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 the function. We are seeking a dynamic and technically skilled professional to join our PC team. This role will play a pivotal part in expanding the Bank’s Product Control, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives. The successful candidate will work for Product Control, working closely with Technical Accounting, Macro, Traded Risk, and other key stakeholders to deliver best-in-class controllership across the Group.

Key Responsibilities
Strategy
- Manage a team covering various product categories and regions. (Asset classes: Rates / FX / FXO / Com / XVA)
- Ensure appropriate controls and reviews are maintained for Daily P&L; production, Core reconciliations, Month end close and BSRS.
- Ensure the teams are performing timely lockdown of daily and monthly P&L.;

Business




- Should be able to substantiate daily and monthly adjustments held in P&L; and control accounts.
- Review monthly balance sheet, with substantiation and potential financial exposure.
- Review various reconciliation reports, management packs and adhoc reports.
- Review of month end Journals for accrual, provision and true up.

Processes
- Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.
- 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 KOP's/DI's.
- Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to current system

People & Talent
- Lead through example and build the appropriate culture and values
- Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions

📌 Senior Manager, Product Control (Chennai)
🏢 Standard Chartered India
📍 Chennai