Manager Product Control, Gbs

Year    Bangalore, Karnataka, India

Job Description


The Role Responsibilities

Job Role

The role is based out of Bangalore and reports to AVP of respective Asset Class. The PC team supports various asset classes like FX, Rates, Credit, etc.

Key Responsibilities

  • Help design and implement new control processes for businesses that currently do not have any Product Control function.
  • To run the PC function of Treasury business.
  • Monitoring of key controls / processes around Daily PnL and Balance Sheet.
  • Review of Daily / Monthend reconciliations between the various TP systems and the General Ledger.
  • Assist in the design, testing and implementation of TP data integrity / exception reports.
  • Review of month-end balance sheet substantiation of PC owned balances.
  • Assist in implementation of sound controls and consistent processes to ensure adherence to IFRS9.
  • To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9.
Strategy
  • Review monthly balance sheet, with substantiation and potential financial exposure.
  • Review / Prepare various reconciliation reports, management packs and adhoc reports.
  • Posting and 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.
Business
  • Ensure adherence to SLA\'s, KPI\'s, Internal metrics and FMG wide policies.
  • Identify / manage risk and control breakdowns.
  • Develop and 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.
  • Production of monthly packs and assist in implementation of sound controls and consistent processes around Monthly packs.
  • Balance Sheet and RWA forecast for Corporate Finance.
  • Client Analytics - Understanding Client performance, relationship, and resource consumption.
  • Production and validation of CF scorecards for measuring business performance.
  • Bespoke analysis surrounding ledger and client balances and helping the business achieve its target.
Risk Management
  • Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSRS.
Key Stakeholders
  • Regular face off with 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.
Our Ideal Candidate
  • CA / MBA / CFA / FRM / ACCA with 4 - 6 years of work experience.
  • Post Graduate (Finance) with 5 - 7 years of work experience.
Role Specific Technical Competencies
  • Communication
  • Accounting
  • Product Control
\xc2\xadAbout Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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Standard Chartered

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Job Detail

  • Job Id
    JD3185581
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year