Specialist, Product Control GBS

Standard Chartered Bank; Bengaluru; On-site; INR 700,000 - 950,000; Full time

Job summary

Standard Chartered Bank in Bengaluru is seeking a Product Control professional to develop and maintain policies, ensure balance sheet integrity, and oversee TRR reporting across regions.

You will collaborate with Middle Office, IT, Operations, and external auditors, support month-end MIS, and drive process improvements to strengthen controls.

Candidates with 0–3 years in Financial Market Operations or Product Control, strong communication, and a can-do attitude are encouraged to apply.

Qualifications

• Degree level education in finance or quantitative field.
• 0–3 years of experience in Financial Market Operations, Middle Office Control or Market and Reference Data Control / Product Control.
• Ability to work under pressure to tight deadlines and deliver high quality output.
• Strong interpersonal and written/verbal communication skills.
• Analytical mindset and proactive problem solving.

Responsibilities

• Develop and maintain policies and procedures ensuring the accounting, management and financial reporting integrity of the trading desks balance sheet and P&L.
• Develop and execute Balance Sheet Reconciliation and Substantiation procedures.
• Produce timely daily TRR reporting across regions; support month-end MIS reporting.
• Liaise with Middle Office, IT, Operations and external auditors to resolve issues.
• Support process changes and BAU improvements in control environments.

Skills

Communication

Financial Market Products

Product Control

Education

Bachelor's degree in Finance or quantitative field

Job description

The Role Responsibilities

Job Role

• Develop and maintain appropriate policies and procedures which ensure the accounting, management and financial reporting integrity of the trading desks balance sheet and P&L.
• Develop and execute appropriate procedures for Balance Sheet Reconciliation and Substantiation.

Strategy

• To ensure that the Product Control responsibilities as a function are met. These include,
• Timely production of daily TRR reporting across different regions globally.
• All FM products are in scope and controlled.
• Timely support of daily C&A exceptions and queries handling.
• Monitoring of key controls / processes around daily C&A and TRR reports.
• Contact point for Internal, External Audits and Regulatory Reviews for TRR report.
• Responsible for Month-end MIS reporting.
• Ensuring that all controls are followed and reviewed in a timely manner.
• Liaising with different stakeholders like Middle Office, IT, Operation, External Audit and respective financial controller to timely resolution of the issues.
• Initiating process changes to drive quality in production and controls.
• Supporting projects related to enhancing BAU process.
• Responsible for Month-end MIS reporting.
• Contact point for Internal, External Audits and Regulatory Reviews for TRR report.
• Primary contact person for the business and Local Finance teams with regards to queries / issues on controls processes.

BusinessSupport Product Control at the organizational level, keeping in mind the relevance to business strategy. Apply a structured methodology to deliver the project through creation / execution of a plan to support adoption of the changes.

Processes

• The main function of this role will be
• Formulating and reviewing the banks valuation policies in accordance to various accounting and regulatory guidelines.
• C&A reporting and supports daily preparation of TRR report, identification and reporting of TRR exception to Front Office of FM products across the globe.

People and Talent

• Maintaining a pleasant workplace environment which is motivating and enables high performance within team.
• Minimise dependency on key people by cross training.
• Manage self career and growth expectations.

Risk Management

• Display exemplary conduct and live by the Groups Values and Code of Conduct.

Governance

Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Key Stakeholders

• Liaising with different stakeholders like Middle Office, IT, Operation, External Audit and respective financial controller to timely resolution of the issues.
• Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.
• Act as a point of reference for team members and internal clients.
• Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and elevate appropriately for timely resolution.
• Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.

Our Ideal Candidate

• Educated to degree level; preferably with a Finance / Masters degree in a quantitative subject.
• 0 - 3 years of experience preferably working within support functions from Financial Market Operations, Middle Office Control / Market and Reference Data Control / Product Control)
• Ability to work under constant pressure to tight deadlines and deliver high quality output.
• Lateral thinker who is a strong team player with ability to work independently.
• Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally.
• Analytical and challenging mindset.
• CAN DO attitude

Role Specific Technical Competencies

• Communication
• Financial Market Products
• Product Control

About Standard Chartered

Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If youre looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we cant wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours.

When you work with us, youll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate .