About the Opportunity
Our client is a multi-strategy investment manager headquartered in New York City, with global offices in Europe and Asia. The firm is seeking a highly-skilled and detail-oriented Product Controller to join their Equities Product Control team. As a team member, you will play a crucial role in overseeing the daily reconciliation of Profit and Loss (PNL), ensuring accurate financial reporting, managing carry calculations as well as PNL attribution reporting. The ideal candidate will have a strong background in finance, exceptional analytical skills, and the ability to thrive in a fast-paced work environment. This is an opportunity to help scale the business, and report directly into the Head of Finance/Product Control.
The annual base salary range is $100,000 to $140,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Responsibilities
- Conduct daily reconciliation of PNL statements, ensuring accuracy and completeness by investigating discrepancies, and working with both internal departments and third-party administration teams to resolve issues
- Oversee the carry process by calculating and reconciling fees to ensure accuracy
- Prepare and provide PNL attribution reports to portfolio managers and the fund’s senior management while partnering with portfolio managers to understand investment strategies and optimize PNL attribution reporting
- Analyze and explain PNL performance drivers, highlighting the impact of various factors on investment returns
- Conduct financial analysis to support strategic decision-making, business planning as well as recommendations to improve financial performance
- Partner with portfolio managers, operations, and legal teams to facilitate a smooth onboarding process for new investment strategies and products
Requirements
- 4+ years of experience in a hedge fund preferably a multi-strategy or relevant role
- Bachelor’s degree in finance, accounting, or a related field
- CPA or CFA is a plus
- Strong hedge fund or trading desk knowledge with understanding with various investment products including fixed income securities and equity derivatives
- Experience working closely with traders, prime brokers, ISDA counterparties, and fund administrators
