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Derivatives Product Control

Sam Acme

123 83rd Street

New York, NY 00000


Product Controller with experience in financial analysis, accounting, and risk management.


- 16 years of experience in management, strategic planning, and financial analysis.

- Thorough understanding of derivative product control.

- Excellent familiarity with accounting principles.

- Knowledge of profit & loss components of a variety of equity products.

- Proficient in MS Office, UNIX, Shell Script, SQL, Bloomberg, E-Spear, Coda Financials, MSA G/L


Nomura Securities International, New York, NY 2006 - Present

Vice President, Derivatives Product Control Manager

Managed staff of 6 responsible for daily P&L and general ledger for credit derivatives.

- Incorporated commodity derivative product into production.

- Revise and distribute monthly expense allocation to different business units.

- Maintain all FAS 133 standards.

- Collaborate with senior management on new structured deals.

- Provide daily analysis of risk positions and change in product exposure.

- Monitor trading activity and maintain accurate balance sheet.

- Monthly review of interest rate spreads, valuation, and risk exposure.

- Produce daily reports on delta, gamma, theta, and vega from market movements.

Lehman Brothers, New York, NY 2005 - 2006

Vice President, Product Control - High Yield Loans. Responsible for GL and daily P&L for 5 high yield bank loan traders.

- Brought financial statements up to FAS 157 and 159 guidelines.

- Verified and documented Sarbanes-Oxley compliance.

- Improved P&L distribution within the company to include commentary on trends and strategy-based profitability analysis.

- Analyzed changes in portfolio composition and derivative exposure.

Salomon Smith Barney, New York, NY 2000 - 2005

Assistant Vice President, Derivatives Product Control, 2003-2005

- Produce daily P&L report and commentary.

- Resolve discrepancies between trader information and product control P&L.

- Hired and trained staff in growth of department from 2 to 5.

- Present month-end results and commentary at senior management meetings.

- Perform risk analysis on all books using multiple stress models.

Assistant Vice President, Financial Analyst, 2000-2003

- Produced trading desk P&L and reported changes in delta, gamma, theta, and vega on equity derivatives.

- Conduct weekly management meetings to identify and resolve financial issues.

- Report on risk of credit derivative positions.

- Analyze bid-ask spread for using in portfolio valuation and daily mark to market.

- Interacted with U.S. Treasury Department on reviews of commodity swaps.

- Collaborated with external auditors for annual audit.

JP Morgan, New York, NY 1993 - 2000

Product Controller, Commodities, 1999-2000

- Produced month-end close for Base Metals and Energy.

- Managed general ledger software systems upgrade.

- Automated reporting from GL system and trading systems.

Senior Risk Analyst, 1996-1999

- Perform portfolio scenario analysis and stress tests.

- Analyze market risk based on delta, gamma, and vega.

Product Analyst, 1993-1996

- Reported on risk of credit derivative positions.

- Performed price verification of illiquid securities.

Lehman Brothers, New York, NY 1990 - 1993

Trade Analyst

- Price verification of commodities, currency exchange rates, and option premiums.

- Analyzed daily P&L and hedges for commodity derivatives.


B.A., Economics, State University of New York (1987)

MBA, Columbia University (1990)

Series 7 and 63 license

Certified Oracle Developer, SQL, PL/SQL

Keywords: product control, derivatives analysis, risk analysis, risk management

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