Vice President - Product Control - BFS

- Should be okay to work in shift of 6 am to 3 pm and 12 pm to 9 pm

- Should have managed a team for a minimum of 5 years.

Vice President - Product Control

About the role Product Control function is responsible for Daily P&L reporting for the Commodities & Global Markets (CGM) business, operating in all major trading locations. The role will require the expertise of financial products, understanding of business strategy, full ownership of P&Ls and core reconciliations, leading change management projects, strong people management skills as well the ability to communicate effectively at a senior level across the bank/FMG. 

Key responsibilities will include: Process - Manage multiple teams covering various product categories and regions (Asset classes: Equities, Fixed Income,

Commodities, Treasury etc.) -

Key responsibilities will include:

1. Manage multiple teams covering various product categories and regions (Asset classes: Equities, Fixed Income, Commodities, Treasury etc.)

2. Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations and Month end close

3. Ensure the teams are performing timely lockdown of daily and monthly P&L.

Stakeholder Management

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

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

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

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

People Management

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

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

3. Manage leaves and attrition, create sufficient backup / cross trainings.

Change Management

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

2. Continue focus to improve the process speed, accuracy, proactively identifying and eliminating operational risks.

3. Coordinate for new migrations (if any) which include scoping of activities to migrated, identifying people resources, travel planning, transition planning, monitor training and obtaining signoff from all stakeholders.

Must have skills :-

Product control, daily PL, Trading desk, People Management