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28/03 Anushree Yadav
Team Lead at Mancer Consulting

Views:2382 Applications:29 Rec. Actions:Recruiter Actions:3

Assistant Vice President - Product Control - Banking Captive (8-13 yrs)

Chennai Job Code: 680339

About Role:

- 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

What will you be doing?

- Perform daily P&L, P&L attribution, P&L commentary, Investigate Flash vs. Formal differences

- Develop a sound understanding of daily processes the what, the why and the how.

- Review P&L attributions and prepare commentaries and other MI

- Maintain trader mandate, monitor Volcker 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 Responsibilities

- Balance Sheet control and commentary, Month End adjustments and Balance Sheet Substantiation

- Perform key weekly & monthly reporting to senior management.

- Attend to queries from internal and external audit and reviews and maintain key stroke documentations for key PC processes, risk assessment and SOX documentation.

Controls

- Ensure that a strong internal control environment is maintained at all times. Review key controls: FOBOs, adjustment substantiation and New, Amends & Cancels trades review

- Identify and drive process re-engineering and constantly challenge current processes for improvement and efficiency

- Raise any control weaknesses to the team. Brainstorm with the team to come up with an action plan.

Personal Traits

- Good financial product knowledge

- Appreciation and understanding of financial markets

- Experienced with MS office toolkit (Word, PPT, Excel, Access Database etc)

- Be Self Motivated and Proactive to take initiative and improve the end product.

- Work well within the team and portray high standards of team work.

- Ask questions and challenge status quo. Do not assume that every current practice is the best practice. Question and satisfy yourself with the reasons for doing certain things in a certain way.

- Excellent communication and inter-personal skills

What we- re looking for:

- 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

Skills that will help you in the role:

- 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

Where will you be working?

- Chennai

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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