Associate Vice President, Product Control

Job Summary The Product Control GBS is accountable for delivery of the end-to-end product valuation control functions in GBS and manage different strategic initiatives for the function We are seeking a dynamic and technically skilled professional to join our PC team This role will play a pivotal part in expanding the Bank s Product Control developing compliant and commercially effective strategies and supporting IFRS 9 transition initiatives The successful candidate will work for Product Control working closely with Technical Accounting Macro Traded Risk and other key stakeholders to deliver best-in-class controllership across the Group Key Responsibilities Strategy Manage a team covering various product categories and regions Asset classes Rates FX FXO Com XVA Ensure appropriate controls and reviews are maintained for Daily P L production Core reconciliations Month end close and BSRS Ensure the teams are performing timely lockdown of daily and monthly P L Business Should be able to substantiate daily and monthly adjustments held in P L and control accounts Review monthly balance sheet with substantiation and potential financial exposure Review various reconciliation reports management packs and adhoc reports Review of month end Journals for accrual provision and true up Processes Take responsibility for the quality of work submitted and ensure that the highest standards are maintained Ensure adherence to SLA s KPI s Internal metrics FMG wide policies Identify manage risk and control breakdowns Develop Maintain effective and standard processes Maintain KOP s DI s Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system People Talent Lead through example and build the appropriate culture and values Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks Employ engage and retain high quality people with succession planning for critical roles Responsibility to review team structure capacity plans Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives Risk Management Prepare and present complex technical hedge accounting papers under IAS 39 IFRS 9 for internal stakeholders and external auditor endorsement Governance Identify opportunities for process improvements and drive initiatives to enhance efficiency and effectiveness Regulatory Business Conduct Display exemplary conduct and live by the Group s Values and Code of Conduct Take personal responsibility for embedding the highest standards of ethics including regulatory and business conduct across Standard Chartered Bank This includes understanding and ensuring compliance with in letter and spirit all applicable laws regulations guidelines and the Group Code of Conduct Lead to achieve the outcomes set out in the Bank s Conduct Principles Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Serve as a Director of the Board Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association Key stakeholders IRRBB UK and regional Regional Treasurer Head and Directors Treasury Market Global Technical Accountant team Singapore Valuation Control team Singapore Treasury COO team Singapore India Treasury CFO team Singapore Product Control India Sabre Tech team Singapore Skills and Experience Bachelor s degree in accounting Finance or a related field a Master s degree or professional certification e g CPA CFA is strongly preferred 8-10 years of experience in finance or accounting functions with a strong preference for candidates with hedge accounting expertise Deep technical knowledge of hedge accounting frameworks e g IAS 39 and practical experience in financial instrument valuation Demonstrated success in designing and executing hedge accounting strategies across multiple risk types Strong analytical mindset and problem-solving capabilities with the ability to apply judgment in data-driven decisions Excellent communication and interpersonal skills with the ability to effectively influence and collaborate across business finance and technical teams Familiarity with hedge accounting tools and financial systems e g Sabre Cortex Murex is an advantage Role Specific Technical Competencies Ability to engage and manage stakeholders in delivering objectives and outcomes Strong excel and data analysis skills Accounting knowledge and understanding of financial statements Financial Market and product knowledge 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 Our purpose to drive commerce and prosperity through our unique diversity together with our brand promise to be here for good are achieved by how we each live our valued behaviours When you work with us you ll see how we value difference and advocate inclusion Together we Do the right thing and are assertive challenge one another and live with integrity while putting the client at the heart of what we do Never settle continuously striving to improve and innovate keeping things simple and learning from doing well and not so well Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offer In line with our Fair Pay Charter we offer a competitive salary and benefits to support your mental physical financial and social wellbeing 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 along with minimum global standards for annual and public holiday which is 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 all sorts of self-help toolkits A continuous learning culture to support your growth with opportunities to reskill and upskill and access to physical virtual and digital learning Being part of an inclusive and values driven organisation one that embraces and celebrates our unique diversity across our teams business functions and geographies - everyone feels respected and can realise their full potential 36762