Assistant Vice President/Vice President - Product Control - BFSI

About MPC/ REC

- The MPC group supports the MARK business lines within SGCIB and is accountable and responsible for the independent production and certification of the accounting quality Profit & Loss (P&L) and Balance Sheet, on a daily basis and other product control functions.

Key Responsibilities / Deliverables :

Primary Responsibilities :

Primary tasks include but are not limited to :

- Overall responsibility of MPC REC FICC perimeter which are mainly responsible for ensuring good data quality of MARK Accounting & Economic balances for FICC Products.

- Daily reconciliations for general ledger activity that is processed to Back office systems & investigate and resolve discrepancies within the speculated turnaround time.

- Economic P&L to Accounitng P&L reconciliations and certifications

- Full ownership of monthly closing activity - End of Month postings, Monthly BS & PnL Controls

- Overall responsibility of Inter-Company transactions and balances, partnering with different support groups to resolve these breaks in a timely manner.

- Work as In charge of FICC Reconciliations team to improve overall controls and efficiency.

Secondary Responsibilities :

Must Have Skill(s) with minimum Yrs of Experience/Desired Skill(s) :

- Understanding and working experience with GAAP is required.

- Working knowledge of diverse Capital Markets products.

- Experience with reconciliations within a banking or financial institution.

- Candidate must have experience working with reconciliation tools, general ledger packages, and back office processing systems.

- Strong working knowledge of Microsoft Excel, Word.

- 4-5 yrs in people management with a team of 15 - 20 members

- Effective problem solving and analytical skills.

- Ability to work as a team player.

- Ability to effectively communicate (verbal and written).

- Good documentation skills.

- Detail-oriented.

- Strong organizational, time-management, and multi-tasking skills.

- Experience working with strict deadlines (i.e. month-end close process).

- Understanding and working experience with IAS (International Accounting Standards) is desired.

Qualification :

- CA (10 - 15 yrs post qualification experience) / MBA (13 - 16 yrs of experience) in financial control & product control activities in IB domain