Director, Equity Derivatives Product Control

A leading global investment bank is seeking a Director-level professional to lead Product Control coverage for the Equity Derivatives business. This role will serve as a senior finance partner to the trading desk, risk management, valuation control, and senior management, with responsibility for ensuring accurate P&L reporting, robust valuation governance, and strong control oversight across a broad range of equity derivative products. The ideal candidate brings deep knowledge of equity derivatives valuation and market risk, strong leadership capabilities, and the ability to operate effectively in a fast-paced front-office environment. Key Responsibilities Product Control & P&L Oversight Lead daily Product Control activities for Equity Derivatives trading desks, including P&L production, attribution, and analysis. Review and validate daily, monthly, and quarterly P&L across flow and exotics businesses, ensuring accuracy and completeness. Analyze and explain key P&L drivers, including Greeks, market movements, new trades, reserves, and valuation adjustments. Oversee balance sheet substantiation and ensure compliance with internal accounting and regulatory standards. Valuation Control & IPV Manage Independent Price Verification (IPV) processes for equity derivatives, including vanilla options, structured products, variance swaps, correlation products, and hybrid instruments. Evaluate model assumptions, valuation methodologies, liquidity reserves, bid-offer adjustments, and prudent valuation frameworks. Partner with Valuation Control, Quantitative Analytics, and Market Risk teams to enhance pricing methodologies and control frameworks. Ensure appropriate governance around fair value hierarchy classifications and valuation adjustments. Strengthen control frameworks related to market risk, valuation uncertainty, and financial reporting. Drive governance initiatives supporting regulatory expectations, audit requirements, and internal policy compliance. Escalate material valuation or control issues to senior management in a timely manner. Coordinate responses for internal audit, external audit, and regulatory examinations. Business Partnership Act as a trusted advisor to Front Office trading and structuring teams on valuation, P&L, and balance sheet impacts. Support new product approvals, strategic initiatives, and system implementation projects. Provide financial analysis and insight to senior management regarding business performance and risk exposures. Collaborate with technology teams to automate controls, improve reporting infrastructure, and enhance data quality. Leadership & Team Management Lead and mentor a team of Product Controllers across Equity Derivatives coverage areas. Foster a strong risk and control culture while promoting operational excellence and continuous improvement. Drive talent development, performance management, and succession planning within the team. #J-18808-Ljbffr Atlas Search