Head of Product Control & IPV (OTC Derivatives)

Location: New York; employees are required to work in the office 4 days per week.

Base salary: $150,000–$200,000 per year, excluding bonuses and equity.

Company

hirify.global provides a cloud-native capital markets platform giving sophisticated investors access to multiple asset classes and markets.

What you will do

• Design and implement the end-to-end Product Control function, including policies, procedures, controls, governance, escalation protocols, and price challenge processes.
• Establish and operate independent price verification across equities, listed options, fixed income, futures, OTC derivatives, synthetic financing, crypto, and prediction markets.
• Own daily P&L production, attribution, validation, dispute resolution, and sign-off across cash equities, listed options, futures, financing, stock loan, and crypto.
• Partner with Trading, Risk, Operations, Technology, Finance, Accounting, Legal, and Compliance on valuation controls, reporting, systems, and regulatory requirements.
• Own month-end close support, trading balance sheet substantiation, fair value hierarchy analysis, management reporting, and audit and regulatory engagement.
• Build and scale the Product Control team, automate manual controls, and remediate control gaps.

Requirements

• 10+ years of experience in product control, financial control, or valuation at a broker-dealer, investment bank, or prime brokerage.
• Demonstrated experience building or significantly scaling a Product Control or IPV function, rather than only running a steady-state team.
• Deep expertise in OTC derivatives product control, including equity swaps, TRS, variance swaps, credit derivatives, rates, and/or FX.
• Meaningful experience across several of equities, options, futures, prime brokerage, securities financing, and cleared derivatives.
• Expert understanding of derivatives pricing and valuation, including Greeks, yield curves, volatility surfaces, credit spreads, and fair value adjustment frameworks.
• Strong understanding of P&L attribution methodologies across asset classes.
• Familiarity with Bloomberg, Reuters/Refinitiv, Markit/IHS Markit, SuperDerivatives, or equivalent pricing sources.
• Proficiency in Excel for data analysis and experience with trading systems, including proprietary and vendor systems.
• Solid understanding of GAAP fair value accounting under ASC 820 and financial statement presentation for trading entities.
• Ability to hire, develop, and retain talent; collaborate with traders, risk managers, operations, and accountants; challenge pricing and P&L professionally; and communicate clearly in writing and verbally.

Nice to have

• Prior exposure to CFTC-regulated entities such as swap dealers, FCMs, or DCOs.
• Experience with CVA, DVA, and FVA frameworks.
• Crypto asset experience.

Culture & Benefits

• In-person, collaborative work environment with four office days per week.
• Competitive compensation with company equity and 401(k) matching.
• Gender-neutral parental leave and full medical, dental, and vision insurance.
• Lunch stipends, stocked kitchens, and employee social events.
• Focus on collaboration, diversity of ideas and experiences, and a high-performance workforce.