# AVP Product Control

**Company**: HSBC
**Location**: Mumbai, Maharashtra
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://portal.careers.hsbc.com/careers/job/563774612000059?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_c7cdfcb4-3af

## Description

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

## Skills

### Required
- finance processes
- accountancy
- finance post graduate degree
- Data Analytics
- Digital Transformation

### Nice to have
- AI-enabled tools

---

Source: [Apply at portal.careers.hsbc.com](https://portal.careers.hsbc.com/careers/job/563774612000059?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)