Description
We are seeking a Product Controller Senior Analyst, AYST to join our Business Finance function in Mumbai.
The successful candidate will be responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis. They will provide daily commentary and variance investigation to Front Office traders and senior Finance managers.
Key responsibilities include:
- Producing daily T+1 P&L production, attribution and analysis
- Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
- Break investigation and resolution: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc
- Model risk control exceptions resolution
- Ensuring compliance to risk and control guidelines
- Stakeholder management by prompt response to various queries/issues from Finance directors, onshore management, Front office traders, Fincon, Risk management, etc.
- Understanding trade flows, booking structures and ensuring that trades are captured in accordance with defined structures
- Performing month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
- Performing QA function for processes within team's remit and regularly assessing the effectiveness of checks
- Engaging with CTB/SME to deliver change
- First level of escalation for team issues and for stakeholder escalation
- Managing the resolution of product reconciliation break/exception items in a timely manner
- Monitoring of exceptions including investigation and explanation
- Review of Balance sheet substantiation
- Process standardization across business
- Providing summary of KRI's for their business area and remediation plans where SLAs are being missed and/or where issues exist
- Facilitating CTB initiatives and driving continuous improvement program within their team
- Ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
We offer a range of benefits, including:
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
The ideal candidate will have:
- Financial Control and product control experience in Investment Banking
- Strong understanding of financial market products such as Loans, Bonds, Credit, derivatives, Cash Equity, Swaps, Options and Futures
- Solid Fixed Income product knowledge i.e. Bonds, CDS, TRS, IRS & Loans
- IFRS/GAAP knowledge is preferred
- Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)
- Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary
- Proficient in Microsoft Office applications, strong Word and Excel skills required
- Exposure to multiple front office systems
- Preferably qualified MBA/Chartered Accountant / CPA / ACCA / CIMA / CFA
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.