Manager Product Control GBS(India, Malaysia)

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary

The Product Control GBS is accountable for delivery of the end-to-end product & valuation control functions in GBS and supervise different strategic initiatives for the function. 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.

Key Responsibilities

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.

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 & 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.

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.

Qualifications

MBA, CA, CFA, ACCA with a minimum of 6+ years' experience (post qualification) in a financial service industry

About Standard Chartered

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.

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

Are better together,

we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental / maternity (20 weeks), sabbatical (12 months 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.