AVP Product Control

We are currently seeking an experienced professional to join the Global Markets Product Control team.

Principal Responsibilities:

• Strong understanding of P&L Processes (Reporting, Attribution), Valuation Principles of Global Markets products, ensuring accuracy & completeness
• Ensure Independent Price Verification (IPV) and Fair Value Adjustments (FVA) are performed in line with internal policies and IFRS/GAAP requirements
• Maintain and monitor valuation reserves, ensuring they are justified and documented
• Ensure compliance with internal control frameworks, accounting policies, and regulatory requirements (e.g. IFRS 13, Basel III)
• Coordinate with internal and external auditors, providing necessary schedules and explanations
• Maintain robust documentation for valuation methodologies and control processes
• Work closely with traders to provide financial insights that support business strategy
• Resolving client valuation related queries
• Reporting of various financial and management reports as prescribed by applicable regulation
• Periodic review of various internal policies on Fair Valuation Adjustments, Prudent Valuation Adjustments, Fair Value Levelling, Day1 PL reserving etc.
• Participate in Product Control related IT projects by providing User requirements, performing UAT & post implementation reviews

Education Qualifications / Certifications and Requirements:

• A strong understanding of finance processes and an accountancy or finance post graduate degree
• Relevant experience (min. 2 years) in a finance environment, with a wide product knowledge across a number of Global Markets asset classes
• Strong understanding of the traditional Global Markets trade lifecycle and of the relevant risk control principles within this
• Experience of working in a similar organizational structure with a number of onshore and offshore contact points and managing teams
• Good Data Analytics and Digital Transformation skills
• A strong written and verbal communicator, used to interacting with colleagues and stakeholders at all levels including senior leadership teams