Director – Structured Derivatives Product Control

Director – Structured Derivatives Product Control

Location: London

Salary: £130,000 – £150,000 base + bonus + benefits

Employment Type: Permanent, Full-Time

The Opportunity

We are working with a leading global financial services organisation to recruit a Director within its Product Control function, supporting a growing and highly sophisticated Structured Products and Derivatives business.

This is a senior, high-profile opportunity offering significant exposure to Front Office, Risk, Valuations and Finance leadership, with responsibility for ensuring robust financial control, accurate P&L reporting and the delivery of key Finance transformation initiatives.

The successful candidate will bring strong technical expertise across Structured Derivatives, ideally Structured Equities , alongside the commercial awareness and stakeholder management skills required to operate effectively at Director level.

Key Responsibilities

• Own daily P&L production, reconciliation and control processes across Structured Derivatives and Solutions products, ensuring accurate reporting of P&L and Greeks.
• Partner closely with Front Office, Risk and Valuations teams to review and validate valuation adjustments, including CVA, DVA, FVA and Bid/Offer.
• Analyse desk profitability, cost allocations and overall business performance, providing meaningful commercial insight to senior management.
• Oversee month-end accounting adjustments relating to OTC derivatives and Structured Notes, ensuring accurate financial reporting.
• Deliver robust balance sheet substantiation, reconciliations and legal entity P&L commentary.
• Identify, investigate and resolve trade, valuation and portfolio discrepancies.
• Drive Finance transformation initiatives, improving processes, controls, automation and operational efficiency.
• Support the development and enhancement of trade flows between Front Office platforms and the General Ledger.
• Work collaboratively with senior stakeholders across Finance, Trading, Operations, Technology and Risk.
• Ensure compliance with internal controls, operational risk frameworks and relevant regulatory requirements.

Skills & Experience Required

• Qualified accountant (ACA, ACCA, CIMA or equivalent).
• Significant Product Control experience within an investment bank, broker-dealer or comparable financial markets environment.
• Strong knowledge of Structured Derivatives is essential , ideally including Structured Equities and Structured Notes .
• In-depth understanding of derivatives P&L, Greeks, valuations, reconciliations and balance sheet controls.
• Familiarity with valuation adjustments, including CVA, DVA, FVA and Bid/Offer.
• Proven ability to engage confidently with senior Front Office, Risk and Finance stakeholders.
• Excellent analytical, investigative and problem-solving skills.
• Experience identifying and delivering process improvements, systems enhancements or Finance transformation initiatives.
• Strong Excel skills and familiarity with Front Office and Back Office trading systems.
• Experience with Sophis, Python, SQL or Alteryx would be advantageous but is not essential.

The Ideal Candidate

You will be an established senior Product Control professional, or a high-performing VP ready to progress into a Director-level position.

You will combine deep technical knowledge of complex derivatives products with a strong understanding of financial controls, commercial performance and the wider trading environment.

You will be comfortable challenging senior stakeholders, taking ownership of complex issues and driving improvements in a fast-paced, evolving business.

What's on Offer?

• Competitive base salary of £130,000–£150,000 , plus bonus and benefits.
• Director-level responsibility within an established global financial services organisation.
• Significant exposure to senior Finance and Front Office leadership.
• Opportunity to influence the development of Product Control processes and Finance infrastructure.
• A challenging and commercially focused position supporting a sophisticated Structured Products business.