Praise for Effective Product Control
"Essential reading for those working in or with product control and anyone with an interest in banking and finance. The only book of its kind, well-written, easy to follow and packed full of practical examples."
—Keith Young, Product Control (Senior VP)
"Peter has produced an invaluable reference tool for any product controller starting out in their career (and provides great nuggets of pertinent information for more experienced controllers too). I wish this book existed when I was starting out."
—Daniel Pass, Head of Valuation Control
"Essential reading for a successful career in product control. This is an excellent overview of a product controller's work as it looks at the role from an end-to-end perspective. It is a valuable resource for people aspiring to be product controllers and those who have been in the industry for a few years. If you work in a third-party organisation and don't understand the overall controls framework, this is the book for you."
—Fahad Parvez, Product Control (Senior AVP)
" As a Chartered Accountant with over 10 years' experience in financial services and product control, I found this book to be very well-written and would recommend it to anyone interested in a career in banking or wanting a greater understanding of how banks implement control and report P&L."
—Michael Fraser, Chartered Accountant
The First Authoritative Guide for Product Controllers Globally
In the 1990's, with increasing volumes of trading, a greater pool of financial instruments and higher levels of complexity, it was necessary for banks to establish a dedicated function within finance to control evolving sales and trading desks. With that, management accountants morphed and grew into a function called Product Control, which came to dominate large swathes of finance, establishing footprints all over the developed world and later on, developing nations.
Effective Product Control is a detailed how-to guide for those entering the profession, auditors and regulators who review product control and established controllers wanting a refresher on the latest skills and core controls within the industry.
Created by a leading expert in the field as a tool to lead and train teams in large banking organisations, this compendium of cornerstone knowledge and up-to-date best practices will enhance your skills and understanding of product control.