Manager - Product Control/Credit - CA

Description:

Key Responsibilities:

- Daily P&L & Balance Sheet Control

- Supervise the timely production and review of daily P&L reporting for the Europe region.

- Oversee P&L for key products including:

- Money Market Loans & Deposits

- Rates (Bonds, Swaps)

- FX Products

- Government Bonds & T-Bills

- Fixed Deposits, Certificates of Deposit

- Debt Issuances and associated hedges (IRS, CCS, FX Swaps, Commodities, etc.)

- Monitor key controls and processes surrounding daily P&L and balance sheet reporting.

- Ensure all controls are executed and reviewed within defined timelines.

- Review daily P&L trends, investigate variances, and provide insights on forecast gaps and opportunities.

Month-End Activities:

- Review month-end reconciliations between trade processing systems and the General Ledger.

- Review balance sheet substantiation of Product Controlowned traded balances.

- Support month-end accounting processes and ensure accuracy and completeness of financial results.

Hedge Accounting & IAS Compliance:

- Deliver hedge accounting and control enhancement workstreams.

- Assist in implementing standardized controls and processes globally, ensuring alignment with International Accounting Standards (IAS).

- Provide support for IAS-related queries, including hedge effectiveness testing and documentation.

Stakeholder Management:

- Liaise effectively with key internal and external stakeholders, including:

- Middle Office

- IT

- Operations

- External Audit

- Financial Controllers

- Ensure timely escalation and resolution of issues.

- Act as the primary point of contact for the business and Local Finance teams regarding product-class-specific matters.

Process Advisory & Booking Models:

- Advise Middle Office and Front Office on deal structures, accounting implications, and optimal booking model design.

- Ensure consistency of booking logic across Global Markets Transaction Processing Systems.

Qualification & Experience:

- Chartered Accountant (CA) with 4 years of post-qualification experience.

- Minimum 3 years of relevant experience in Product Control.

- Strong knowledge of financial products, accounting standards, and control frameworks.

- Excellent analytical, communication, and stakeholder management skills.