Job Summary
The Product Control GBS is accountable for delivery of the end-to-end product & valuation control functions in GBS and lead different strategic initiatives for Treasury including Hedge Accounting Control & Solutions.
We are seeking a dynamic and technically skilled skilled to join our Treasury team. This role will play a pivotal part in expanding the Bank’s hedge accounting capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives. The successful candidate will work for HA Control & Solution center of excellence, working closely with Technical Accounting, Treasury, IRRBB, Product Control, and other key stakeholders to deliver best-in-class hedge accounting solutions across the Group.
Key Responsibilities
Strategy
- Proactively identify and evaluate hedge able exposures across the Bank to expand hedge accounting capacity; collaborate with IRRBB and Treasury to design strategies eligible for hedge accounting treatment.
- Support Proof-of-Concept (PoC) initiatives for new hedge strategies,
including simulations and stress testing using in-house systems to assess hedge effectiveness through both automated and manual approaches.
Business
- Partner with Technical Accounting, Group Reporting, and Product Control to drive compliance with applicable accounting standards (e.g., IAS 39, IFRS 9).
- Help build robust valuation models for hedged risks to support prospective and retrospective hedge effectiveness testing, in collaboration with Valuation Control and other key stakeholders.
Processes
- Help Drive system enhancement efforts by shaping hedge-related functionality, drafting business requirements (BRDs), and overseeing UAT activities with Product Control, Treasury Change and IT teams.
- Design tactical interim solutions for early implementation of new strategies, including development of manual pricing logic and reporting processes, in partnership with Product Control.
- Collaborate closely
📌 Senior Manager, Hedge Accounting Solutions (Bengaluru East)
🏢 Standard Chartered India
📍 Bengaluru East
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