VP
Banking

N/A

AVP, Product Control GBS (Treasury, Hedge Accounting)

Standard Chartered Bank
Bengaluru

1 year ago

Apply for me

Oops! You need to have an account to use this feature

Sign up to access features including all filters, job matching, dashboard, apply service, etc.

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.

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.
  • 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.
Salary
$
Ranks
Responsibility
Scope
-
Workplace
-
Functions
Level
N-3
Travel
15%
Date Added
12-08-2024

Sign up for our 14 day free trial to access features including all filters, job matching, dashboard, apply service, etc.

Start free trial now