Standard Chartered India | Vice President, Product Control

Responsibilities

• We are seeking a dynamic and technically skilled professional to join our Credit PC team.
• This role will play a pivotal part in expanding the Bank’s accounting capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives.
• The successful candidate will work for Product Control, working closely with Front office, Middle Office, Technical Accounting, Treasury, IRRBB, Product Control, and other key stakeholders to deliver best-in-class finance reporting and control implementation across the Group.
• Develop and maintain appropriate policies and procedures which ensure the accounting, management and financial reporting integrity of the trading desks balance sheet and P&L.
• Develop and execute appropriate procedures for Balance Sheet Reconciliation and Substantiation.
• Design, develop and evolve methodologies to optimize the Prudential Valuation and stress Prudential Valuation framework.
• Review the work for junior members of the team & ensuring the team follows robust controls and governance framework.
• Provide thought leadership and take accountability from Bangalore on different initiatives spanning.
• Maintaining a pleasant workplace environment which is motivating and enables high performance within team.
• Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (including people development, pipeline/skills monitoring, and training programs,).
• Manage leaves and attrition, create enough backup / cross trainings.
• Manage career and growth expectations of people.
• Execute processes to ensure adherence to IAS39/IFRS9.
• Review of Daily/Month end reconciliations between the various TP systems and the General Ledger.
• Assist in preparation of quarterly and annual disclosures with necessary commentaries.
• Liaising with different stakeholders like desk, middle office, IT, operation, external audit and respective financial controller to timely resolution of the issues
• Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.
• Ensure a robust PVA framework.
• Leverage upon knowledge and skills sitting with other teams at same location or similar team sitting across the globe.
• Enable movement of people as and when required to manage resourcing across Product Control.

Qualifications

• You are an experienced person in financial services and exposure to Trading desks, Product Control Management, Regional finance team and various internal stakeholders.
• Minimum 12+ years’ experience in a Valuation Control function, Product Control Line, risk management or trading role of a top tier investment bank.
• Robust experience in a Rates Valuation Control function, risk management or trading role of a top tier investment bank.
• Experience and proven track record in dealing with junior and senior members of Front office, Line Product Control, Risk management teams across various locations.
• Strong financial product knowledge and attention to detail.
• Strong interpersonal skills and stakeholder management and ability to work independently to resolve unstructured problems. Team player.
• Strong communication skills and ability to present / explain complex issues in simple terms with stakeholders from Trading, Finance, Market Risk and IT across different levels.
• Able to work under pressure to tight deadlines.
• Able to multi-task and prioritize own request.

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