Avp - Product Control (Individual Contributor) Gsc's

**Some careers have more impact than others.**

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organizations 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of **AVP - Product Control (Individual Contributor)**

**Principal responsibilities**:

- Individual is expected to act as an individual contributor delivering P&L production, analysis & commentaries, P&L and Balance Sheet Reconciliations & substantiation, have sound knowledge of products, valuation and reporting activities pertaining to Global Markets business.
- Ensure service delivery of Finance Product Control processes per the standards set out in agreed SLAs within the HSBC Global Resourcing operating framework taking into account key operational risk (including people & processes) and ways to mitigate them and operating a well-defined control environment
- Lead, motivate and manage a team of finance professionals managing contingencies, learning & development, succession & progression planning, expectations and attrition management.
- Initiate and implement high-impact quality projects leading to operational efficiency and higher productivity (Within Six Sigma, Lean process improvement methodology)
- Continuous review of processes with the objective of improving the service delivery timeframes and identify areas of improvement
- Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism
- Create an environment within the team which fosters free sharing of knowledge & ideas
- Develop the soft skills and technical competency of team by putting together a personal development plan
- Ensuring that within the team there is succession planning, talent management, performance management and improved employee engagement.

Requirements
- Qualified Chartered Accountant/CFA/MBA with at least 6+ years of experience, or Graduate in Commerce with 8+ years of experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products
- Knowledge of Product Control functions in a banking environment with exposure to traded markets products will be an advantage.
- Expert knowledge of various financial products including but not limited to Interest Rate swaps, Cross Currency & Basis swaps, Forward Rate Agreements, Equity Derivatives, Credit Derivatives, Bonds, Repos, FX Options, Money Market instruments, Credit default Swaps, Total Return Swaps, FX products etc.
- Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage.
- Ability to manage migrations of finance processes and exposure to diverse/multi-culture work environments with strong organization, time management and prioritization skills.
- Accounting knowledge specializing in derivative products and fixed income products.
- Excellent communication skills and presentation skills are mandatory, as are good tact and diplomacy, as the role requires relationship management with other individuals and teams within the HSBC Group
- Interpersonal skills: persistent, ability to work effectively with senior & junior staff, ability to challenge inputs from senior colleagues in a constructive manner, ability to give feedback positively, co-ordinate work across multiple teams, multi-task.
- Ability to multitask and deliver quality work under pressure.
- Ability to deliver projects and processes.
- Strong analytical and problem solving skills with good attention to detail.
- Flexibility to travel and readiness to work in shift hours in different time zones.

**Issued by HSBC Electronic Data Processing (India) Private LTD