Job Summary
The role is based in Bangalore and reports to AVP of respective asset class. The Product Control team supports the different asset class like Rates, Credit, FX and GT Business on a global basis.
Key Responsibilities
The individual will be responsible for:
• Supervise the timely production of daily P&L reporting across the Europe region. The main products controlled are Money Market Loans & Deposits, Rates (Bonds/SWAP), FX Products, Government Bonds & T-Bills, Fixed Deposits, Certificates of Deposits, Debt Issuances and associated hedges interest rate hedges (IRS, CCS, FX Swaps) and commodities etc.
• Monitoring of key controls/ processes around daily Pnl & Balance Sheet
• Ensuring that all controls are followed and reviewed in a timely manner.
• Liaising with different stakeholders like Middle Office, IT, Operation, External Audit and respective financial controller to timely resolution of the issues
• Responsible for the delivery of various hedge accounting and control enhancement work streams
• Reviewing Daily P&L trends and highlighting gaps / opportunities to Forecast.
• Review of Month end reconciliations between the various TP systems and the ledger.
• Review of month-end balance sheet substantiation of PC owned traded balances.
• Assist in implementation of sound controls and consistent processes around the globe to ensure adherence to International Accounting Standards (IAS).
• To provide assistance with IAS related queries, hedge effectiveness testing.
• Providing advice to middle office/ Front office for deal structures and designing optimum booking models across the various Global Markets Transaction Processing Systems.
• Primary contact person for the business and Local Finance teams with regards to issues relating to respective asset class
Qualifications
- CA/MBA/CFA/FRM/ACCA with 6 - 8 years of work Experience
- Post-Graduate (Finance) with 8 - 10 years of work exp
- Ability to work under constant pressure to tight deadlines and deliver high quality output.
- Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally.
- Analytical, Innovative and challenging mindset.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
- Flexible working options based around home and office locations, with flexible working patterns.
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.