Rates Product Controller (Exotic OTC Derivatives)
Rates Product Controller (Exotic OTC Derivatives)
Category | Middle Office / Product Control | Salary | 9-14 M ¥ |
Work Type | Permanent | Date | 2008-06-27 |
Location | Tokyo | Ref.# | PPA15941 |
Company Description
One of the largest banks in the world that offers retail banking services in Europe. Its investment bank and asset management business spans Europe, the Pacific Rim, and the Americas. The bank's three operating segments are Corporate and Investment Banking, Private Clients and Asset Management, and Corporate Investments. It has nearly 1,600 locations worldwide.
Responsibilities
*Establish the daily P&L, risk sensitivity reporting process for the interest rate derivatives including exotic instruments.
*Valuation control of the derivatives such as reserving, independent price verification and maintenance of the models.
*Review and monitoring of control environment in particular liaising closely with sourcing location to ensure timely and accurate daily P&L / market risk reporting productions.
*Checking accuracy of trade bookings
*Various projects such as SABR volatility implementation or Risk Weighted Asset analysis tool
Requirements
*Product Control / Middle Office experience of Interest rate Derivatives area required (3 – 4 years experience).
*Strong Excel skills.
*Quantitative skills.
*Eagerness to learn about products.
*Self motivated
*Strong team player
*Ability to interact with people at all levels, in person, by phone or e-mail
*Ability to manage own time, work under pressure and to meet deadlines
*Willingness to work long hours when required
*Logical thinking to deal with critical accounting/business issues
Additional Notes
Remuneration:
9 - 14 million yen
