DGM - Product Control - Inv Banking

About Hucon : Hucon Solutions is one of the Fastest growing Executive Recruitment Search Firm which provides Consulting Services to our esteemed Clients and give our Applicants a perfect platform to get their dream jobs.

One of Hucon Solutions clients which happens to be a Fortune 400 company is looking for a "DGM - Product Control" for their team at Hyderabad

Product Control JD:

Responsibilities:-

- Supervise the daily P&L production and control environment

- Substantiate New Business and Mark to Market (MTM) P&L and produce P&L explain

- Comment on variance between adjusted T+1 P&L and T0 Pnl estimate

- Ensure integrity of Financial reporting

- Review of control accounts, daily adjustments etc.

- Write commentaries on large PnL swings, explaining in terms of book risk positions, PnL attributes and
economic factors

- Substantiate Balance Sheet and report Balance Sheet

- Liaison with trading desk, Valuations, front-office support, Operations and Global Reporting, to discuss and resolve ad hoc issues concerning bookings, valuations, new business, strategy and other areas

- Meet and exceed the required SLA performance

- Able to contain and reduce the risk of the business measured through multiple KRIs.

Requirements:-

- Should be a "Sr Manager" or "AVP"

- Understanding of Trade Life Cycle

- Understanding of F2B systems involved in Investment Banking

- Understanding of various Fixed Income, Equities and FX products (experience to reflect in any of the three categories)

- Understanding of Greeks\Market Risk

- Understanding of controls involved in F2B operations

- Understanding of Pnl Attribution process and its purpose

- MTM calculations with and w\o factors

- Purpose of various Controls accounts like Suspension and Valuations

Work Location: Hyderabad

Shifts: APAC / EMEA / US