Product Control Role - Investment Bank

The role should also cover the following:

1. To undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls.

2. Assist in coordinating, facilitating and promoting understanding of operational risk and in implementation and management of OR within the Unit.

KEY RESPONSIBILITIES

1. Day to day management of the Product Control supporting the Rates trading desk

2. Daily analysis and production of P&L and Balance Sheet, ensuring integrity of data reported in a controlled environment.

3. Business support in terms of advising on structured transactions, assisting new product launches, providing quality MIS, and accommodating any ad hoc requests.

4. Supporting local finance teams by providing accounting advice, general ledger reconciliation, and product training.

5. Supporting the FM and Country CFOs in the development and maintenance of a robust control environment around the FX Options derivative product set.

6. Contact point for auditors, both internal and external.

7. Providing MIS around P&L analytics, risk based P&L explanation, and Performance Commentary. Detailed planning and budgetary support will be required.

8. Responsible for compliance with the Group Accounting Policy.

9. Responsible for continued development and testing of a Business Continuity Plan in so far as it relates to PC FX Options

10. Development of consistent booking models across the Bank's transaction processing systems.

11. End-to-End review and documentation of the Bank's PC Rates processes, maintenance of KOP for the same and to ensure the Finance support model for Rates is optimized across the countries, Bangalore and the Singapore Product Control team.

- Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.

Key Stakeholders

- Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.

- Act as a point of reference for team members and internal clients.

- Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution

- Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.

People Responsibilities

- Maintaining a pleasant workplace environment which is motivating and enables high performance within team.

- Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals. (including people development, pipeline/skills monitoring, and training programs,)

- Manage leaves and attrition, create enough backup / cross trainings.

- Minimize dependency on key people by cross training and succession planning.

- Manage career and growth expectations of people.

- Leverage upon knowledge and skills sitting with other teams at same location or similar team sitting across the globe.

- Enable movement of people as and when required to manage resourcing across Product Control.