AVP/Manager - Product Control

Role & Responsibilities:

Process

- To ensure that the relevant P&L and Balance sheet positions are correctly reported at month ends and that the applicable reconciliations have been completed and all issues identified/resolved.

- Providing daily commentary on P&L swings and variance investigation to Front office traders and senior finance managers

- Develop and maintain appropriate policies and procedures which ensure the accounting,

management and financial reporting integrity of the trading desks balance sheet and P&L.

- Ensure appropriate controls and reviews are maintained for Daily P&L review, Core reconciliations review and Month end close.

- Review monthly/quarterly balance sheet, with substantiation and potential financial exposure.

- Review various reconciliation reports, management packs and adhoc reports.

- Review of month end Journals for accrual, provision and true up.

- Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.

- Ensure adherence to SLA's, KPI's , Internal metrics & PC minimum standards policies.

- Identify/ manage risk and control breakdowns.

- Develop & maintain effective and standard processes. Review EUC periodically.

- Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.

- Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks. Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from team members and work in collaboration with risk and control partners.

People & Talent

- Monitoring people performance, providing timely feedback, performing annual and mid-year appraisals.

- (Including people development, pipeline/skills monitoring, and training programs,)

- Manage leaves and attrition, create enough backup / cross trainings.

- Minimise dependency on key people by cross training and succession planning.

- Manage career and growth expectations of people.

Key stakeholders

- Act as a point of reference for team members and internal clients.

- Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution.

- Manage strong relationship with support teams (Trading desk, IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.