The Senior Product Controller will play a key role within Finance, primarily supporting the Business Area Control team while contributing to Financial Reporting

Working closely with Front Office, Risk, Operations and senior Finance stakeholders, the post-holder will provide technical expertise, commercial judgement and effective challenge across product control, financial control and reporting matters.

Reporting to the Head of Regulatory & Corporate Reporting, the role will support DCME and DCMD reporting, statutory accounts activity and key governance forums, while acting as a trusted adviser to the business on accounting, valuation and control considerations.

BAC

• Provide senior oversight of daily trading desk P&L, ensuring accurate analysis, clear commentary and timely explanation of key movements.
• Maintain ownership of trading-related balance sheet integrity, including substantiation, issue resolution and robust financial controls.
• Act as senior Finance contact for complex products, new business initiatives and non-standard transactions, ensuring appropriate accounting, valuation and control treatment.
• Oversee IPV and valuation adjustment processes, providing governance, challenge and documentation.
• Lead month-end close and quarter-end Tokyo reporting for trading portfolios, ensuring outputs are complete, accurate and consistent.
• Drive Finance Transformation activity by improving processes, controls, systems, data quality and automation across Product Control.
• Prepare concise materials for senior governance forums, including SMCR meetings, highlighting risks, issues and developments.

Financial Reporting

• Support month-end close, reconciliations, group reporting and statutory reporting activities.
• Review and challenge close outputs, material movements and adjustments to ensure accuracy and compliance with accounting standards.
• Contribute to the annual statutory accounts process, including financial instrument disclosures, accounting judgements and audit queries.
• Strengthen links between BAC and Financial Reporting, improving transparency, efficiency and control.

• Strong product control and financial control experience, ideally within financial services.
• Excellent written and verbal communication skills, with the confidence to influence senior stakeholders.
• Proven leadership capability, including driving change, improving controls and delivering results.
• Strong analytical skills, sound judgement and ability to explain complex financial information clearly.
• Highly organised, detail-focused and able to prioritise effectively in a fast-paced environment.
• Comfortable working through ambiguity and influencing across a matrix organisation.
• Advanced Excel skills and experience using financial systems, including general ledger systems.
• Good understanding of the end-to-end transaction cycle, controls and process improvement opportunities.

Qualifications:

ACA/ACCA/CIMA qualification (or equivalent)