Assistant Vice President/Vice President - Product Control - BFSI

AVP / VP - Product Control

- Looking for AVP / VP Product Control - with min. 5 years in a financial services environment, with a wide product knowledge across global markets, Foreign Bank, Mumbai

- Review & analysis of Daily P&L for all asset classes like Forex, Derivatives, Fixed income, money market & other structured products including review of trader estimates vs actual breaks.

- Computation & accounting of various Fair Value adjustments including Credit / Debit Value adjustments & Independent Price verification.

- Assist and review of different Global Markets benchmarks

- Review & validation of day end rates to be uploaded in various Markets systems for End Of Day Valuation, stale price checks along with building controls around the data sources.

- Reviewing Off - market rate check reports & system exception reports - highlight exceptions to management.

- Reporting of various financial and management reports as prescribed by applicable regulation like RBI related to P&L & valuation controls.

- Periodic review of various internal policies on fair value adjustments, prudent value adjustment, off-market rate checking etc.

- Close involvement in handling various audit requirement of regulatory audit, internal audit, statutory audit & other compliance reviews along with working towards the closure of audit findings.

- A strong understanding of finance processes and an accountancy or finance post graduate degree

- Strong understanding of the traditional Global Markets trade lifecycle and of the relevant risk control principles within this

- Experience of working in a similar organizational structure with a number of onshore and offshore contact points and managing teams

- Good analytical and database skills. Ability to work with large amounts of data, analyse the same and present them in a concise meaningful form.

- A strong written and verbal communicator, used to interacting with colleagues and stakeholders at all levels including senior leadership teams.