How marketable is a position in equity derivatives product control (eg IPV) and what pay can i expect?

Assuming the position is at any of the big investment banks.

Having worked in several large NYC banks, there are quite a few jobs in product control...it is very marketable as long as you want to stay in NY. Different companies have different names for the position (e.g. middle office, business controller). Keep learning about different products, because you can use this knowledge to move into product control jobs supporting other derivatives and trading jobs.

For a junior controller...I would think about $60-80k. Middle Level controller maybe $80-120k. Senior Controller maybe $120-180k. Also, think about grooming yourself for a risk management position, where you have higher potential...$200-$400k for a senior level position. Good luck!

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