UK
Tag: Product Controller
GUEST COMMENT: Here’s how product controllers can escape investment banking
In the mid- late 2000’s product control was typically seen as the entry point into investment banking for most qualified accountants. It was usually viewed as a springboard for a career in finance or sometimes, more optimistically, as a stepping stone to a trading position. Those that stuck with it could eventually make VP or [...]
Post Kweku, it should still be possible to move out of the middle office
The combined efforts of Nick Leeson, Jerome Kerviel and Kweku Adoboli, each of whom used or appear to have used (it’s too early to say definitively in the case of Kweku) their knowledge of back office systems and processes to perpetrate rogue trades, all suggest one thing: no more moves out of the middle office [...]
It looks like Nomura wants to hire ACAs into potentially exciting jobs in the front office
If you’re an ACA who is failing to feel the passion for audit, or you’re a product controller who’s decided monitoring P&Ls isn’t as engaging as you’d hoped, we have good news: Nomura appears to be hiring ACAs for equity research and M&A and ECM and DCM and leveraged finance and ‘risk solutions’ (credit, inflation [...]
Is this the perfect job for moving into the front office?
Someone, somewhere, is receiving multiple offers. According to the latest missive from recruiters Robert Walters, multiple offers are still happening in the world of ‘investment management finance.’ Here, there are not only loads of jobs and plentiful offers but people able to negotiate, “favourable packages.” In particular, Robert Walters says there’s an abundance of hiring [...]
GUEST COMMENT: How to escape the job you took in desperation in 2009
The worst of the financial crisis happened nearly three years ago. But for some people it isn’t over. For some people, its repercussions are felt every day, in the form of a job far below their pay or experience grade. In the dark days of 2009, people took jobs for the sale of CV continuity. [...]
GUEST COMMENT: Product controllers are the new internationally mobile banking professionals
All the major financial institutions in Singapore are once again hiring experienced product controllers, with volumes back to pre-crisis levels at some banks. Most large European and American investment banks currently have around 20 to 30 vacancies in this specialist accounting area at any one time. Post global financial crisis, the standard of technical knowledge [...]
Are recruiters mis-selling product control roles?
To the layman, product control doesn’t look particularly exciting. After all, who would be inclined to spend their days totting up the P&Ls of irascible traders whilst earning a fraction of their pay. For this reason it’s often assumed that the throng of newly qualified accountants which floods into the City each year has been [...]
Is product control truly such a nice steady job?
Many recruitment firms would have naïve newly qualified accountants think otherwise, but product control is not really very exciting. It might be ok if you derive immense gratification from totting up P&Ls for ungrateful traders, but it’s not so hot if you’d rather put your accountancy skills to use in a more strategic context. But [...]
Credit Suisse, Singapore: Product control (industrial placement)
Question Why Credit Suisse? Candidate’s answer Credit Suisse is well reputed for its control measures, and is a well-known bank with a focus on the employee. Question What do you know about product control? Candidate’s answer It’s repsonsible for P&L generation and supports the front desk. It also helps catch out incorrect trades and test [...]
Hot tip for 2009: Integration accountants
It hasn’t happened yet, but logic suggests it will happen soon: at some point, banks that are merging will need an army of accountants to help integrate their businesses. Current, recent and imminent mergers include RBS and ABN, Nomura and Lehman Brothers, Merrill Lynch and BofA, and (probably) Lloyds and HBOS. Recruiters say RBS and [...]
Follow eFinancialCareers
What is RSS?
Advice
