Product Controller

India
- Finance
- Group Functions

**Job Reference #**
- 257634BR

**City**
- Hyderabad

**Job Type**
- Full Time

**Your role**
- An exciting opportunity in PC, where the role aspirant will be responsible for:
- Production & Review of daily P&L/RSBPL
- Interaction with traders and front office business managers, providing analytical support and new business implementation
- General on going awareness of external accounting standards and potential impact on business and traders
- Ensure Daily T1 P&L and Balance Sheet is accurately reported to the FO
- P&L reconciliation between Booking Risk Management systems vs Settlement systems and various management reporting tools & Trade life cycle Know-how.
- Ensure that the relevant P&L and Balance sheet positions are correctly reported at month ends
- Ensure proper reconciliation of daily T0 v/s T1 along with variance analysis and fit for purpose commentary
- F2B Reconciliations & Pre-P&L processing tasks must be completed in a timely manner and all issues identified as part of control checks to be escalated, followed-up through collaboration with IT Support, Onshore Team & other stakeholders for resolution in a timely manner
- Ensure all controls are executed as per the KPC and process KOPs
- Substantiation of the Balance Sheet, both daily and for month end sign off, as well as related commentaries requirements
- Coordinating the completion, delivery of the tasks allocated to the team and appropriate delegation of tasks by maintaining the accountability at all times
- Ensure that the KPIs and SLAs are met as per the governance framework
- Ensure the maintenance of a strong internal control environment and transparent communication with all the stakeholders involved
- Monitor control reports to ensure accuracy of data for P&L, validation of the attributes, Risk parameters and proper understanding of Front to Back flow
- Ensure clean audit results from internal and external reviews with proper justification and proof of evidence produced on demand
- Regular updates to the key stroke documentation process, regular risk assessment and SOX documentation of the EUAs
- Identifying and driving process re-engineering and constantly challenge the status quo for control improvement and process efficiency
- Contribute to the team to deliver continuous improvements (Process, People & Systems)
- Responding and resolving issues arising out of interactions with clients and stakeholders
- Establishing and maintaining effective working relationship with all the stakeholders.

**Your team**
- This role will give you the opportunity to build a strong knowledge base across multiple finance specialist areas including financial reporting, regulatory reporting, valuation considerations, operational support/controls and Centre of Excellence initiatives.

**Your expertise**
- A university degree or equivalent qualification (preferably CA / MBA or equivalent degree)
- A minimum of 6 years of work experience in Product Control domain & relevant prior experience of working in a banking finance role with a SME tag
- A broad understanding of the product types traded by the desk and any valuation know-how along with good understanding of risk attributes
- Must be well versed in double entry accounting standards
- A working knowledge of accounting aspects of transactions i.e. economic impact on P&L / Balance sheet.
- A team player with good communication skills, able to interact well with individuals and create synergy within the team
- MS office tools - Strong Understanding
- Understanding of VBA, Macros
- Strong presentation skills, ability to communicate clearly and effectively

**About us**
- UBS is the world’s largest and only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.
- With more than 70,000 employees, we have a presence in all major financial centers in more than 50 countries. Do you want to be one of us?

**How we hire**

**Join us**
- At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
- From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we’re more than ourselves. Ready to be part of #teamUBS and make an impact?

**Contact Details**
- UBS Recruiting India

**Disclaimer / Policy Statements**
- UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the di