Product Controller - Equities

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 movements

Valuation & 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 resolution

Financial & 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 submissions

Risk & 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.