Role & Responsibilities:
- We are looking for an enthusiastic self-driven Product Controller to join the Wealth
- Management PC team.
- The individual needs to demonstrate strong Control mindset and will be responsible for providing oversight of daily P&L and balance sheet movements of the business.
- We would require the individual to be well versed with Equities, Fixed Income products and structures commonly seen in the Asian markets. The role requires frequent interaction with business and stakeholders across Finance.
- Responsible for International Wealth Management business commensurate to Private
- Banking Finance. Take ownership, and be accountable for the timely and accurate calculation, verification, reporting of daily P&L and MI to internal stakeholders.
- Interaction with Business, Operations, Risk, Treasury, FC&R, CMA, Valuations and other functions to resolve booking, valuation, accounting, financial resource and management reporting queries including follow up Undertake critical reviews and analysis of IWM business activity with the objective of highlighting significant items to senior management.
- Undertake various month activities which includes Balance Sheet substantiation, transfer pricing, MIS/KPI, EOM financial reporting and validation of key senior management metrics.
- Supporting team in managing automations including process walkthroughs for developers, supporting in testing and completing related documentation
- Proactively Identifying the opportunities for process automation/reengineering and taking these to logical conclusion post approval from management as well as onshore stakeholders
- Training new joiners/junior members and providing guidance to junior team members in handling unusual breaks/queries
Mandatory Skill Set :
- Demonstrates a good uderstanding features & payoff) of financial products such as Forwards, Swaps, Futures & Options (including exotic options), and Demonstrates an expert-level understanding of various pricing / valuation methodologies the relevant greeks and sensitivities involved.
- Strong communication skills and attention to details
- Knowledge of Database e.g.: SQL, MS Access
- Technical Experience within Private Banking accounting practices, balance sheet substantiation, transfer pricing and MI reporting.
- Experience with Avaloq banking suite.
Desired Skill Set :
- Demonstrates an expert-level understanding of various pricing / valuation methodologies
Experience: 6+ years PC experience in Investment Banking (IBD)/International Wealth Management (IWM)
Qualification: MBA (Finance)/ CFA / CA
