Job Summary

Develop and maintain appropriate policies and procedures to ensure the accounting, management, and financial reporting integrity of the trading desks' balance sheet and P&L. Develop and execute procedures for Balance Sheet Reconciliation and Substantiation. The role is based out of Bangalore and reports to the AVP of the respective Asset Class. The PC team supports various asset classes like FX, Rates, Credit, etc.

Responsibilities

- Responsible for P&L and Balance Sheet-related controls covering various product categories and regions (Asset classes: Credit, Equities, Fixed Income, Commodities, Treasury, etc.).

- Ensure controls and reviews are maintained for Daily P&L production, Core reconciliations, Month-end close, and Balance Sheet Substantiation.

- Ensure timely lockdown of daily and monthly P&L by teams.

- Substantiate daily and monthly adjustments held in P&L and control accounts.

- Review monthly/quarterly balance sheet substantiation and potential financial exposure.

- Review various reconciliation reports, management packs, and ad-hoc reports.

- Review month-end journals for accruals, provisions, and true-ups.

- Ensure high standards of quality in submitted work.

- Ensure adherence to SLAs, KPIs, internal metrics, and FMG-wide policies.

- Identify and manage risk and control breakdowns.

- Develop and maintain effective and standard processes.

- Maintain Key Operating Procedures (KOPs)/Desktop Instructions (DIs).

- Support change project initiatives and conduct User Acceptance Testing for systems enhancements or migrations.

Strategy

- Review the monthly balance sheet, with substantiation and potential financial exposure.

- Prepare various reconciliation reports, management packs, and ad-hoc reports.

- Post and review month-end journals for accruals, provisions, and true-ups.

- Ensure high standards of quality in submitted work.

Business

- Ensure adherence to SLAs, KPIs, internal metrics, and FMG-wide policies.

- Identify and manage risk and control breakdowns.

- Develop and maintain effective and standard processes.

- Maintain KOPs/DIs.

- Support change project initiatives and conduct User Acceptance Testing for system enhancements or migrations.

- Produce monthly packs and assist in implementing sound controls and consistent processes.

- Balance Sheet & RWA forecasting for Corporate Finance.

- Client Analytics - Understanding client performance, relationships, and resource consumption.

- Produce and validate CF scorecards to measure business performance.

- Conduct bespoke analysis of ledger and client balances to help the business achieve targets.

Risk Management

- Ensure controls and reviews are maintained for Daily P&L production, core reconciliations, month-end close, and BSRS.

Key Stakeholders

- Regular engagement with Deal Team, 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 and understand issues, and escalate appropriately for timely resolution.

- Manage strong relationships with support teams (IT, Operations, and Risk) and bring synergies by interacting and integrating with cross-functional teams.

Skills and Experience

- Communication

- Accounting

- Product Control

- Financial Market Products

Qualifications

- MBA, CA, CFA, ACCA with a minimum of 6+ years of experience (post qualification) in a financial service industry with at least 2+ years of People Management experience.

- Strong leadership skills and ability to manage teams.

- Control mindset and ability to identify and mitigate control gaps.

- Good understanding of financial market products.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've 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 you’re 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 can't wait to see the talents you can bring us.

What we offer

- Competitive salary and benefits to support mental, physical, financial, and social wellbeing.

- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available.

- Time-off including annual leave, parental/maternity (20 weeks), sabbatical (up to 12 months), and volunteering leave (3 days), with a combined minimum of 30 days for annual and public holidays.

- Flexible working options based around home and office locations, with flexible working patterns.

- Proactive wellbeing support through Unmind, a market-leading digital well-being platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders, and self-help toolkits.

- Continuous learning culture with opportunities to reskill and upskill, and access to physical, virtual, and digital learning.

- Being part of an inclusive and values-driven organization, embracing and celebrating unique diversity and enabling everyone to realize their full potential.

For further information, and to apply, please visit our website via the “Apply” button below.