VP Interest Rates Product Control-New York City

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A top-tier bank is looking for an experienced candidate for the Interest Rates controller team. The new hire will support the US Government, US Agency, and Agency Pass Thru trading desks, in additional to having other responsibilities across the broader Interest Rate team. The desks primarily trade mortgage backed securities, TBAs, interest rate swaps & swaptions, listed futures, agency bonds and US Treasury bonds. The role will include managing staff, daily interaction with the trading desk, overseeing the production and reporting of fully attributed P&L, market risk analysis, balance sheet analysis, and interaction with diverse groups across finance, operations and the business unit.

The optimal candidate will be an analytical, highly motivated individual with 8-10 years of related experience.

Responsibilities include:

• Management of the team
• Oversight of fully attributed P&L production
• Process reengineering to improve efficiencies
• Month-end close
• Balance sheet analysis, including sources of funding
• Quarterly disclosures
• Project management
• PBT and expense analysis
• Market risk analysis
• Ad hoc request from the desk and other internal clients

Required Skills:

7-10 years of related work experience
• Fast learner & self-motivated
• Fixed income P&L production experience
• Strong knowledge of interest rate risk components
• Strong analytic and problem solving skills
• Effective communication and interpersonal skills
• Experience with interest rate derivatives and mortgage back securities preferred
• Accounting/Finance degree preferred

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