Product Controller - Equities

Description:

Product Controller (EMEA Equities - Business Finance and Control)

London/Hybrid

6 months contract

Day Rate £500 via Umbrella Company

Pontoon is an employment consultancy, we put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identifies, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

My client is on the world's leading financial institutions united in their purpose to help make financial lives better through the power of every connection. They are dedicated to helping teammates be their best at work and at home. It starts with having a diverse, inclusive workplace where employees are valued for their individual strengths and perspectives. They firmly believe all employees should be treated with respect, live free of discrimination and be able to bring their whole selves to work. This is core to who they are as a company and how they drive responsible growth.

Role Overview

An opportunity has arisen for an experienced Product Controller to join a high-performing EMEA Equities Business Finance & Control team. This role supports a complex Equity Exotics business and requires a strong blend of Product Control and Valuation Control expertise. Working Monday to Friday you will be office based 3 days a week with the remainder working from home. Standard office hours with the occasional out of hours in line with business need.

The position sits within a dynamic environment where technical understanding of complex, non-linear products is essential. The successful candidate will be expected to operate across both daily controllership processes and valuation frameworks, while partnering closely with Front Office and senior stakeholders.

Key Responsibilities

Product Control

Produce and analyse daily P&L, ensuring accuracy, completeness and clear attribution
Perform P&L substantiation, variance analysis and FOBO reconciliation
Conduct detailed balance sheet reviews and substantiation
Partner with trading desks to explain P&L drivers, risks and market movementsValuation & Control

Execute Independent Price Verification (IPV) and valuation control processes
Apply and challenge valuation methodologies, model inputs and assumptions
Perform fair value hierarchy classification and prudent valuation reporting
Investigate valuation discrepancies and provide robust challenge and resolutionFinancial & Regulatory Reporting

Support reporting under IFRS and US GAAP frameworks
Ensure adherence to valuation governance, regulatory and control frameworks
Contribute to financial disclosures and regulatory submissionsRisk & Analysis

Develop a strong understanding of complex financial products and associated risks
Link product risk, valuation changes and P&L movements
Provide analytical insight to support business decision-making

Skills & Experience

Proven experience across both Product Control AND Valuation Control
Strong hands-on experience in:
Daily P&L production, substantiation and balance sheet control
IPV, valuation adjustments and fair value frameworks
Experience working in a front office-aligned environment, partnering with Trading and Risk
Strong understanding of complex financial instruments, particularly:
Equity derivatives / exotics (preferred)
OR transferable experience in non-linear rates, structured products or exotic derivatives
Ability to understand and challenge valuation methodologies and model outputs
Equities experience is preferred but not essential
Candidates with backgrounds in:
Rates (non-linear/exotics)
Structured products
Credit / multi-asset exotics
will be considered where technical skillset is transferable
Strong analytical mindset with attention to detail and control focus
Excellent communication skills, with confidence engaging senior stakeholders
Ability to operate in a fast-paced environment and manage competing priorities
Proactive, adaptable, and comfortable picking up new product areas quickly
Strong team player aligned to a collaborative, high-performing culture

Please apply with an up-to-date CV which must show evidence of the above to be considered. Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.

We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention