) and the Portfolio Management/Trading teams
• Coordinate an annual vendor due diligence process with independent third party pricing vendors and brokers
• Responsible for reviewing and updating the Valuation Policy at least annually

BASIC QUALIFICATIONS:

• Accounting, Economics or Finance degree preferred, but not required
• 3+ years experience in the financial markets and the investment management industry is preferred
• Requires a willingness and drive to understand valuation methods for the types of securities mentioned above
• Strong interpersonal (verbal and written communication) skills
• Ability to work in a team environment
• Strong analytical and organizational skills
• Ability to take initiative and work efficiently
• Proficiency in Microsoft Desktop Applications (Excel, PowerPoint, Word)