AVP - Product Control - BFSI

Career opportunity with our leading client for AVP - Product Control - Chennai location

Review daily P&L, P&L attribution, P&L commentary, flash to formal differences and manual adjustments.

Develop a sound understanding of risk positions through detailed discussion with traders and risk managers on risk positions so that an appropriate P&L model is deployed with focus on key risk items and market moves.

Perform insightful financial analysis to draw sound conclusions to present to senior stakeholders in onshore PC locations and Financial Control. Ensure that the team's KPI and SLA are met.

Attend to ad hoc queries from the traders and other infrastructure partners relating to trading revenue and balance sheet.

Foster a culture of performance improvement by serving as a lead for recommendations and be accountable for the delivery of qualitative and efficiency benefits from direct reports.

Weekly / Monthly Responsibilities:

Review key weekly & monthly MIS to senior management.

Gain in-depth understanding of provisioning and price testing controls and processes, and perform detailed review of the working files.

Engage in detailed discussion with traders, risk managers and Independent Valuation Control team on the results. Liaise with valuation expert on modelling appropriateness and other technical/booking issues.

Perform detailed review of month end adjustments, and Balance Sheet substantiation

Projects and Continuous Improvements

Identify and drive process re-engineering and constantly challenge status quo for control improvement and process efficiency.

Motivate and empower the team to deliver continuous improvements.

Management:

- Responsible for performance and development of the sub-team.

- Responsible for resource allocation within the sub-team and setting clear objectives for both business deliverables and personal development.

- Provide leadership and support/advice to the team. Focus on prioritisation and delivery.

- Drive team training.

Bhavani.S