Senior Manager - Product Control - Asset Liability Management

Opening For Senior Manager-Product control in One of the MNC in Bangalore

Candidate with 9+ years of experience in Product Control with ALM (Asset liability management)

PFB the JD

The individual will be responsible for:

1. Supervise the timely production of daily ALM/GT P&L reporting across the Europe region. The main products controlled are Money Market Loans & Deposits, Government Bonds & T-Bills, Fixed Deposits, Certificates of Deposits, Debt Issuances and associated hedges interest rate hedges (IRS, CCS, FX Swaps) etc.

2. Monitoring of key controls/ processes around hedge accounting lifecycle, including hedge documentation review, monitoring of hedge relationship and effectiveness, and quarterly testing etc

3. Responsible for the delivery of various hedge accounting and control enhancement work streams

4. Developing an integral understanding of the ALM and GT Balance sheet to enable insightful analysis and commentaries of the P&L and corresponding drivers.

5. Reviewing Daily P&L trends and highlighting gaps / opportunities to Forecast.

6. Review of Month end reconciliations between the various TP systems and the ledger.

7. Review of month-end balance sheet substantiation of PC owned traded balances.

8. Assist in implementation of sound controls and consistent processes around the globe to ensure adherence to International Accounting Standards (IAS).

9. To provide assistance with IAS related queries, hedge effectiveness testing.

10. Providing advice to ALM/GT for deal structures and designing optimum booking models across the various Global Markets Transaction Processing Systems.

11. Primary contact person for the business and Local Finance teams with regards to issues relating to ALM/GT P&L reporting.

Nirmala
8296896853