Product Control Trade Manager

Middle Office professionals play a pivotal role in the financial industry, overseeing daily operations and ensuring smooth trading processes.

The Middle Office Manager, Product Control is responsible for leading this effort, focusing on trade controls, profit & loss production, and risk management.

Key Responsibilities

• Lead the team in daily trade controls, checks, and management P&L reporting.
• Ensure timely production of daily P&L for trading books, maintaining consistency and integrity.
• Resolve queries from traders and internal departments related to P&L.

Detailed Responsibilities :

Validate internal trade physical and paper marks.

Verify physical commodities and derivative deal entries for accurate capture into the Allegro system.

Maintain forward curves and trading algorithms.

Manage contracts and confirmations for financial trades.

Perform daily reconciliation of internal systems against clearing banks for exchange-traded products.

Manage relationships with clearing brokers and clearing banks.

Monitor trading activity and report any unusual or suspicious transactions.

Support market and credit risk monitoring activities.

Assist Treasury with margin management processes.

Support Finance in month-end financial closing.

Prepare summary reports (weekly, monthly) on key analytics and trading metrics.

Engage in active discussions with Front Risk and Risk teams regarding trading strategies and positions.

Provide leadership to MO teams across global trading offices, including training, mentoring, coaching, and professional development guidance.

Represent the MO team in Technology initiatives and other MO transformation projects.