Standard Chartered India | Manager, Product Control

Responsibilities

• We are seeking a dynamic 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.
• 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.
• 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.
• 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.
• Prepare and present complex technical hedge accounting papers under IAS 39/IFRS 9 for internal stakeholders and external auditor endorsement.
• Identify opportunities for process improvements and drive initiatives to enhance efficiency and effectiveness.
• Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.
• Accounting knowledge and understanding of financial statements

Requirements

• Should be able to substantiate daily and monthly adjustments held in P&L and control accounts.
• Ability to engage and manage stakeholders in delivering objectives and outcomes
• Strong excel and data analysis skills
• Deep technical knowledge of hedge accounting frameworks (e.g., IAS 39) and practical experience in financial instrument valuation.
• Demonstrated success in designing and executing hedge accounting strategies across multiple risk types.
• Strong analytical mindset and problem-solving capabilities, with the ability to apply judgment in data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to effectively influence and collaborate across business, finance, and technical teams.
• Familiarity with hedge accounting tools and financial systems (e.g., Sabre Cortex, Murex) is an advantage.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai