Treasury Markets - Product Controller

Treasury Markets - Product Controller

We are the manpower consultancy specialized in recruiting good quality people across all sectors.

Presently we are working on one of our client which is the topmost leading organisation in Financial Sector.

We are looking forward for a suitable candidate for the below mentioned position

Position : Treasury Markets- Product Controller

- The primary function of Product Control is to work closely with all business stakeholders in achieving the objectives of the firm, in compliance with all relevant regulations and reporting requirements.

- The PC Product Line teams play a key role in ensuring an independent validation, substantiation and reporting of financial information for a particular FO business unit.

The responsibility by Line PC Teams for completeness and accuracy of the books and records comprises of:

- P&L and B/S substantiation and reporting (including P&L explain / attribution, reconciliations, P&L commentaries, adherence to accounting principles, etc.).

- Monitoring trading activity for compliance with various related policies.

- Providing management with technical and operational analysis of the business unit.

- Regular interaction with FO business, Accounting & Financial Control, Central Treasury Team (Resources), Change Management, Technology and other infrastructure areas.

Responsible for the line product control of an asset class to fulfill below:

- Review daily P&L, including understanding risk positions and market moves for P&L explanation, and review of flash vs formal differences.

- Engage in detailed discussion with traders and risk managers on risk positions and P&L.

- Ensure that the team's KPI and SLA are met.

- Attend to ad hoc queries from the traders and other Support groups relating to trading revenue and Balance Sheet.

Weekly / Monthly Responsibilities :

- Review key weekly & monthly MIS to senior management.

- Engage in detailed discussion with traders, and Business Risk Group. Liaise with valuation expert on modelling appropriateness and other technical/booking issues.

- Perform detailed review of month end adjustments, and Balance Sheet substantiation.

- Ensure the maintenance of a strong internal control environment. Monitor control reports to ensure accuracy of data for P&L, validation and downstream processes.

- Raise the team's level of control awareness. Lead by example and foster a strong control culture.

- Ensure clean audit results from internal and external reviews. Be the owner of key stroke documentations for key PC processes, risk assessment and documentation.

Projects and Continuous Improvements :

- Identify and drive process re-engineering and constantly challenge status quo for control improvement and process efficiency.

- Motivate and empower the team to deliver continuous improvements.

Service Delivery :

- Ensure adherence to daily schedule and service level agreements (SLAs).

- Ensure process compliance as per the regulatory guidelines and audit requirements.

- Establish innovative systems and procedures for handling data & reports and continuously improvise on them.

- Identify process improvement opportunities.

- Manage and monitor quality for the business area.

- Respond to and resolve issues arising out of interactions with business and service team

- Ensure open communication and address issues/ concerns raised.

Relationship Management :

- Establish and maintain effective working relationship with key stakeholders across businesses served.

Other :

- Ensure escalation of issues to management on timely basis.

- Build close working relationship with Front-Office, Middle-Office, Operations and Risk departments and promote PC profile. Be viewed as a trusted business adviser

Shirin
8108810652