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Product Control Jobs in New York (NOW HIRING)

Collabera

Product Control Analyst

New York, NY · On-site

Daily P&L on derivatives products, including risk attribution and explanation. * Daily interaction with the Correlation and Structured Finance desk to go over P&L and reserves. * Work close with ...

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Product Control information

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$11

$29

$63

How much do product control jobs pay per hour?

As of Aug 30, 2026, the average hourly pay for product control in New York is $29.77, according to ZipRecruiter salary data. Most workers in this role earn between $18.41 and $36.83 per hour, depending on experience, location, and employer.

What is product control?

Product Control is a key function within financial institutions, particularly investment banks, responsible for ensuring the accuracy and integrity of financial reporting relating to trading activities. The team works closely with traders, risk managers, and finance departments to reconcile and analyze profit and loss (P&L), validate balance sheet items, and ensure compliance with accounting standards. Their work helps identify errors, prevent losses, and support regulatory reporting, making them essential to the financial health and transparency of the organization.

How does the product control team typically collaborate with Front Office, Risk, and Finance departments?

Product Control professionals regularly interact with Front Office teams to verify the accuracy of trading activities, resolve discrepancies, and ensure proper valuation of financial products. They also work closely with Risk and Finance departments to support accurate profit and loss reporting, contribute to regulatory compliance, and provide input for monthly and quarterly financial statements. Effective communication and a collaborative approach are essential, as Product Control serves as a bridge between trading desks and support functions, helping to maintain robust controls and ensure the integrity of financial data.

What are the key skills and qualifications needed to thrive as a product control professional, and why are they important?

To thrive as a Product Control professional, a strong background in finance, accounting, and quantitative analysis is essential, often supported by a degree in finance or a related field. Familiarity with financial systems like SAP, Oracle, and advanced Excel, as well as certifications such as CFA or ACCA, is typically required. Attention to detail, analytical thinking, and effective communication enable professionals to accurately report and analyze trading results while collaborating with front office and risk teams. These skills are crucial for ensuring financial integrity, regulatory compliance, and timely decision-making within financial institutions.

What is the difference between Product Control vs Financial Control?

AspectProduct ControlFinancial Control
Primary FocusMonitoring and managing specific trading products and riskOverseeing overall financial reporting and compliance
Work EnvironmentTrading desks, risk management teamsFinance departments, accounting teams
Required CredentialsFinance or accounting degree, relevant certifications (e.g., CFA)Accounting or finance degree, CPA or equivalent
Industry UsageInvestment banks, trading firmsCorporations, financial institutions

Product Control focuses on managing trading activities and risk associated with specific financial products, while Financial Control handles overall financial reporting, compliance, and accounting functions. Both roles require finance or accounting credentials and are integral to financial institutions, but they serve different operational areas within the organization.

How much do product controllers make?

Product controllers typically earn a salary ranging from $70,000 to $150,000 annually, depending on experience, location, and the size of the organization. Senior roles or those in major financial centers can offer higher compensation, often supplemented with bonuses and benefits. Strong analytical skills and knowledge of financial systems are important for this role.
Product Control jobs near you
Infographic showing various Product Control job openings in New York as of August 2026, with employment types broken down into 79% Full Time, 18% Part Time, 2% Contract, and 1% Nights. Highlights an 90% Physical, 2% Hybrid, and 8% Remote job distribution, with an average salary of $61,919 per year, or $29.8 per hour.

Product Control Consultant

BizTek People, Inc. | APA International Placement Consultants

Manhattan, NY • On-site

$85 - $92/hr

Contractor

Medical, Dental, Vision, Retirement

Re-posted 7 hours ago

Job description


BizTek People is in search ofan experienced Consultant to support the Product Control team within the Finance function on the Loan IQ deployment program for our client in NYC!
Pay: $85-92/hour
Schedule: 40 hours a week; hybrid
Contract: 4 months with possibility of extension
Benefits: Health, dental, vision, and 401k + direct deposit
Key Responsibilities
  • Develop a thorough understanding of Product Control responsibilities and existing pain points.
  • Collaborate with Project and Finance Change teams to define and communicate Product Control requirements.
  • Participate in Loan IQ workshops to identify and address Product Control needs.
  • Assist in designing reconciliations between the Reporting tool and General Ledger.
  • Leverage Loan IQ and other reporting tools to optimize Product Control processes.
  • Develop and execute test cases and User Acceptance Testing (UAT) for Product Control, including migration testing.
  • Support UAT, migration, and go-live activities, ensuring timely issue escalation and resolution.
  • Contribute to ongoing P&L production, reporting, and reconciliation activities as needed.

Qualifications
  • Subject matter expertise in Loans, including both primary and secondary market loans.
  • Hands-on experience with Loan IQ from a Finance or Product Control perspective.
  • Proven involvement in Loan IQ deployments and UAT phases.
  • 10+ years of experience in Product Control or Finance within the financial industry.
  • Strong Excel and analytical skills.
  • Excellent communication and stakeholder management abilities.
  • Degree in Accounting or Finance (or equivalent).

Keywords: Loan IQ, Product Control, Finance, UAT, Reconciliation, Reporting, Financial Analysis, Loans, Accounting, Excel

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