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 energetic and technically skilled qualified 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 current strategies, including development of manual pricing logic and reporting processes, in partnership with Product Control.
Collaborate closely

📌 Senior Manager, Hedge Accounting Solutions Bengaluru
🏢 ACCA Careers
📍 Bengaluru