Product Controller - Linear Rates - Investment Banking

Linear Rates - Product Control |Female Candidates only

Job Description : 

Global Banking & Markets provides operations support to the Global Markets Business. Key Business activities include back office and middle office operations related to securities, derivatives, futures, options, currencies (fx) and commodities. Key functions include Trade Processing & settlement, Inventory Management, Cash Management, Asset Services, Collateral Management, Reconciliation, Client& Product Data.

Responsibilities : 

- Production and reporting of daily P&L to Front Office & Senior Management.

- Reconcile actual P&L with trader estimates and provide flash/actual variance analysis.

- Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis.

- Front-to-Back analysis & reconciliations of front office p&l and balance sheet to firm sub-ledgers,

- Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds

- Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves.

- Would be typical own set of books/cost centre and Business Units

- Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.

- Development & continuous improvement of existing processes & workflow.

- Testing / UAT for systems work ranging from minor system releases to major system implementations.

- Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.

Requirements : 

- Education : Postgraduate degree or Accounting qualification (e.g. Chartered Accountant - CA, MBA  etc)

- Experience: Candidate must have 5-6 years experience in Markets with at least 2 years in P&L

Mandatory Skills:

- Candidate should have a keen interest in the Fixed Income product set with a good understanding of the products used (see above) and their pricing

- Good working understanding of Excel is a must; ability to troubleshoot spreadsheet issues is also critical

- The right individual will have strong people skills and can multi-task to manage the challenges of Middle Office processes yet have the awareness to escalate potential issues to their supervisor in a timely manner

- Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels

- Must be proactive and be a highly-motivated self-starter. Reactive and/or passive individuals need not apply

- Mentor junior team members to help them grow and conduct strong oversight over all workflow & issues

Desired Skills:

- Advanced education and/or enhanced technical qualifications are a plus

- It would be advantageous if the individual has prior experience onshoring Finance, Middle Office or Operational workflow and implementing procedures and controls

- Ability to use Access or VBA would enhance the candidate's attractiveness significantly

Shift Timings: 14:30 to 23:30 Hrs IST

Location: Hyderabad