Tuesday, August 24, 2010

Can someone describe ';product control'; as it would related to investment banking/trading?

Product control jobs are specific to investment banking and are primarily involved in monitoring and calculating the profit and loss figures around products traded in the front office.





Jobs in product control involve working closely with traders to examine the trades, assess the risk and check regulatory measures. It is a natural progression for ACA newly qualified accountants leaving practice but is by no means restricted to these candidates.





Product control is an ever changing environment therefore newly qualified accountants looking at jobs in product control must thrive on change.





A newly qualified ACA would earn about 50-60k pounds per annum.

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