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**Controllers, AWM Public Product Control, Associate** As an **Associate Controller**, you'll join the AWM Public Product Control team in Jersey City, responsible for equity, fixed income, alternatives, and derivative valuation across mutual funds. Key responsibilities include: - Price verification of fixed income securities, OTC derivatives, and other investments. - Developing valuation frameworks for new securities and products. - Interacting with internal teams, including Controllers Management, Portfolio Management, Trading, and support areas. - Preparing management reports and coordinating annual vendor due diligence. You'll need 2-5 years of experience in financial markets and investment management, with a preference for accounting, economics, or finance degrees and CFA, CPA designations. Strong analytical, organizational, and communication skills are essential. Proficiency in Microsoft Desktop Applications and AI tools is required. The salary range for this position is **USD 85,000 - 140,000**.
- Compensation
- $85,000 – $140,000 USD
- City
- Not specified
- Country
- United States
Currency: $ (USD)
Full Job Description
Summary:
- Work within the AWM (Asset & Wealth Management) Public Product Control team, which is responsible for oversight of equity, fixed income, alternatives and derivative valuation across mutual funds, separate accounts and hedge funds
- Responsible for the price verification of investments; including fixed income, equity and derivatives
- Interact with Controllers management, the portfolio management team and traders, as well as support areas such as Operations, Risk, Technology, Fund Accounting, Legal, Compliance and Investor Relations
Principal responsibilities include the following:
- Responsible for assisting in the price verification of fixed income securities, as well as over the counter (OTC) derivative positions held in the portfolios, including interest rate swaps, credit default swaps, equity and FX options
- Assist in the development of a valuation and price verification framework for newly traded securities, new funds and alternative products, in conjunction with key federation stakeholders (IT, Operations, Legal, Compliance, etc.) and the Portfolio Management/Trading teams
- Regular interaction with independent fund administrators to resolve daily valuation questions for securities (equities, fixed income and OTC derivatives) held in daily mutual funds, which includes making fair valuation recommendations
- Preparation of management reports and key valuation metrics for the Business, Controllers Management and Fund Boards
- Coordinate an annual vendor due diligence process with independent third party pricing vendors and brokers
- Responsible for reviewing and updating the Valuation Policy at least annually
Basic Qualifications:
- Accounting, Economics or Finance degree preferred, but not required
- CFA, CPA or work towards the designations preferred, but nor required
- 2-5 years experience in the financial markets and the investment management industry is preferred
- Requires a willingness and drive to understand valuation methods for the types of securities mentioned above
- Strong interpersonal (verbal and written communication) skills
- Ability to work in a team environment
- Strong analytical and organizational skills
- Ability to take initiative and work efficiently
- Proficiency in Microsoft Desktop Applications (Excel, PowerPoint, Word) and AI Tools, including Copilot
Salary Range
The expected base salary for this Jersey City based position is $850000-$140000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
