Avp, Product Control Gbs (treasury, Hedge Accounting)

Year    KA, IN, India

Job Description

Responsibilities
Strategy:
• Managing Product, Valuation and Financial controls




Business:
• CCIB and Treasury Businesses




Processes:
• Manage a team covering treasury product categories and regions. (Asset classes: Securities and MM products, Funding, Funds Transfer Pricing, Capital, Hedge Accounting etc.)
• Monitor and implement business model assessments and hedge accounting processes based on IAS 39 and IFRS 9 for new and existing strategies
• Ensure appropriate controls and reviews are maintained for Daily P&L production, core reconciliations, month end close and balance sheet substantiation.
• Ensure the teams are performing timely lockdown of daily and monthly P&L.
• 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.
• 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 & Finance 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 and Talent:
• Develop a pipeline of talent under himself/ herself




Risk Management:
• Support effective compliance by embedding an effective Operational Risk Framework (ORF) within the PC-VC process universe to ensure all areas manage operational risks in a proactive, risk based and disciplined manner.
• Support functioning of day-to-day controls, by performing periodic assessment and monitoring activities (CST & KCI) as well as timely identification, escalation, and resolution of risk issues
• Support and monitor compliance with Operational Risk policies, procedures, and applicable regulations within PCVC and advice wherever changes are required.
• To actively support exercising of direct Risk Control Ownership / Process ownership for Operational Risk to ensure risks of processing failure are being actively owned and resolved on an end-to-end basis




Governance and Stake holder management:
• Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.
• Act as a point of reference for team members and internal clients.
• Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution
• Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.
Qualifications
• MBA, CA, CFA, ACCA with a minimum of 8+ years experience (post qualification) in a financial service industry with at least 2+ years of People Management experience.
• Strong leadership skills and ability to manage teams
• Control mindset and ability to identify and mitigate and control gaps
• Good understanding of financial market products
• Ability to develop, implement and maintain effective and standard operational processes.
• Excellent people and resource management skills.
• Excellent Interpersonal skills. Should be able to communicate at all levels.
• Strong planning, negotiation and analytical skills.
• Excellent business writing and verbal English communication skills
• Ready to travel & work in shifts.
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.

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Job Detail

  • Job Id
    JD3510869
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    KA, IN, India
  • Education
    Not mentioned
  • Experience
    Year