The candidate would have strong analytical skills and attention to details. Past experience in product control function of trading business is preferable.
The role is within the Asia CEM Product Control space; responsibilities of which would include: -
Core Product control responsibility of ensuring the accuracy and integrity of Line of Business books and records. This responsibility encompasses:
· Independent Trader Profit &Loss and Risk reporting, validation of P&L Explain along with meaningful Risk based commentaries
Daily reconciliation of trade estimate with actual P&L
Month-end close process –
Working in partnership with Financial Control for accuracy and completeness of Financial books and records
Working with Valuation Control group to ensure valuation adjustments are correctly recorded.
Working with Legal Entity Controllers for appropriate FX exposure management as well as ensuring accuracy of books and records for every legal entity.
Ensuring correct risk sensitivity is sent to Value at Risk (VaR) and providing commentary on ensuing back testing results.
Review and qualitatively validate LOB inputs into quarterly US external reporting along with providing meaningful trending analysis and commentary
Balance sheet and RWA reporting & analysis in line with CIB minimum standards
Preparation of commentary based on risk as well as GAAP line for trading results, linking trading revenues to desk strategies and changes in market conditions.
Ascertain a thorough understanding of the end-to-end technology platform and associated feeds/downstream systems.
Ensuring adherence to internal and external policies/regulation including Antitrust compliance.
To manage a team of product controllers who perform all of the above functions on daily basis and act as an escalation point and provide solutions to the team members and stakeholders alike.
To assess impact and provide inputs on the projects affecting the Asia CEM Product control function including but not limited to various Risk management, aggregator tools and reporting system changes.
To work closely with other risk groups like Market risk, Quantitative risk, Technology, middle office on various day to day tasks and ad-hoc issues.
Knowledge, skills and experience required:
Bachelor's degree in Accounting, Finance, Business or related area
6+ years experience in Product Control function of a trading business.
3+ years of working experience on accounting of Bonds, Repo and derivative products.
3+ years of working experience on comprehensive P&L reporting requirement under Volcker rule, risk concepts, transfer pricing, FX exposure management and ability to connect the linkage across risk groups.
Good understanding of risk management, revenue reporting systems and end to end infrastructure would be a plus.
Experience of directly managing team across multiple locations.
Demonstrated ability to independently manage global initiatives and projects.
The candidate should be self-driven and self-motivator
Strong interpersonal/communication skills
Professional & collaborative attitude and a team player
Attention to detail, ability to work effectively to tight deadlines and control mindset.
Ability to challenge status quo, drive efficiency and innovation of processes
Excellent Excel knowledge and strong desktop skills