Global Markets Product Control Manager (Valuation Control)

HSBC; Kuala Lumpur; On-site; MYR 120,000 - 150,000; Full time

Job summary

A leading financial institution in Kuala Lumpur is seeking to hire a Global Markets Product Control Manager, responsible for overseeing P&L analysis of complex derivatives and ensuring valuation control. The ideal candidate will possess a degree in Accounting or Finance, strong analytical and communication skills, and experience in leading teams. This role offers a unique opportunity to influence product control and financial reporting in a dynamic environment. Candidates with local work rights will be prioritized.

Qualifications

• Degree in Accounting or Finance is essential.
• Strong analytical and problem-solving skills are required.
• Experience in Product Control or Treasury Finance is preferable.

Responsibilities

• Lead the team overseeing P&L analysis of complex derivatives.
• Coordinate new product due diligence from Product Control perspective.
• Implement efficiency initiatives or systems in Product Control.

Skills

Accounting knowledge

Excellent communication skills

Analytical skills

Team leadership

Excel proficiency

Education

Degree in Accounting or Finance

Tools

Treasury systems

Job description

Some careers have more impact than others.

If you’re looking for a role where you can continue to make an impression, take the next step at HSBC where your contributions will always be valued.

Global Markets

Offering clients direct access to the rapid growth in emerging markets worldwide, HSBC Global Markets complements local knowledge in 60 countries with a sophisticated understanding of global economics. Focusing on four principal asset classes – foreign exchange, rates, credit and equities - Global Markets offers unrivalled investment expertise and market knowledge to global investors.

We are now inviting qualified individuals to join this team in the role of Global Markets Product Control Manager (Valuation Control).

Principal Responsibilities

1. Leading a team and overseeing:
   • Profit & Loss (P&L) analysis of complex derivatives and structured deposits/notes business;
   • Valuation control of complex derivatives;
   • OCS curve analysis and P&L computation of OCS;
   • Analytical review of trader activity;
   • Day 1 P&L analysis of structured desk trades;
   • Preparing management reporting of structured desk portfolio and providing support to Chief Accounting Officer (CAO) team for financial reporting.
2. Coordinating new product due diligence for Global Markets (GM) from a Product Control perspective;
3. Plan, coordinate and implement new efficiency initiatives or systems involving Product Control.
4. Supporting GM by providing product control and finance advice, and carrying out analysis of the business.
5. Maintain HSBC internal control standards, including the timely implementation of internal and external audit points together with any issues raised by external regulators.

Qualifications

• Possess a degree in Accounting or Finance.
• Good written and verbal communication skills with experience of successfully influencing others and negotiating effectively.
• A good understanding of Treasury products (especially derivatives), and their accounting implications. Having experience in Product Control and/or Treasury Finance is an advantage.
• Strong interpersonal skills and interacts well with all levels of staff and stakeholders. Experience in leading a team successfully in meeting their objectives is an advantage.
• Excellent analytical and problem-solving skills.
• Able to work independently.
• Able to deliver within tight deadlines.
• High computer literacy and systems aptitude; must be adept in using Excel. Experience with Treasury systems and programming language is an advantage.

Due to local laws and governance, candidates with immediate right to work locally and no relocation need will be prioritised.

Opening up a world of opportunity.

www.hsbc.com/careers

HSBC is committed to building a culture where all employees are valued, respectful and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC Bank Malaysia Berhad