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Product Control Associate
- NatWest Markets (Stamford, CT)
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Product Control Associate
Stamford,United States
Permanent
Full Time
\#R-00254846
Our people work differently depending on their jobs and needs. From hybrid working to flexible hours , we have plenty of options that help our people to thrive.
This role is based in the United States and as such all normal working days must be carried out in the United States.
Job description
_This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business._
Join us as a Product Control Associate
+ Join a team that is accountable for ensuring the accuracy and reliability of the daily P&L.
+ You’llbe deliveringan accurateunderstanding of the financial position, including key business drivers for material movements.
+ You’llbe accountable for closing andmaintainingthe integrity of the ledger.
+ Gain valuable experience and hone yourexpertiseas you advance your career in this challenging role.
What** **you'll** **do
As a Product Control Associate,you’llbe responsible foroverseeing the daily P&L and monthly balance sheet reporting within NatWest Marketsoperatingin the United States. This will help the bank to effectively manage its trading position,demonstratestrong daily controls and enable management of market risk.
You’llestablishand maintain strong working relationships with key customers and stakeholders across several teams and regions. Delivering high quality and consistent financial, statutory, regulatory and management reporting outputs.You’llcomply withrelevant policies and consider and escalate the adequacy and effectiveness of the business’s controls on a regular basis.
Day to day,** **you’ll** **:
+ Provide oversight and review of the Edinburgh support team on various activities including revenue analysis and flash vs actual controls.
+ Oversee production of daily, weekly, and monthly P&L Reports to senior management.
+ Oversee offshore production of reconciliations, accounting,MIand control activities to support the ledger close, reconciliation,substantiationand reporting.
+ Oversee offshore production of month-end accounting, such as journals preparation,reviewsand account reconciliation.
+ Provide onshore maintenance of the US Hierarchy including creation of new books to support the business/traders.
+ Support change initiatives, process improvements and in system implementations thatimpactthe US region.
+ Work closely with technology, operations, and front office to Investigate process or system issues.
+ Support systems testing, such as user acceptance testing and system or process improvement initiatives.
The skills/experience** **you'll** **need:
To succeed in this role,you’llbring experience in core financial control delivery and reporting outputs, including ledger close, balance sheet substantiation, statutory and managementreportingand external audit.
We’llalso look to you to have:
+ 3-5 years of product control experience at a financial institution or public accounting with a focus on the financial industry
+ Knowledge of accounting standards and financial products.
+ Experience of delivering change in a financial services environment.
+ The ability toidentify, build and enhance key relationships at a senior level.
+ Experience of investigating and probing issues with cross-business impact.
+ An understanding of intercompany and contra account usage requirements and intercompany reconciliations and substantiation.
+ Strong problem solving and analytical skills with attention to detail.
+ Ability to work under pressure and meet tight deadlines.
+ Proficiencyin Microsoft Office Suite, especially Excel.
+ BA in Accounting or Finance;Masters in Accounting, Finance, Business Administration a plus
+ Certified Public Accountant (‘CPA’) a plus
The expected base annual salary range for this position is $90,000 - $115,000 at the start ofemployment. Thisis not a guarantee of compensation. The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location. In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement.
It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex,** **pregnancy/childbirth,** **age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review "EEO Is The Law", “EEO is the law- Supplement” & “Pay Transparency Provision” posters** here (https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm) **.
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