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 Treasury including FTP Controllership.
We are seeking a dynamic and technically skilled professional to join our Treasury team. This role will play a pivotal part in expanding the Bank's FTP, C&O controllership capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives. The successful candidate will work on Treasury FTP Control & solution center of excellence for FTP, working closely with Technical Accounting, Treasury, Markets, IRRBB, Product Control, and other key stakeholders to deliver best-in-class accounting solutions across the Group
Key Responsibilities
Strategy
Responsible for the effective application of accounting and financial control policies and procedures for FTP.
Help business to ensure that specific financial risks inherent in the processes involving fund transfer pricing are identified, monitored, controlled, and mitigated in a timely manner by developing and maintaining a controllership function which meets the requirements of best practices in relation to FTP, C&O Controllership.
Business
Support Global Head of FTP, Treasury CFO and Product Control to drive controllership.
PPS (product pricing sheet populated daily by FO) understand all changes particularly changes to All-in-LP rate by tenor, currency & product (CIB & WRB)
Processes
Understand product profiling in countries and any changes to that composition i.e. Maturing vs. Non-Maturing products, LCR and NSFR profiling of products (FTP cohort rules)
System understanding of FTP curve set-up and changes there-on - own end / end controllership.
Exclusion and Inclusion criteria of FTP products - Centralise & standardise the process.
Governance on FTP adjustments in t-PACE - bring in controls to the process.
Develop and maintain appropriate policies and procedures which ensure the accounting, management and financial reporting integrity of the balance sheet and P&L.
Responsible for maintaining a robust control environment in respect of FTP controllership.
People & Talent
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
Risk Management
Managing Treasury FTP engagement with Global and Regional Regulators and Statutory and Internal Auditors supporting all FTP related queries, questionnaires, and audits.
Governance
Spearhead and manage financial projects, ensuring they are delivered on time, within scope, and within budget.
Identify opportunities for process improvements and drive initiatives to enhance efficiency and effectiveness.
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.
Lead 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.
Key stakeholders
IRRBB, UK and regional
Regional Treasurer
Head and Directors, Treasury Market, Global
Technical Accountant team, Singapore
Valuation Control team, Singapore
Treasury COO team, Singapore, India
Treasury CFO team, Singapore
Product Control, India
Sabre Tech team, Singapore
Qualifications
Bachelor's degree in Accounting, Finance, or a related field; a Master's degree or professional certification (e.g., CPA, CFA) is strongly preferred.
2-4 years of experience in finance or accounting functions, with a strong preference for candidates with hedge accounting expertise.
Deep technical knowledge of hedge accounting frameworks (e.g., IAS 39) and practical experience in financial instrument valuation.
Demonstrated success in designing and executing hedge accounting strategies across multiple risk types.
Strong analytical mindset and problem-solving capabilities, with the ability to apply judgment in data-driven decisions.
Excellent communication and interpersonal skills, with the ability to effectively influence and collaborate across business, finance, and technical teams
Familiarity with hedge accounting tools and financial systems (e.g., Sabre Cortex, Murex) is an advantage.
Role Specific Technical Competencies
Ability to engage and manage stakeholders in delivering objectives and outcomes
Strong excel and data analysis skills
Accounting knowledge and understanding of financial statements
Financial Market and product knowledge
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.
Associate Manager • India