Product Controller (VN3262)

Marex•New York, NY

11d

About The Position

The Product Controller supports Marex’s US Capital Markets businesses by managing production of profit and loss reporting and analysis, as well as monthly balance sheet substantiation, reporting, and analysis. The role serves as a trusted business partner, collaborating closely with business units to ensure accurate financial control and reporting. It also supports desk performance inquiries and works with front-office personnel, desk managers, Operations, outsourced back-office Operations, and Treasury Operations to facilitate financial reporting and controls. The position includes responsibility for daily reporting across Capital Markets products, maintaining data integrity and system interfaces, preparing and monitoring accruals, investigating and correcting reconciliations and trade breaks, and maintaining automated reporting on regulatory capital and working capital usage. The Product Controller must adapt to a fast-paced, high-volume environment and ensure compliance with applicable regulatory requirements and company policies, risk frameworks, and conduct standards.

Requirements

At least 7 years of accounting experience at a reputable FINRA broker-dealer or bank trading operation.
Bachelor’s degree in accounting or finance.
Strong Microsoft Excel skills.
Experience interacting with trading desks.
Experience working with Broadridge and Pershing applications.
General knowledge of financial products, including fixed income (ABS/MBS, corporate bonds, TBAs, and repo), equity, equity options, securities lending, and derivatives.
Organized and process-oriented, with the ability to define and document processes and procedures.
Excellent verbal and written communication skills.
Experience working in a regulated environment and knowledge of associated risk and compliance requirements.
Curiosity and resilience in a challenging, fast-paced environment.
Ability to take substantial responsibility in a fast-paced, high-volume environment.
Ability to build relationships, network, and influence others.
Ability to collaborate strategically, anticipate future challenges, and support operational effectiveness.

Nice To Haves

Microsoft Access, SQL, Python, and related database skills.

Responsibilities

Oversee daily P&L reporting for Capital Markets products, including equity swaps, repos, stock loans, corporate bonds, equities, and options.
Ensure data integrity in the sub-ledger system reconciliation process.
Manage static data for multiple system interfaces and maintain accuracy across platforms.
Prepare month-end accruals related to broker-dealer activities.
Monitor daily expense accruals based on cost drivers and financial products.
Identify trade breaks and prepare journal entries to adjust discrepancies.
Reconcile the General Ledger to sub-ledgers, investigate variances, and implement corrective actions.
Automate and maintain daily financial reporting on regulatory capital and working capital usage.
Identify and address data quality issues, including position breaks and pricing discrepancies.
Provide accurate daily reporting to senior management, adapting quickly to changing needs.
Manage ad-hoc reporting and performance analysis for broker-dealer business units.
Research and respond to inquiries regarding desk performance.
Support front-office personnel and desk managers to facilitate smooth operations and accurate financial reporting.
Work with Operations, outsourced back-office Operations, and Treasury Operations on financial reporting and controls.
Ensure compliance with regulatory requirements under the SEC, FINRA, NFA, CFTC, and applicable exchanges.
Adhere to the operational risk framework and ensure compliance with regulatory and company parameters.
Demonstrate integrity and conduct consistent with Company Values and comply with Marex’s Code of Conduct.
Remain aware of and adhere to applicable internal policies; report policy breaches to Compliance or a supervisor, escalate risk events immediately, and contribute to risk management processes as required.
Carry out other duties as required by the Company.