Associate Vice President GCM Financing Product Control

ConfidentialIndia, Bengaluru / Bangalore

23 hours ago

Job description

Key Responsibilities

Responsible for the daily P&L production and analysis along with ensuring integrity of Balance-Sheet of Banking Book Products.
New deal review and revenue recognition in line with IFRS9 & IFRS15 accounting standards.
Net Interest Margin analysis of banking book portfolio.
Actively engaging with stakeholders across multiple functions and representing PC on various forums.
Responsible to oversee and review the BAU controls, reporting, and escalation process.
Production of periodic MI pack with commentaries.
Establishing best practice across various PC process, streamlining and automation.
Supervise, mentor and provide leadership to the existing team.
Review of Key Control Indicators (KCI) and Control Sample Testing (CST).
Supporting control & governance, external audits and regulators queries.
Support new business initiative and help execute on management strategies.
Lead project delivery and represent Product Control in project forums.

Strategy

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.

Research market best practice and keep abreast of the evolving issues e.g. XVA, IBOR Transition, etc. that affect the valuation of the Rates and XVA business.

Mentor junior members of the team in their career aspirations

Provide thought leadership and take accountability from Bangalore on different initiatives spanning – Technology (SABRE, Aspire, Razor, Stride), Regulatory (IBOR, ViR ).

Business

Effectively manage relationships across departments and the desk.

Ability to discuss, present and explain valuation results with senior business management

Management experience

To manage a business function, providing significant input to function wide strategic initiatives. Contribute to and influence policy and procedures for the function and plan, manage and consult on multiple complex and critical strategic projects, which may be business wide

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 – Technology (SABRE, Aspire, Razor, Stride), Regulatory (IBOR, ViR )

Review of Key Control Indicators (KCI) and Control Sample Testing (CST).

Supporting control & governance, external audits and regulators queries.

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

Qualifications

Ideal candidate must have overall 8+yrs of experience, across PC, FC, Corporate Finance preferably with Big4 with latest 3yrs in PC.

IFRS experience is a must

CA / CFA / MBA in Finance or equivalent.

Experience of managing Banking book portfolio.

Ability to work under constant pressure to tight deadlines and deliver high quality output.

Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally.

Analytical, Innovative and challenging mindset.

Skills And Experience

Communication

Financial Market Products

Accounting

Product Control

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.

Skills Required

Product Control, Accounting, Communication, Ifrs

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