Senior Manager - Product Control, Global Credit Markets

6 - 12 years

2 - 13 Lacs

Posted:2 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Submission of P&L, Forecast month end P&L liaising with wider finance team and business COOs.
  • Performing deal review and approving fee recognition based on IFRS9 and IFRS 15 principles.
  • Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSRS.
  • Should be able to substantiate daily and monthly adjustments held in P&L and control accounts.
  • Help to guide and train team members to ensure adherence to controls.

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 by the team.

Business:

  • 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.
  • Production of monthly packs and assist in implementation of sound controls and consistent processes around Monthly packs.
  • Balance Sheet & 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

KEY RESPONSIBILITIES

Strategy:

  • Ensure Awareness and understanding of the Group's business strategy and model appropriate to the role

Business:

  • Awareness and understanding of the wider business, economic and market environment in which the Group operates

Processes:

  • Ensure processes for which the person is responsible is executed as required.

People & Talent:

  • Lead through example and build the appropriate culture and values
  • 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.
  • Employ, engage and retain high quality people, with succession planning for critical roles.
  • Responsibility to review team structure/capacity plans.
  • 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.


Regulatory & Business Conduct:

  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Manage theteam to achieve the outcomes set out in the Bank's Conduct Principles.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Serve as a Director of the Board
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Key stakeholders:

  • Regular face off with Business, Product Control Management, Regional finance team and various internal stakeholders.
  • Act as a point of reference for asset class.
  • 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

SKILLS AND EXPERIENCE

  • Communication
  • IFRS & Accounting knowledge
  • Banking Loan Products
  • Product Controller

Qualifications:

  • CA or MBA (Finance) from a reputed institution.
  • 6+ years of experience with most recent 3years in product control.
  • Good understanding of Accounting and Financial Markets products.
  • Reasoning skills, hands on experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage.
  • Strong Control mindset.
  • Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders. Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders

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