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Quantitative Finance · Glossary

What is Product controller?

Definition 24.2 The Industry: Firms, Roles and Careers · Chapter 24 — Risk, Operations, Product Control and Compliance

A product controller is a member of the finance function who produces and explains each trading desk’s daily profit and loss independently of the desk, checks the prices the desk marks its positions at (independent price verification), and signs off the valuation reserves.

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