Product Controller (VN3262)

The Product Controller is responsible for supporting the US Capital Markets businesses of Marex. This position is responsible for managing the production of P&L reporting and analysis, monthly balance sheet substantiation, reporting and analysis. The Product Controller will act as a trusted business partner, this role will involve collaborating closely with various business units to ensure accurate financial control and reporting.

• →Oversee the daily PnL reporting for Capital Markets products, including equity swaps, repos, stock loans, corporate bonds, equities, and options.
• →Ensure data integrity in the sub-ledger system reconciliation process.
• →Manage static data for multiple system interfaces, ensuring accuracy across all platforms.
• →Prepare month-end accruals related to broker-dealer activities.
• →Monitor daily expense accruals based on various cost drivers and financial products.
• →Identify trade breaks and prepare journal entries to accurately adjust any discrepancies.
• →Reconcile the General Ledger to sub-ledgers, investigate variances, and implement corrective actions.
• →Automate and maintain daily financial reporting on regulatory capital and working capital usage.
• →Identify and address data quality issues, including position breaks and pricing discrepancies.
• →Adapt quickly to ensure accurate daily reporting to senior management.
• →Manage ad-hoc reporting and performance analysis for broker-dealer business units.
• →Provide support and perform research to address inquiries regarding desk performance.
• →Support interactions with front-office personnel and desk managers to ensure smooth operations and accurate financial reporting. Work closely with Operations, Out-sourced back-office Operations, and Treasury Operations to facilitate financial reporting and controls.
• →Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
• →Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
• →Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
• →At all times complying with Marex’s Code of Conduct.
• →To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
• →To report any breaches of policy to Compliance and/ or your supervisor as required.
• →To escalate risk events immediately.
• →To provide input to risk management processes, as required.

• Demonstrates curiosity.
• Resilient in a challenging, fast-paced environment.
• Ability to take a high level of responsibility in a fast pace and high-volume environment.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

You must:

• Act with integrity
• Act with due skill, care and diligence
• Be open and cooperative with the FCA, the PRA and other regulators (where applicable)
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standard of market conduct

• Minimum 7 years of accounting experience at a reputable FINRA broker-dealer or bank trading operation.
• Bachelor’s degree in Accounting/Finance/Programming
• Strong Excel skills (Microsoft Access, SQL Python, and related database skills is a plus)
• Experience interacting with trading desks and working with Broadridge and Pershing application
• General knowledge of financial products i.e. fixed income (ABS/MBS, Corporate Bonds, TBA’s, repo), Equity, Equity Options, Securities Lending, and Derivatives
• Organized, process oriented, and capable of defining and documenting process and procedure
• Excellent verbal and written communication skills
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this

Acting as a role model for the values of the Company: