This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ business community. Please do not contact the recruiter directly. Job Summary • 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 within 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
📌 Specialist, Product Control (Bengaluru)
🏢 Standard Chartered Bank
📍 Bengaluru
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