Fixed Income Product Controller

Duties:

Stephen Flaim (***)
Work schedule: Hybrid 50% in office
Job Description
Company Profile:
Mizuho is one of the largest financial institutions in the world, offering comprehensive financial and strategic services, including banking, securities, trust and asset management, credit card, private banking, and venture capital, through its group companies including Mizuho Bank and Mizuho Securities.

Position Summary:
A Fixed Income Division (FID) Product Controller is responsible for the accounting and financial reporting of the fixed Income trading desks.

FID Product Controllers are responsible for the monitoring of transactions, P&L, and act as a primary control function.


Essential Job Duties:
" Work closely with front office personnel in producing daily, weekly, and monthly P&L results and analysis.
" Investigate and resolve P&L discrepancies arising from incorrect booking of trades, missing deals, system errors, or valuation issues.
" Liaison with various areas within the firm (e.g. Front Office, Operations, Technology, Middle Office and Market Risk)
" Continue developing and improving the Internal Control environment through critical evaluation of current controls and processes and utilization of best practice.
" Complete the month end closing process for balance sheet reconciliation and substantiation.
" Ad hoc requests from the desk
" Drive process and system improvements through participation in various project initiatives.
" Assess new trades for appropriate valuation, accounting treatment, and disclosure in the financial statements.

Skills:

Qualifications:
" 5+ years of Product Control experience Preference with experience with either Municipals, Loan Trading (LoanIQ), or Securitized Products
" Familiarity with accounting principles
" High attention to detail
" Fast learner and team player
" Strong analytic and problem-solving skills
" Highly proficient in Excel (v-lookups, pivot tables)
" Strong interpersonal and communication skills; the ability to clearly articulate ideas
" Accounting or Finance degree required