Junior Product Controller - Intern

HSBC Holdings plc; Kraków; On-site; PLN 46,000 - 55,000; Full time

Job summary

HSBC Holdings plc in Krakow is seeking a Junior Product Controller within Global Markets Finance Operations Centre. You will support daily and monthly P&L and balance sheet reconciliations and substantiation, reporting and P&L attribution across designated trading desks.

You will work with stakeholders across Product Control, IT and Operations to meet requirements. The role emphasizes English communication, knowledge of financial markets, and proficiency in Excel.

Qualifications

• Fluent English communication (written and spoken).
• Strong understanding of financial markets and traded products life cycle.
• Knowledge of accounting principles and valuation techniques.
• Experience with P&L and balance sheet validation.
• Proficient Excel for analysis and reporting.

Responsibilities

• Produce daily and monthly P&L and balance sheet reconciliations for assigned trading desks.
• Review key P&L components including new trade P&L, market environment P&L, carry P&L and cancel and amend activity.
• Prepare accurate Value-at-Risk VaR and non-VaR P&L attribution for back testing.
• Upload results for management review and prepare commentary and analysis on key movements.
• Identify production exceptions, resolve where possible and coordinate with other Product Control teams to close breaks.
• Perform basic balance sheet analysis and control tasks to support accurate books and records.
• Maintain process documentation and share knowledge to support consistent delivery.
• Support automation of manual processes to improve productivity and control.

Skills

Communicate effectively in written and

Excel proficiency

Tools

MS Excel

Job description

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.

Global Markets Product Control is part of Global Banking and Markets Finance and is responsible for the production and independent validation of Global Markets profit and loss and balance sheet. The team ensures accounting policies are correctly and consistently applied and that trading portfolios are appropriately valued. As a Junior Product Controller in the Global Finance Operations Centre in Krakow you’ll support daily and monthly P&L and balance sheet reconciliations and substantiation, reporting and P&L attribution. You’ll work closely with stakeholders across Product Control, IT, Operations, Change and the business to meet requirements as they arise.

What you’ll do

• Produce daily and monthly P&L and balance sheet reconciliations, substantiation and reporting for assigned trading desks.
• Review key P&L components including new trade P&L, market environment P&L, carry P&L and cancel and amend activity.
• Prepare accurate Value-at-Risk VaR and non-VaR P&L attribution for back testing.
• Upload results for management review and prepare commentary and analysis on key movements.
• Identify production exceptions, resolve where possible and coordinate with other Product Control teams to close breaks.
• Perform basic balance sheet analysis and control tasks to support accurate books and records.
• Maintain process documentation and share knowledge to support consistent delivery.
• Support automation of manual processes to improve productivity and control.

What you need to have to succeed in this role

• Communicate effectively in written and spoken English with stakeholders at different levels of seniority.
• Apply knowledge of financial markets including traded products and their life cycle.
• Use understanding of accounting principles and valuation techniques to support independent P&L and balance sheet validation.
• Interpret P&L attribution and understand how P&L interacts with risk positions and market movements.
• Investigate issues as they arise and resolve production exceptions and management queries promptly.
• Work effectively with colleagues across Valuation Control, onshore teams and other support functions.
• Use MS Excel confidently for analysis and reporting.
• Bring product control or valuation control experience or equivalent relevant experience.

What we offer

The pay range for this role is 4 500 PLN (monthly, gross).