Associate Vice President, Product Control (Bengaluru)

Associate Vice President, Product Control (Bengaluru)

18 Aug
|
Standard Chartered India
|
Bengaluru

18 Aug

Standard Chartered India

Bengaluru

Job Summary

We are seeking a highly skilled finance professional with 10+ years of experience (Product Control experience preferred) with in-depth knowledge in IFRS 9 & IFRS 15 to help with recent deal review and revenue recognition. Candidate should have proven track record in establishing controls, stakeholder management, audit engagement, leading projects and representing PC in wider finance forums along with reviewing BAU, ensuring on-time delivery, team management and escalations management.

Manage a team managing Stressed Assets accounting and controls dealing across products
Responsible for the daily P&L; controls and analysis Non-Performing clients across various products.
Responsible for Credit loss provision, Interest & Income releases for Non-Performing clients.
Creation of independent process to substantiate ledger balances along with reconciliation to Subledger balances.
Production of timely and accurate Management Information reports relating Non-Performing clients .
Deep understanding for review and revenue recognition in line with IFRS9 & IFRS15 accounting standards.




Analysis and reasoning of Daily, Weekly and month Income fluctuations across the countries and Balance Sheet Movement for Non Performing Clients.
Actively engaging with stakeholders across multiple functions and representing PC on various forums.

Key Responsibilities

Responsible to oversee and review the BAU controls, reporting, and escalation process.
Establishing best practice across various PC process, streamlining and automation.
Review of Key Control Indicators (KCI) and Control Sample Testing (CST).
Supporting control & governance, external audits and regulators queries.
Support new business initiative and help execute on management strategies.
Lead project delivery and represent Product Control in project forums.

Strategy

Ensure Awareness and understanding of the Group’s business strategy and model appropriate to the role

Business

Awareness and understanding of the wider busin

📌 Associate Vice President, Product Control (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru

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