Job Summary

The Product Control 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 agile 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 new 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 functi

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