Openings in Product Control for AVP & VP positions with a Leading investment Banking Shared Service in Chennai.  PnL Analysis, Risk, Attribution, valuation for corporate sector.  Products - Credits, Rates, etc and valuations   Daily Responsibilities:  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 Controls  Ensure the maintenance of a strong internal control environment. Monitor control reports to ensure accuracy of data for P&L, validation and downstream processes.  Raise the team's level of control awareness. Lead by example and engender a strong control culture.  Ensure clean audit results from internal and external reviews. Ensure thecompleteness and accuracy of key stroke documentations for key PC processes, risk assessment and SOX documentation.   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.  Qualifications /education:  Qualified accountant / CIMA / MBA   CFA / Masters in Finance / FRM / Financial Engineering would be an advantage  Location : Chennai

Chennai

AVP/VP - Product Control - Investment Banking Shared Service 

AVP/VP - Product Control - Investment Banking Shared Service  ,Job Description for AVP/VP - Product Control - Investment Banking Shared Service  in Golden Hues in  Chennai for (3-15) years of experience. Apply Now!

Job Description for AVP/VP - Product Control - Investment Banking Shared Service  in Golden Hues in  Chennai for (3-15) years of experience. Apply Now!