Head of Product Control & IPV
Core
Build and lead the Product Control function from the ground up, owning independent price verification (IPV), daily P&L production, and controls for a diverse set of financial products.
Role type
Head of Product Control & IPV (Foundational Hire)
Builds
End-to-end Product Control function, IPV framework, P&L reporting systems, and OTC/SBSD control infrastructure.
Domain
Capital Markets / Financial Services / Derivatives
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure
Required skills
Product control function build-out, Independent Price Verification (IPV), OTC derivatives valuation, P&L attribution, GAAP fair value accounting (ASC 820), team building from scratch, regulatory compliance (CFTC/Dodd-Frank)
Preferred skills
Crypto asset experience, CVA/DVA/FVA frameworks, proprietary trading systems experience
Technologies
Bloomberg, Reuters/Refinitiv, Markit / IHS Markit, SuperDerivatives, Excel
Responsibilities
Design and implement Product Control policies and governance frameworks; Establish IPV processes across equities, options, fixed income, futures, and OTC derivatives; Own daily P&L production, validation, and sign-off; Build and scale the Product Control team; Partner with Technology to implement product control platforms; Act as primary contact for internal/external audit and regulators.
Seniority
Senior, hands-on IC building a function