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SMBC Group · 1 day ago

Product Control Director

Jersey City, NJ

Full-time

Hybrid

Senior Level, Lead/Staff

$179K/yr - $220K/yr

10+ years exp

SMBC Group is a top-tier global financial group offering a diverse range of financial services. The Product Control Director will manage daily P&L validation and reporting, enhance internal controls, and document policies and procedures while ensuring accuracy and reliability in financial reporting.

AdviceBankingFinancial Services

H1B Sponsor Likely

Responsibilities

Manage the processes around daily P&L validation, explanation, and reporting for interest rate and XVA desks

Actively engage in the enhancement of the independent price verification framework for rates derivatives products and xVA

Lead creation/automation of templates and enhancing the controls around P&L reporting

Assist with transformation efforts to modernize the company's financial infrastructure

Monitor trading activity for ad-hoc valuations and trade reserves and work with partners to ensure accuracy of financial statements

Document new policies and procedures

Review and manage Volcker Reporting requirements

Qualification

Financial services auditCapital markets advisoryFixed income product controlDerivatives experienceProduct control processesInternal controls frameworkExcel proficiencyBig data understandingLeadership skillsDocumentation skills

Required

10+ years of combined experience in financial services audit or capital markets advisory or fixed income product control

Derivatives experience required

Bachelor's degree in accounting or finance or equivalent field of study

Working knowledge of product control processes, trade lifecycle, and proper internal controls framework within capital markets fixed income or advisory

Knowledge of derivatives and other financial instruments per US GAAP

Leadership skills with proven ability to mentor and train junior staff

Proficiency in Excel, including working knowledge of advanced functions

Excellent documentation skills

Ability to work with big data and understand system architecture

Ability to self-learn and navigate through the company to get work done with minimal supervision

Preferred

Experience in Rates business or xVA is an advantage

CPA, CFA, or FRM is an advantage

Benefits

Competitive portfolio of benefits

Annual discretionary incentive award

Company

SMBC Group

Glassdoor3.5

SMBC Group is a top-tier global financial group.

Founded in 1590

New York, New York, USA

10001+ employees

https://www.smbcgroup.com/americas

H1B Sponsorship

SMBC Group has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (160)

2024 (87)

2023 (73)

2022 (44)

2021 (29)

2020 (26)