2 months ago
Head of Product Control & IPV (Fintech)
13 333 - 18 750$
Vacancy from Hirify Global, list of international tech companiesPlus is required to make matches and apply
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Job description
Text:
TL;DR
Head of Product Control & IPV (Fintech): Building and leading the firm's Product Control and Independent Price Verification (IPV) function from the ground up with an accent on derivatives valuation and P&L production. Focus on designing governance frameworks, automating manual controls, and ensuring regulatory readiness for SBSD/OTC Swap Dealer requirements.
Location: Must be based in New York (in-office 4 days per week)
Salary: $160,000–$225,000 base
Company
Diversified financial services firm replacing legacy brokerage infrastructure with a cloud-native clearing and custody system.
What you will do
- Design and implement the end-to-end Product Control function, including policies, controls, and governance.
- Establish and operate the IPV framework across diverse asset classes, including OTC derivatives and crypto.
- Own daily P&L production, attribution, and sign-off across all business lines.
- Partner with Technology to implement a fit-for-purpose product control platform.
- Lead the build-out of the team and oversee the fair value hierarchy analysis (Level 1/2/3).
- Serve as the primary point of contact for internal/external auditors and regulators.
Requirements
- 10+ years in product control, financial control, or valuation at a broker-dealer or investment bank.
- Proven experience building or scaling a Product Control or IPV function.
- Deep expertise in OTC derivatives (equity swaps, TRS, variance swaps, etc.).
- Expert knowledge of derivatives pricing (Greeks, yield curves, vol surfaces).
- Strong understanding of GAAP fair value accounting (ASC 820).
- Experience with CFTC-regulated entities is strongly preferred.
Nice to have
- Experience with crypto assets.
- Knowledge of CVA/DVA/FVA frameworks.
Culture & Benefits
- Competitive compensation including company equity and 401k matching.
- Comprehensive medical, dental, and vision insurance.
- Gender-neutral parental leave.
- In-office perks: lunch stipends, fully stocked kitchens, and a prime NYC location.
- Culture of high performance, collaboration, and diversity.
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