Summary
Thriving Quant Fund in NYC is Launching a Brand New Product Control Division!
Company Information:
*AUM: $4 Billion
*Global Employee Headcount: 259
*2025 Performance: Up 5-10%
*Comp is flexible, and they are positioned to buy-out a year-end bonus
*Midtown Manhattan with a hybrid work schedule
Job Description:
- Own end-to-end P&L reporting and analysis, ensuring integrity, accuracy, and timely delivery of insights to senior management and portfolio management teams.
- Drive the expansion of the firm’s P&L and financial reporting capabilities, enabling the business to scale effectively. Propose reporting, tooling, and resourcing as needed.
- Define the handover process and boundaries of P&L reconciliation process; clarify divisions of labor to apportion responsibility among Operations, service providers, Product Control, and Accounting.
- Ensure timely resolution of breaks and valuation discrepancies, escalating as necessary.
- Serve as the primary liaison between Finance, Operations, Risk, and Front office, providing transparency on performance and financial reporting.
- Lead new product implementations, trade flow processes, and valuation methodologies.
- Champion best practices and continuous improvement, bringing a strong control mindset and a builder’s mentality to every process.
- Foster a collaborative, team-oriented culture and mentor future team members as the function grows.
Additional Responsibilities Include:
- Working w/ Accounting Teams
- P&L Attribution
- Facing off with Management Teams and Portfolio Managers
- Setting up Trading Products/Derivatives as they expand into products such as CDS/CDX
- Working on Valuation policies
- Lifecycle events / Trade Lifecycle
- 80-90% of this role is Daily P&L
Requirements / Qualifications:
- Bachelor’s degree in Finance, Accounting, or Economics
- 7-10 years experience in product control, valuation and/or financial reporting within a hedge fund or asset manager.
- Strong knowledge of financial products, hedge fund ecosystems and financial reporting standards
- Proven ability to work independently, problem-solve, manage oversight functions and drive process improvement
- Advanced technical skills with strong Excel and SQL/Python skills highly desirable
- Experience with Arcesium a plus.
