Specialist, Product Control

Requisition Number: 45670

Job Location: Bangalore, IND

Work Type: Office Working

Employment Type: Permanent

Posting Start Date: 11/12/2025

Posting End Date: 10/01/2026

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Job Summary

• The Product Control is accountable for delivery of the end-to-end product & valuation control functions in GBS and lead different strategic initiatives for Finance.
• We are seeking a dynamic and technically skilled professional to join our Macro PC team. This role will play a pivotal part in expanding the Bank's accounting capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives. The successful candidate will work for Product Control, working closely with Front office, Middle Office, Technical Accounting, Treasury, IRRBB, Product Control, and other key stakeholders to deliver best-in-class finance reporting and control implementation across the Group. This will include:
• Timely production of daily P&L reporting for Macro Trading - Product Control. The main products controlled are Rates (Bonds/SWAP), FX Products, Repos, Equity Derivatives Government Bonds & T-Bills, Fixed Deposits, Certificates of Deposits, Debt Issuance, and associated hedges interest rate hedges (IRS, CCS, FX Swaps).
• Execute processes to ensure adherence to IAS39/IFRS9.
• Execution of daily/monthly controls around P&L and Balance Sheet
• Review of Daily/Month end reconciliations between the various TP systems and the General Ledger.
• Assist in preparation of quarterly and annual disclosures with necessary commentaries.
• Liaising with different stakeholders like desk, middle office, IT, operation, external audit and respective financial controller to timely resolution of the issues
• Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.

Strategy

• Ensure awareness and understanding of the group business strategy and model appropriate to the role

Business

• Ensure awareness and understanding of the wider business, economic and market environment in which the group operates

Processes

• Ensure processes for which the person is responsible is executed as required.

Risk Management

• Ensure awareness and understanding of the main risks facing the Group

Governance

• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Regular face off with traders, product control management, IRRBB, treasury markets, regional finance team and various internal stakeholders within GFS.
• Act as a point of reference for team members and internal clients.
• Manage relationship with internal stakeholders, take regular feedback, anticipate, and understand issues and escalate appropriately for timely resolution
• Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams

Other Responsibilities

• Embed Here for good and Group's brand and values in team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures;

Skills and Experience

• Accounting
• Derivatives
• Effective Communication
• Financial and accounting systems
• Internal Controls

Qualifications

• CA/MBA/CFA/FRM/ACCA having 2-4 years of work experience
• Good understanding of accounting and basic understanding of financial markets products;
• Strong control mindset;
• Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders.
• Proficiency in tools such as Excel (advanced), SQL, Power BI for data mining, transformation, and dashboard reporting will be an added advantage
• Prior experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage

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.