Job Description
Central PC Controls team is responsible for delivering the end-to-end FM P&L (Financial Markets) product & valuation control functions in GBS and managing strategic initiatives for FM PC.
Job Summary
The Head of Central PC Controls works closely with the Line PC across FM, GBS and the PC senior management team in Bangalore & Singapore to deliver the objectives of the function.
Key Responsibilities
- Monitoring key controls/processes around Daily P&L & Balance Sheet (Asset classes: FX / FXO / Rates / Credit / Commodities / Treasury, etc.)
- Ensuring that all controls are followed, completed and reviewed in a timely manner
- Managing stakeholder expectations – liaising with key stakeholders such as Technology, Product Control line teams, in-country finance teams, COO, Risk teams and other finance and Ops teams within GBS
- Review of Daily/Month end reconciliations between the various TP systems and the General Ledger
- Assist in the design, testing and implementation of TP data integrity/exception reports
- End‑to‑end delivery of Monthly AvF Reconciliation
- Review month‑end balance sheet substantiation of PC owned balances
- Provide assistance with accurate classification and measurement of financial instruments as per IFRS 9
- Ideation/Initiation of process simplification/automation of daily processes
- Maintenance of DOI for Daily P&L and AvF processes
- Preparation of regular and ad hoc month‑end journals as part of ME book close
- Ensure awareness and understanding of the Group’s business strategy and model appropriate to the role
- Ensure processes for which the individual is responsible are executed as required
- Lead by example and build the appropriate culture and values
- Provide ongoing training and development of people; ensure holders of all critical functions are suitably skilled and qualified, with effective supervision in place to mitigate risks
- Employ, engage and retain high quality people, with succession planning for critical roles
- Review team structure/capacity plans
- Set and monitor job descriptions and objectives for direct reports; provide feedback and rewards in line with performance against those responsibilities and objectives
Key Stakeholders
- 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 relationships with internal stakeholders, take regular feedback, anticipate issues and resolve timely
- Manage strong relationships with support teams (IT, Operations and Risk) and bring synergies through cross‑functional integration
Skills and Experience
- Communication
- Finance and Accounting
- Financial Market Products
Qualifications
- CA or MBA (Finance) from a reputed institution
- 6+ years of experience in a similar field
- Good understanding of accounting and financial markets products
- Analytical skills, hands‑on experience with PeopleSoft financials, SAP, MS Office & MS SQL is an added advantage
- Strong control mindset
- Strong interpersonal and communication (verbal and written) skills, helping to build an effective internal network across numerous stakeholders
Benefits
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
- Time‑off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), with minimum global standards for annual and public holiday, combined to 30 days minimum
- Flexible working options based around home and office locations, with flexible working patterns
- Proactive wellbeing support through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and self‑help toolkits
- A continuous learning culture to support growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
- Being part of an inclusive and values‑driven organisation that embraces and celebrates diversity across teams, business functions and geographies – everyone feels respected and can realise their full potential
Candidates must be resident in Malaysia, or have the right to work in Malaysia.