The Central PC Controls team is accountable for delivery of the end-to-end FM P&L; (Financial Markets) product & valuation control functions in GBS and manage different strategic initiatives for FM PC.
The Head of Central PC Controls works closely with the Line PC across FM , GBS and the PC senior management team in Bangalore & Singapore to deliver the objectives of the function.
Key Responsibilities
Strategy
Review/Prepare various reconciliation reports, management packs and adhoc reports.
Posting of month end Journals for accrual, provision and true up.
Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.
Business
Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to current system.
Ensure adherence to SLA's, KPI’s, Internal metrics & FMG wide policies.
Identify/ manage risk and control breakdowns.
Develop & maintain effective and standard processes. Maintain DOI's.
Perform the reconciliations between different data sets for the migration of systems.
Perform the testing for all the test cases and highlighted the results in time to the management.
Quarterly substantiation of Financial Market balance sheet.
IFRS 9 classification of Financial instruments, off balance sheet, and liabilities classification.
Processes
Responsible for running controls between system for Terada migration to Hadoop,
Testing of the results and sharing with senior management with in the central team.
Communicate with the program team on regular intervals on the update of the migration.
Risk Management
Ensure appropriate controls and reviews are maintained for Daily P&L; production, Core reconciliations, Month end close and Balance sheet substantiation.
Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulator
📌 Associate Manager (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru
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