Controller - Product Control (Valuations & Analytics) - Assistant Manager

State Street; Bengaluru; On-site; INR 2,100,000 - 3,100,000; Full time

Job summary

State Street in Bengaluru is seeking a skilled Product Control professional to support IPV validation, re-pricing and the month-end close for Portfolio and FX products.

You will work with middle and front office, use Bloomberg/Reuters, and help ensure accuracy of fair value, SOX controls, and reporting.

Qualifications

• MBA/CA or Equivalent Accounting Degree with 3+ years of core experience in Valuation and IPV.
• IFRS and US GAAP knowledge preferred.
• Securities knowledge preferred.
• Bloomberg/ Reuters experience preferred.
• Strong analytical and Excel skills required.
• Good communication, organizational, and interpersonal skills.
• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Words).
• Direct experience with Product Control/Market knowledge preferred.

Responsibilities

• Assist with IPV validation and re-pricing of securities.
• Perform and prepare various back-testing and analytical reports.
• Assist in Product Control verifying market rates and closing prices, including off-market reporting.
• Utilize key analytical tools to conduct verification analysis (i.e. Bloomberg and Reuters).
• Work with internal partners (middle office, front office, and CMA) and external vendors to investigate pricing variances.
• Assist in Sarbanes-Oxley (SOX) coordination and testing.
• Assist in other projects as directed by manager.
• Monthly close activities for FX and Investment Portfolio.

Skills

Valuation & IPV

Analytical skills

Excel

Communication

Microsoft Office

Product Control knowledge

Market knowledge

Securities knowledge

Bloomberg

Reuters

Education

MBA/CA or equivalent accounting degree

Tools

Bloomberg

Reuters

Job description

Job Description

We are seeking a highly motivated professional to join the Product Control team to work with key managers with subject matter expertise to gain a broad understanding of State Street’s Portfolio and FX businesses including verifying the accuracy and integrity of the fair value of financial assets through the Independent Price Verification (IPV) process, month end and quarter end close for these products.

We are seeking a highly motivated professional to join the Product Control team to work with key managers with subject matter expertise to gain a broad understanding of State Street’s Portfolio and FX businesses including verifying the accuracy and integrity of the fair value of financial assets through the Independent Price Verification (IPV) process, month end and quarter end close for these products.

Primary Job Responsibilities

• Assist with IPV validation and re-pricing of securities


• Perform and prepare various back-testing and analytical reports


• Assist in Product Control verifying market rates and closing prices, including off-market reporting


• Utilize key analytical tools to conduct verification analysis (i.e. Bloomberg and Reuters)


• Work with internal partners (middle office, front office, and CMA) and external vendors to investigate pricing variances


• Assist in Sarbanes-Oxley (SOX) coordination and testing


• Assist in other projects as directed by manager


• Monthly close activities for FX and Investment Portfolio

Qualifications And Skills Required

• MBA/CA or Equivalent Accounting Degree with 3+ years of core experience in Valuation and IPV


• IFRS and US GAAP related knowledge is preferred


• Securities knowledge preferred


• Bloomberg/ Reuter’s experience preferred


• Strong analytical and excel skills required


• Good communication, organizational, and interpersonal skills


• Ability to develop process maps


• Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Words)


• Direct experience with Product Control/Market knowledge preferred


• Exceptional written and verbal communication and presentation skills


• High level of interpersonal skills and integrity


• Ability to coordinate and communicate across multiple levels of management


• Complex problem solving expertise


• Deadline focused with ability to adapt under pressure


• High degree of attention to detail and focus on error-free execution

Skills To Be Developed

• Understanding of State Street’s businesses, products and financial systems


• Analytical and problem solving skills


• Meeting preparation and presentation skills


• Development of global perspective and interaction with diverse cultures

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job ID: R-797953