Job opening in Product Control for an Esteemed Investment Bank in Chennai  Primary Location : Chennai  Description:  The responsibility by Line PC Teams for completeness and accuracy of the books and records comprises of:  - 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.  Main Duties and Responsibilities :  - Produce daily desk PL including commentaries, investigate Flash/Formal differences  - Ensure the maintenance of a strong internal control environment. Review key controls: FOBOs, adjustment substantiation and New, Amends & Cancels trades review  - Review P&L attributions and prepare commentaries and other MI  - Maintain trader mandate. Monitor mandate & loss threshold limits  - Submit Clean & Hypo P&L for back-testing  - Attend to ad hoc queries from the traders and other infrastructure partners relating to trading revenue and Balance Sheet.  Weekly / Monthly /Other Responsibilities :   - Balance Sheet control and commentary  - Balance Sheet Substantiation  - Provision of key weekly & monthly MIS to senior management.  - Calculate trading reserves and perform independent price verification  - Liaison with other departmental areas (e.g. Front Office, Operations, IT, Financial Control)  - Attend to queries from internal and external audit and reviews and maintain key stroke documentations for key PC processes, risk assessment and SOX documentation.  - Identify and drive process re-engineering and constantly challenge current processes for improvement and efficiency.  Requirements :  - Qualified accountant / CIMA  - CFA / Masters in Finance / Financial Engineering would be an advantage  - Articleship / Industrial trainee in mid to large sized firms  - Audit exposure in large financial institutions / banks preferred  - 1-2 years of experience in finance function (preferred Product Control) in an investment bank  - Good financial product knowledge  - Appreciation and understanding of financial markets  - Experienced with MS office toolkit (Word, PPT, Excel, Access Database etc)  - Excellent communication and presentation skills in both formal and informal settings & ability to interact with the region and UK / US as part of a global team (written and verbal)  - Strong control awareness - in particular, the ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.  - Has the initiative and ability to break down problems into components parts and resolving them  - Attention to detail and analytical  - Confident and assertive manner  - Displays integrity, initiative and commitment through interactions with colleagues and clients  - Work well in a team and maintains good relations with team members  - Ability to work with a spectrum of people and work well in a team  - Proactive. Displays enthusiasm, initiative and diligence  - Opportunity to be groomed to be future leaders, where there will be expended remit for future growth.  - Works well in a team with high standards for team work  Language :   - Ability to speak /write English fluently

Chennai

Product Control - Investment Bank 

Product Control - Investment Bank  ,Job Description for Product Control - Investment Bank  in IKYA Human Capital Solutions in  Chennai for (1-7) years of experience. Apply Now!

Job Description for Product Control - Investment Bank  in IKYA Human Capital Solutions in  Chennai for (1-7) years of experience. Apply Now!