AVP/VP/Director - Product Control - Banking

The Role Responsibilities:

- 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.

- Develop and execute appropriate procedures for Balance Sheet Reconciliation and Substantiation

Strategy :

- Balance Sheet Substantiation includes multiple processes including reconciliation (at a transactional or at a balance level) of the account, a process of review of the reconciliation and any pertinent supporting documentation and a formal certification (sign-off) of the account in a predetermined form driven by corporate policy.

- Independently assess the valuation and associated uncertainty of assets and liabilities within business, specifically continuing the evolution and ensuring the integrity of the IPV and Fair Value reserving processes.

- Design, develop and evolve the methodologies to optimize the Prudential Valuation and stress Prudential Valuation framework. Ensure a robust PVA framework.

- Review the work for junior members of the team & ensuring the team follows robust controls and governance framework.

- Employ, engage and retain high quality people, with succession planning for critical roles.

- Educated to degree level; preferably with a Finance / Business OR Financial Engineering background or Masters degree in a quantitative subject with minimum 8+ years of professional experience in a financial service industry. Strong quantitative analytical skills and understanding of financial products. Strong Control mindset. Strong Product knowledge at across the core business products. Strong interpersonal, communication (verbal and written) and negotiating skills. Strong interpersonal communication skills to build an effective internal network across the numerous stakeholders