AVP - Product Control

Discipline - Banking

Subsector - Product Control / Middle Office

Location - Pune

About our Client - Our client is a high-profile worldwide leading financial institution with significant presence in Asia. Due to constant expansion and to bring their business to even greater heights in India, an outstanding opportunity has arisen for a Product Control candidate to take on Mid Management role. Our client is seeking to strengthen their team by hiring at an Assistant Vice President level. The role is based out of PUNE.

Job Description - Reporting to the VP, your specific responsibilities would include:

- Production of daily P&L for a number of trading books.

- Reconciliation between front office spreadsheets and the back office P&L systems This reconciliation pertains to all P&L activity including valuation of positions, cash balances, funding and provisions.

- These responsibilities require a good understanding of trade information process flows between different departments within the bank (Front Office, Operations and Financial Accounting departments).

- Analyze, explain and validate P&L according to market moves, new trades and other influences.

- Manage all marketing and risk provisions on the books to ensure accurate P&L reporting. This involves understanding how these provision values are derived and how they impact overall P&L.

- Liaise with Front office and other end users as to process development and other ad hoc queries.

The Successful Candidate - You are a confident and mature qualified accountant with a minimum of 5 years of experience in Product Control within the Investment Banking industry. Our client is open to local candidates as well as overseas ones. You will need to have an overall experience of at least 7+ years (post qualification). You possess good knowledge of US GAAP, IFRS, Equity Derivatives, Credit Derivatives, Interest Rates and Equities products as well as their accounting treatment and benefit from a prior managerial experience. Your communication and interpersonal skills are excellent and you have a track record of successfully managing client relationships globally. You are proactive and able to suggest solutions and have the drive to implement changes.

What's on Offer - This is an excellent opportunity to develop your career and bring it to the next step within one of the most prestigious financial institutions in the world. Our client will provide excellent career path and a high level of internal mobility for the high performers.Candidates with the right attitude and experience will be offered a highly competitive package.

To Apply - Click here to apply