Associate Vice President, Product Control, Gbs

Year    Bangalore, Karnataka, India

Job Description


Job Summary

  • 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
Responsibilities

Strategy
  • Manage a team covering various product categories and regions. (Asset classes: Credit, Equities, Fixed Income, Commodities, Treasury etc.)
  • Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSS.
  • Ensure the teams are performing timely lockdown of daily and monthly P&L.
\xc2\xb7 Should be able to substantiate daily and monthly adjustments held in P&L and control accounts.
  • Review monthly/quarterly 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 & 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
Business
  • Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks. Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners
Processes
  • Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives. Provide thought leadership and take accountability from Bangalore on different initiatives spanning \xe2\x80\x93 Technology (SABRE, Aspire, Razor, Stride), Regulatory (IBOR, ViR ).
People & Talent
  • 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.
  • Minimise dependency on key people by cross training and succession planning.
  • Manage career and growth expectations of people.
  • 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.
Key stakeholders
  • 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
Our Ideal Candidate

You are an experienced person in financial services and exposure to Trading desks, Product Control Management, Regional finance team and various internal stakeholders

We want to hear from you if you have:
  • 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
Role Specific Technical Competencies
  • Communication
  • Financial Market Products
  • Product Control
About 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 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.
Visit our careers website

Standard Chartered

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Job Detail

  • Job Id
    JD3249640
  • 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