Fixed Income Product Controller - Warsaw, Poland (hybrid)

Fixed Income Product Controller - Warsaw, Poland (hybrid)

Requisition ID: 27059

Country: Poland

Location type: Hybrid

State / Province: Mazowieckie

City: Warsaw

About Us

Korn Ferry is a global consulting firm that powers performance. We unlock the potential in your people and unleash transformation across your business - synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. That's why the world's most forward-thinking companies across every major industry turn to us - for a shared commitment to lasting impact and the bold ambition to Be More Than.

Headquartered in Los Angeles, our over 9,000 colleagues globally serve clients in more than 50 countries. We offer five core capabilities that span the full talent lifecycle:

• Organizational Strategy
• Assessment and Succession
• Talent Acquisition
• Leadership Development
• Rewards and Benefits

Main Purpose of the Role:

We are supporting a leading international financial services organization in their search for a Fixed Income Product Controller to join their team in Warsaw. The organization is recognized for its commitment to operational excellence, innovation, and professional development. Their Warsaw office plays a strategic role in supporting both regional and global functions, fostering a culture of collaboration and continuous improvement.

The role is for a Fixed Income Product Controller is newly created following the expansion of the Client's Fixed Income business. The asset classes covered are High Yield and Emerging Market bonds of MENA markets.

The Product Controller is responsible for:
1. Daily P&L reporting of Fixed Income Desks
2. Monthly legal entity close bookings and balance sheet substantiation

Both duties report into the Cantor Head of Product Control EMEA (London Office).

The Product Controller will:

• Prepare daily fixed income P&Ls and lead on explanations of daily P&L movements.
• Partner with US Fixed Income Product Control to establish robust and best in class product control processes for the new business.
• Liaise with functional support groups (trade support, front office IT, operations etc), US group reporting, front office traders and business management. The role requires the individual to interact with senior management in finance and the front office businesses.
• The front office and finance management require high standards and are demanding in their requirements. The Product Control team work hard to meet deadlines and ensure complete, accurate and timely P&Ls are reported to the trading desks and management.
• The role requires strong multitasking skills, clear communication, and a deep understanding of Client's Fixed Income and related businesses, with close collaboration with US Product Control. Beyond daily P&L production, the position focuses on enhancing and streamlining reporting processes, demanding solid controls knowledge, comfort working with large data sets, advanced Excel skills, and the ability to support delivery of the Finance AI strategy.

Job Location:

Warsaw, Poland

Key Responsibilities:

• Prepare daily P&L for trading desks.
• Understand daily P&L movements and be able to explain them clearly and concisely.
• Perform daily and monthly IPV for trading inventories.
• Maintain and update models for charging out cash capital and liquidity reserves.
• Responsible for month end close processes including P&L and Balance Sheet reconciliations and posting ledger entries.
• Revenue and balance sheet substantiation at a currency level
• Ensure the month end closing schedule is completed in an accurate & timely manner.
• Provide analysis to the business and senior management on an as needed basis – for example, a monthly comparison of reported to actual P&L analysis which explains the variances.
• Propose new procedures which streamline reporting, improve accuracy and efficiency.
• Assist with the implementation of new systems infrastructure and develop process improvements.
• Be a key liaison with the external auditors (EY), regarding account balances and product control processes.
• Support the Head of Product Control with ad-hoc issues (e.g. new business transaction accounting and reporting).
• Be alert to Conduct Risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm

Skills / Experience required:

• Accounting experience (ideally part/fully qualified accountant but will consider unqualified with relevant experience)
• Must have prior experience of product control and Fixed Income products.
• Interest in and awareness of financial services and financial instruments
• Strong problem-solving skill set
• Communicate in a clear, articulate and appropriate manner. Adapt communications to suit different situations, individuals or teams.
• Ability to demonstrate the following behaviours: Continuous Improvement, Flexibility and Professional Scepticism
• Interest in developing and continuously strengthening controls and processes.
• Willing to adapt to changing situations and willing to implement improvements to enhance efficiency and the control environment, when identified.
• Confidence and ability to interact with Front Office and functional support areas.
• An understanding of the importance of balance sheet substantiation and the integrity of the information that will be derived by the Product Control team.
• Works well with others – team oriented.
• Ability to multi task.
• Self-motivated who excels in a high-pressure, hands-on environment.
• Organised and able to prioritise under tight and conflicting deadlines.

System required:

• Bloomberg Front End Trading Platform
• FIS Phase 3 Sub Ledger
• FXL
• Microsoft Office (Excel, Word, Teams )

Personal attributes:

• Highly motivated, self-starter unafraid to ask questions and seek answers.
• Willing to take ownership, work without close supervision, while also being a team player
• Able to use judgement to implement changes to improve processes.
• A good organiser with the ability to multi-task
• Proactive and adaptable, able to work well under pressure.
• Analytically minded with attention to detail
• Intellectually curious with a desire to learn and understand complex new processes.

Korn Ferry may use AI as part of its recruitment process, but all hiring decisions are made by humans.

Internal Mobility at Korn Ferry

If you currently work for Korn Ferry or one of our affiliates, you must be eligible to apply for a different position within Korn Ferry to use the Careers Site. If you accept such a position, your benefits programs and Human Resources policies may change. Please consult with your HR contact for the new position concerning application eligibility, including any immigration/visa needs, benefit programs, and HR policies applicable to that position.

Korn Ferry is an Equal Employment Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or veteran status or any other characteristic protected by federal, state, or local law.