06 Sep
|
HSBC Global Services
|
Bengaluru
06 Sep
HSBC Global Services
Bengaluru
Job Title: Valuation Controller
Purpose of the role
Controllership is an expert function, that exists to deliver trust in the numbers that it is the custodian of, providing both insight and running controls and processes, enabling the business to grow and succeed safely. Controllership instils credibility with our regulators and drives understanding of HSBC’s businesses. The Product Control (PC) function is an integral part of Controllership and provides independent control and assurance, product expertise, commercial insight and guidance to all businesses involved in trading activities throughout HSBC. We also partner the business to achieve sustainable financial performance. Reporting to the Global Head of Product Control, The Head of Governance, Controls and Model Oversight is a critical role in the Global PC structure, in charge of driving governance and controls across the 3 main areas of Core Product Control and Valuations/ Analytics. across the London, MENAT, and Paris hubs as well as sites such US and HK.
Core Product Control is responsible for ensuring the accurate reporting of Front Office based P&L; and ensuring that the trading assets and liabilities are recorded at fair value. This includes providing an analysis of the components of P&L; to provide insight into the apparent sources of P&L; and enable assessment of these against expectation based on knowledge of trading portfolio, trading activity, market movements and other factors. The team is also responsible for ensuring that the Balance Sheet of the Markets Business is fully controlled and substantiated and has an extremely key and critical accounting control aspect and dimension.
The Valuations, Analytics, & Reporting teams in Product Control are global team responsible for all aspects of the calculation of Fair Value for traded instruments in Markets and Securities Services (MSS), Markets Treasury (MKTY) and more widely across HSBC. Valuations and Analytics teams are part of Global Product
📌 Valuation Controller (Bengaluru)
🏢 HSBC Global Services
📍 Bengaluru