Director, Product Control

Job ID: 36866

Location: Bangalore, IN

Area of interest: Audit, Accounting & Finance

Job type: Regular Employee

Work style: Office Working

Opening date: 8 Aug 2025

Job Summary

We are seeking a highly skilled and experienced Director to lead our Global Banking, and IFRS Impairment Product & Valuation Control functions. The ideal candidate will possess a strong background in accounting, financial control, and leadership, with a proven track record in managing daily P&L and balance sheet controls, revenue recognition, loans and equity valuations, and independent price verification (IPV). This role demands proactive decision-making, accountability, and the ability to drive projects and audits to successful completion.

Key Responsibilities

Product and Valuation Control:

• Lead the product control function for Global Banking and IFRS impairment.
• Ensure timely and accurate reporting of financial results, including analysis and commentary on variances.
• Develop and maintain strong relationships with front office, risk management, and other key stakeholders.
• Oversee the daily P&L and balance sheet controls, ensuring accuracy and compliance with accounting standards.
• Manage revenue recognition processes, ensuring alignment with IFRS9, IFRS15 and other regulatory requirements.
• Implement and maintain robust control frameworks to mitigate risks and ensure data integrity

Independent Price Verification (IPV):

• Oversee the valuation control processes for loans and equity, ensuring accurate and fair valuation in compliance with relevant standards and regulations.
• Manage the IPV process to ensure the integrity and reliability of valuation data for financial instruments.
• Implement and maintain IPV policies and procedures in accordance with industry best practices and regulatory requirements

Business Partnering and Networking:

• Act as a strategic business partner to senior management, providing financial insights and recommendations to support decision-making.
• Foster strong networking relationships across the organization to enhance collaboration and drive business objectives.
• Participate in cross-functional projects, providing financial expertise and leadership.

Project Management:

• Lead and manage financial projects, ensuring they are delivered on time, within scope, and within budget.
• Identify opportunities for process improvements and drive initiatives to enhance efficiency and effectiveness.

Audit and Compliance:

• Coordinate and manage internal and external audits, ensuring compliance with regulatory and internal policies.
• Address audit findings promptly and implement corrective actions to strengthen controls.

Leadership and Team Management:

• Provide leadership, guidance, and mentorship to the product control and valuation control teams.
• Foster a culture of accountability, continuous improvement, and professional development.
• Set clear performance expectations and conduct regular performance reviews.

Qualifications

• Bachelor's degree in accounting, finance, or a related field; CPA, CFA, or equivalent professional certification preferred.
• Minimum of 13+ years of experience in accounting, financial control, product control, or valuation control within the banking or financial services industry.
• Strong knowledge of IFRS, particularly in impairment, revenue recognition, and valuation control.
• Proven experience in managing daily P&L and balance sheet controls.
• Excellent project management skills with a track record of successful project delivery.
• Strong business partnering skills with the ability to influence and build relationships at all levels.
• Exceptional leadership and team management capabilities.
• Proactive, accountable, and decisive with strong problem-solving skills.
• Excellent communication and interpersonal skills.

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.