AVP GM Product Control, Hang Seng

HSBC Holdings plc; Taguig; Sur place; PHP 1 200 000 - 1 800 000; Plein temps

Résumé du poste

HSBC Philippines is seeking an AVP GM Product Control to support MSS and MKTY businesses. The role focuses on accurate P/L reporting, controls, and balance sheet substantiation within a fast-paced trading environment.

The candidate should have 3+ years in Product Control or related fields, strong Excel (VBA/Python a plus), and professional qualifications (CPA/CFA/FRM advantageous). Willingness to work shifts and collaborate with Asia Pacific teams is essential.

Qualifications

• 3+ years of Product Control or similar discipline experience.
• Knowledge of financial market products, risks, data flows and P/L processes.
• Strong written and oral English communication skills.
• Advanced Excel skills; VBA or Python experience; AI initiatives is a plus.
• Analytical mindset with proactive problem solving.
• Professional qualifications such as CPA, CFA, FRM are advantageous.

Responsabilités

• Provide financial accounting, control and analytical support to MSS with P/L and balance sheet focus.
• Lead front-to-back reconciliations and ensure accurate reporting and trend analysis.
• Maintain book controls, data integrity and system interfaces.
• Support month-end close and periodic returns, with strong control discipline.
• Coordinate with onshore teams and auditors; drive process improvements.
• Monitor KRIs/KPIs and contribute to automation and efficiency initiatives.

Connaissances

Product Control

Financial market knowledge

Excel

VBA

Python

English communication

Analytical thinking

Professional qualifications (CPA/CFA/5

Outils

MS Excel

VBA

Python

Description du poste

Taguig, National Capital Region (NCR), PH, 1634

Brand: HSBC

Area of Interest:

Role Workstyle:

Date: 20 Oct 2026

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

AVP GM Product Control, Hang Seng

Role Purpose

Product Control (PC) is a critical support function to the Markets and Securities Services (MSS) and Markets Treasury (MKTY) businesses. It provides independent control and assurance of financials, product expertise, commercial insight and guidance to the business and other related support functions. The role sits within a team that performs PC processes and deliverables supporting the Hang Seng MSS business, with a focus on quality, performance, and process design, to ultimately protect the quality of the bank’s financial statements. The role requires an understanding of key Profit & Loss (P&L) drivers and controls, and assisting in detection of inappropriate trading activity.

Principal Accountabilities

Impact on the Business:

Primary responsibility includes providing financial accounting, control and analytical support to the MSS business including one or more tasks of the following:

P&L Reporting

• Production, analysis, explanation and reporting of the daily trading profit and loss (P&L) for assigned entity(ies) and desk(s) within the HASE MSS (incl. MKTY) business. Identify unusual P&L patterns, valuation movements, or booking behaviors. Lead investigation of complex breaks and drive cross-team resolution. Ensure controls are evidenced, and issues escalated promptly per policy.
• Perform front-to-back reconciliations, inter-system reconciliations, and system delivery to ensure trade completeness and accuracy in P&L and reporting systems. This includes, but not limited to, reconciliation of Trader P&L Estimates to Actual P&L, P&L Attribution Analysis, and Significant Trade Review.
• Support month-end close activities

Exception report monitoring and inter-system reconciliations

• Review and perform daily exception monitoring and elevate issues exceeding agreed thresholds. Exception reporting includes (but not limited to) monitoring of Primary Trading System to General Ledger reconciliations, back-office system exceptions, dealing activity/identification of inappropriate trading activity.
• Review and perform inter-system reconciliations to ensure the integrity and consistency of the trade information recorded in the various systems utilized by the business.
• Liaise with onshore Product Control teams to ensure daily reconciliations are accurate and breaks are cleared in a timely manner.

Book Controls

• Provide system administration and governance for book opening process.
• Ensure data integrity, manage system interfaces, maintain access/controls and own the production support for various financial data platform applications.

Balance Sheet Substantiation

• Ascertain reasonableness, propriety and integrity of the account balances through reconciliation and substantiation.
• Perform reconciliation of balances and review of pertinent supporting documentation.
• Assessing and escalation of any potential impact to P&L and Equity Reserves arising from any misstatement.

Production and Reporting of Monthly and Periodic Returns

• Preparation of periodic reports primarily required for regional and group reporting.
• Calculation and preparation of daily and month-end adjustments to MSS profit and loss and balance sheet accounts. This includes posting of adjustments including accruals via manual entries to relevant reporting systems.

Audit and Other Reviews

• Proactively supports the periodic review of control processes including thresholds, and implementation of control enhancements.
• Coordination with internal and external auditors during regular audits.
• Preparation of various schedules and supporting documents as required.
• Conducts walkthroughs and draft replies to address exceptions noted.

Other Responsibilities

• Monitoring and reporting of Key Risk and Key Process Indicators (KRIs and KPIs). Accountable for daily service delivery (timeliness/accuracy) across the team’s scope
• Drives strategic change initiatives including various projects and system/ infrastructure enhancements as well as automation roadmap within Product Control. Identify areas for process improvement and find innovative solutions with specific focus on improving controls and reducing operational risks.
• Assists Team Lead (VP) for workload allocation, and coaching and training junior staff
• Any other work assigned by the head of the team.

Customers / Stakeholders

• The candidate is expected to proactively build and manage relationships with onshore Product Control teams across Asia Pacific as well as other internal clients within Finance, GFC, Middle Office, Internal Audit, Change Team and IT.

Leadership & Teamwork

• Role holder will be responsible for assisting the Team Lead/Line Manager in reviewing the team’s daily deliverables, ensuring accurate and timely control and service delivery, leading the team in resolving issues, and addressing queries and ad hoc requests made by various stakeholders.
• Role holder will also aid Team Lead/Line Manager in achieving the goals and objectives established by Senior Management in Product Control.

Operational Effectiveness & Control

• Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Help define the target operating model, understand the gap between current and target processes, and work with line manager to identify opportunities for improvement and work with other project teams to ensure that proposed solutions will meet the requirements and are implemented on time.

Qualifications

• At least 3 years of Product Control experience or similar discipline experience
• Knowledge and experience of financial market products and their associated risks, data flows, trade lifecycle, accounting principles and valuation techniques/models. Knowledge of primary financial statements (Balance Sheet & Income Statement).
• Excellent interpersonal skills and able to work with people across different locations and backgrounds. Very good written English and oral communication skills.
• Demonstrated leadership potential (e.g., leading initiatives, influencing stakeholders, driving outcomes). People management experience isn’t required.
• Advanced MS Excel skills, quantitative skills, VBA or Python experience, and involvement in AI initiatives is an advantage
• Excellent analytical skills and a proactive approach to problem solving.
• Professional qualifications such as CPA, CFA and FRM will be an added advantage.
• Willing to work in shifts schedules, change on weekly statutory rest day and weekly contractual rest day from time to time, depending upon operational and/or business requirements.
• Flexible to work at such premises of the Company.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

HSBC is committed to building a culture where all employees are valued, respected 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 Hong Kong and Shanghai Banking Corporation Limited Philippines