Totally O/T - Product Contol
Discussion
This is totally off topic but seeing as there seems to be more and more PHers out of work I thought it worth a shot.
I am recruiting for a Product Controller, for a bank in the City. 5 years+ experience, Fixed Income / Equities. 70-80k base + the usual Bnfts.
Mail me offline if you are interested or might know someone who is.
Thanks.
I am recruiting for a Product Controller, for a bank in the City. 5 years+ experience, Fixed Income / Equities. 70-80k base + the usual Bnfts.
Mail me offline if you are interested or might know someone who is.
Thanks.
Most of it is not the ex barrow boy, red braces sort, or even the public schoolboy daddy got me in sort either.
"The city" is a huge employer, with thousands of different roles. There are, I believe 800,000 of u in London. (which, by the way, is the financial capital of the world).
Product controllers (people who check that I'm not doing a Nick Leeson) are very often ex accountants. Most jobs, though, can be got into through the banks' annual recruitment and training course.
They are looking for academically able people who seem very interested in a career in the city. Background is not as restrictive as people might think, but you will have a hard time working in a major role in a good bank without a good degree behind you.
If anyone's interested, I'd recommend that they read Liar's Poker, by Michael Lewis. Things have calmed down since his day, but it outlines a bit about what we do.
Mainly, the City is a big marketplace. We are allowing risk to be packaged up, and bought and sold. The rson tha tthere is so much money floating around is that all big businesses will tend to need to use the banks at some point, if they want to raise capital, take out a loan, buy insurance, or hedge themselves against price movements. This leads to big flows, and in exchange for always guaranteeing to provide a price in everything they need, we charge.
It's a good job. Hard, but interesting, and of course, the fact that it's well paid helps.
"The city" is a huge employer, with thousands of different roles. There are, I believe 800,000 of u in London. (which, by the way, is the financial capital of the world).
Product controllers (people who check that I'm not doing a Nick Leeson) are very often ex accountants. Most jobs, though, can be got into through the banks' annual recruitment and training course.
They are looking for academically able people who seem very interested in a career in the city. Background is not as restrictive as people might think, but you will have a hard time working in a major role in a good bank without a good degree behind you.
If anyone's interested, I'd recommend that they read Liar's Poker, by Michael Lewis. Things have calmed down since his day, but it outlines a bit about what we do.
Mainly, the City is a big marketplace. We are allowing risk to be packaged up, and bought and sold. The rson tha tthere is so much money floating around is that all big businesses will tend to need to use the banks at some point, if they want to raise capital, take out a loan, buy insurance, or hedge themselves against price movements. This leads to big flows, and in exchange for always guaranteeing to provide a price in everything they need, we charge.
It's a good job. Hard, but interesting, and of course, the fact that it's well paid helps.
Gassing Station | General Gassing [Archive] | Top of Page | What's New | My Stuff