Assistant Manager - Product Control

Job Description:

Global Service Delivery is a business-aligned, customer-servicing organisation with the primary objective of driving o4perational excellence across our businesses worldwide. Achieving this through the consolidation, simplification and continuous improvement of processes across the full range of operations, the division simultaneously takes responsibility for managing operational, location and processing risk and ensuring that services provided are at a best-in-class price point for the required quality level.

Ensure service delivery of Finance Product Control processes majorly focusing on the Valuation Control tasks (OMRC, Fair Value adjustments, Post p&L sign off adjustments) per the standards set out in agreed SLAs within the operating framework taking into account key operational risk (including people & processes) and ways to mitigate those.

- Banking product knowledge viz FX, FI - Bonds & CDS, Swaps - IRS, CSW, Exo, Options, Equities, etc,.

- Candidate is well aware of IB terminologies viz NPV, NAV, Greeks - delta, vega, gamma, theta etc, GNBV, PVBP, interpolation, Extrapolation etc,., LIBOR, interest curves, yield curves, forex curves etc,.

- Price Verification & Off-market Rate Checking

- Initiate and implement high-impact quality projects leading to operational efficiency and higher productivity (Within Six Sigma, Lean process improvement methodology)

- Continuous review of processes with the objective of improving the service delivery timeframes and identify areas of improvement

Challenges:

- Need to build strong effective relationships with onshore stakeholders to ensure successful migration / performance of the processes.

- To fully understand the life cycle of a trade of most of the asset classes viz FX, FI – Bonds & CDS, Rates – IRS, CSW etc,.

- To be aware of changes in the global markets which adds value to the daily valuation control processes?

Qualifications:

- BCom /M Com/ CA(Inter)/ CWA (Inter): 5-8 years

- CA/CWA/MBA: 2-7 years years of experience in Product Control, Financial Control, Reporting & Analysis / Period-end close / Global Consolidation of a organization of similar scale within US GAAP, IFRS, IAS reporting framework

- Knowledge of Balance Sheet Management Desk & Finance Product Control functions in a banking environment with exposure to Traded markets products is mandatory.

- Knowledge of various Global Market products like Options, Interest rate swaps, FX, Equities, Metals, Equity Derivatives, Credit Derivatives etc.

- Proven ability to project manage migrations of finance processes and exposure to diverse/multi-culture work environments with strong organization, time management and prioritization skills

- Excellent communication skills and presentation skills are mandatory, as are good tact and diplomacy, as the role requires relationship management with other individuals and teams within the Group

- Orientation towards Quality (Six Sigma/Lean methodology) and technical bent of mind

- Proficiency in MS Office Suite; Exposure to Project Management Software and experience in working on MS Access databases

- Global Exposure and experience in multi-tasking.

Prerna
Manager HR
Elixir Consulting
120-4510965