AVP - Product Control

We have an urgent position with our client in Pune for Product Control.

THE ROLE INVOLVES:

- Production of daily P&L for a number of trading books.

- Reconciliation between front office spreadsheets and the back office P&L systems. This reconciliation pertains to all P&L activity including valuation of positions, cash balances, funding and provisions. These responsibilities require a good understanding of trade information process flows between different departments within the bank (Front Office, Operations and Financial Accounting departments).

- Analyze, explain and validate P&L according to market moves, new trades and other influences.

- Manage all marketing and risk provisions on the books to ensure accurate P&L reporting. This involves understanding how these provision values are derived and how they impact overall P&L.

- Where appropriate, act as Line representative on major change projects.

- Take ownership of any issues that arise from the day to day and monthly processes with a view to resolving these in an efficient and timely manner.

- Liaise with Front office and other end users as to process development and other ad hoc queries.

- Reconciliation of general ledger.

THE PRODUCT COVERAGE: Examples of the product coverage includes Equity Derivatives, Credit Derivatives, Interest Rates and Equities.

QUALIFICATIONS

- Degree in Finance, Accounting or related field.

- Possess a CFA or CPA qualification an advantage.

- At least 7 years Product control experience.

- Experience in leading/managing teams required.

- Auditing experience is an advantage.

- Analytical ability.

Please feel free to call me on 020-65101882 to have a discussion on the same.

Ankita Chhabda
Recruitment Specialist
Credence HR Services
LL: 020-65101882
LinkedIn: http://in.linkedin.com/in/credencehrservices
Visit us : www.credencehrservices.com