Vice President - Product Control - BFSI

P&L and B/S substantiation and reporting (including P&L explain / attribution, reconciliations, P&L commentaries, adherence to accounting principles, etc.).

- Monitoring trading activity for compliance with various related policies.

- Providing management with technical and operational analysis of the business unit.

- Regular interaction with FO business, Financial Control, Technical Accounting Group, PC Change Management, Technology and other infrastructure areas.

- Review daily P&L, including understanding risk positions and market moves for P&L explanation, and review of flash vs formal differences.

- Engage in detailed discussion with traders and risk managers on risk positions and P&L.

- 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.

- 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. Be the owner of key stroke documentations for key PC processes, risk assessment and SOX documentation.

- Promote and facilitate the application of Finance policies and procedures across the teams by monitoring adherence to the policies by the various Finance teams and ensuring in particular that they remain fully compliant with all finance regulatory/statutory requirements.

- Lead performance review within the Finance teams, analyzing and interpreting financial information, and advising/challenging and supporting the team leaders in improving the financial control and reporting environment.

- Take personal ownership for Performance Improvement by developing a meaningful and insightful performance management matrix capturing causal linkage between hard and soft performance deliverables.

- Seeking ways of rationalizing, leaning and enhancing the existing processes and controls.

Eligibility Criteria :

- Qualified accountant / CIMA

- CFA / Masters in Finance / Financial Engineering would be an advantage

Working experience :

- 7-10 years of product control experience in a top tier investment bank with minimal of 2-3 years at the VP level.

- Audit exposure in large financial institutions / banks preferred