Vice President - Product Control Treasury - Financial Services

Corporate Title Vice President (VP) Treasury Product Control

Experience 12 -14 Years

Qualification MBA Finance or CA

Location Mumbai

The present Title should be VP or equivalent

Team Overview:

Treasury Product Control Team reports T+1 Trading P&L for all the regions. The Primary responsibility for a product controller is to produce P&L for the trading desk, substantiate the P&L numbers, explain the P&L to the desk and onshore regional controllers and ensure that they 'control' environment is maintained. Team is also responsible for producing business critical reports like Unsecured funding report (UF) and Tokyo Guarantee report.

Role & Responsibilities -

- Detailed understanding of the various products across Equity and Fixed income businesses and any valuation issues thereof. Good understanding of PC processes and relevant controls

- Ability to understand the booking structure for complex trades and raise relevant issues to Product Control management.

- Good Logical reasoning skills, ability to apply existing knowledge to take logical approach while solving new un-seen issues.

- Strong control mindset

- To ensure that the daily P&L is accurately reported in accordance with applicable policies post performing relevant controls.

- To ensure that the relevant P&L and Balance sheet positions are correctly reported at month end and issues/breaks identified are resolved before ledger close

- Ensuring that various critical reports owned by team are accurately produced post performing relevant controls.

- Providing commentary on P&L swings and variance investigation to desk/senior finance managers as required

- Ensuring that adhoc queries from business managers and finance management are responded in timely manner post required analytical review

- To ensure that all defined controls are adhered to

- Proactively identifying control gaps and working towards closing gaps post relevant discussions with onshore stakeholders

- To keep local management as well as onshore stakeholders informed about recurring process issues/challenges as well as process changes

- Ensuring that rationale behind various charges levied by Treasury to businesses is clearly understood and working with business representatives on related enhancements.

- To ensure relevant KRI's as well as KPI's are accurately updated in timely manner and also lead the relevant discussions with onshore stakeholders/local management

- Ensuring complete ownership of the processes covered, team and related deliverables

- Ensuring that sufficient backups exist across teams under coverage thereby reducing key man dependency

- To ensure that team is equipped with relevant technical as well as interpersonal skills and also any training gaps are identified and worked upon in a timely manner

- Proactively identify opportunities for process improvement & work with team to roll out agreed process changes post relevant approvals

- Independently handle various internal and external audit requests along with working towards the closure of audit findings.