VP - Product Control - Investment Bank

Urgent opening for one of the leading investment bank in Chennai.

- Looking for VP Product controller.

Responsible for the line product control of an asset class, managing the line PC team to fulfill responsibilities below:

Daily Responsibilities :

- 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.

Weekly / Monthly Responsibilities :

- Review key weekly & monthly MIS to senior management.

- Gain in depth understanding of provisioning and price testing controls and processes, and review the month end working.

- 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

Megha