Product Control/Valuation Control Role - Investment Bank

Roles and Responsibilities:

- Understanding the Traders mandate

- Performing checks b/w Traders estimate and Actual P&L and raising the variances to right team along with investigations.

- Producing daily P&L and reporting it Daily P&L system.

- Working on Month end close and posting of appropriate entries.

- FMSW submissions and taking trader sign offs by explaining any queries raised in terms of P&L submitted.

- Help on centralized activities like Dashboard, daily checklists and any other file preparations for full team.

- Good understanding on Bonds , Funding and Hedge instruments.

- Ensure back-ups are trained and created among team members.

- Ensure mandatory trainings are completed on time and enroll for technical trainings to upskill on the role

- Lead through example and build the appropriate culture and values.

- Research market best practice and keep abreast of the evolving issues e.g. XVA, IBOR Transition, etc. that affect the Treasury Business.

- Participate in projects with different initiatives

Key Stakeholders:

- Regular faceoff with Traders, FMO and Finance teams along with MO and IT teams.

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

- Project teams for many infrastructure onboardings

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

Our Ideal Candidate:

- Educated to degree level; preferably with a Finance / Business OR Financial Engineering background or Masters degree in a quantitative subject with 2-4 years of professional experience in a financial service industry.

- Strong quantitative analytical skills and an understanding of financial products.

- Strong Control mindset. Strong interpersonal, communication (verbal and written) and negotiating skills.

- Strong interpersonal communication skills to build an effective internal network across the numerous stakeholders.

- Finance certifications such as CFA/FRM/CQF will be given additional weightage while assessing candidature.

Role Specific Competencies:

- Familiarity with Economics Concepts related to FX Rates, Interest Rate Parity, Repo/reverse repo and other central bank instruments, inflation, money market, etc.

- Familiarity with products such as bonds, Hedging instruments.

- IFRS9 understanding with understanding of classification and categorisation

- Good Accounting knowledge of transactions and reporting.