About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation.
This in turn helps us to provide better support to our broad client base.
JOB PURPOSE : The role is based in Bangalore and reports to the Vice President, FX Product Control. The Product Control team supports the FX Trading business on a global basis.
There are also some major initiatives and projects that will need to be supported. KEY RESPONSIBILITIES 1. Responsible for : a.
daily Profit & Loss reporting and all associated analytical review and commentary analysisb.month end reconciliations between the various TP systems and the ledgerc.
accounting for structured transactions in accordance with IFRSd.month-end balance sheet substantiation of PC owned traded balances for countries which are in scopee.
monitoring month-end IPV impacts and reserves for Profit & Loss reporting2. Identification and implementation of key initiatives, such asa.
system / workflow enhancementsb.the implementation of changes in accounting regulations3. Develop a strong internal network by : a.
proactively engaging all key stakeholdersb.representing the team and department at various working groups / committee’sc.
reaching out to other business areas / regions to ensure best practice is implemented4. Provide proactive support to their line manager bya.
providing a well controlled and transparent governance structureb.challenging the status quo, working practices and assumptionsc.
challenging requests received from all key stakeholders KEY RELATIONSHIPS INTERNAL : 1.Head of FX Trading and Desk Heads2.
Head of FM Product Control and Product Heads3.Chief Financial Officer, FM4.Business and Country Finance Managers5.Finance streams in key projects EXTERNAL : 1.
KPMG (audit & advisory) KEY MEASURABLES : 1.A first class finance / Product Control division, which continually seeks to challenge and improve standards.
2.Driving closer alignment between Product Control and in-country finance teams.3.Optimal systems configuration and process improvements, leading to cost efficiencies.
4.A strong internal control environment, which will ensure the FICC business, continues to grow in a stable and well-controlled manner.
REPORTS TO : Head FX Product Control