Assistant Vice President - Product Control

Resource Access Management Solutions Pvt. Ltd. (RAMSOL)
  • Chennai
  • Confidential
  • 10-18 years
  • 25 Feb 2015

  • Operations

  • Banking - Retail
Job Description

Position :- AVP Product Control
Qualification :- MBA/CA
Work Location:- Chennai
Product Control
We are committed to hiring and retaining top talent, and investing heavily in the development of our people. Product Control is a highly rewarding, supportive and friendly place to work. Our people are flexible, ready to think on their feed and overcome plenty of challenges.

We offer a unique experience compared to other investment banks. Chennai is an extension of our global Product Control team and operates as a full end to end function supporting several asset classes across the globe. Organisational structure and functional responsibilities are the same in Chennai as they are in our other major Product Control hubs around the world.

The Chennai build out is an exciting growth opportunity for us and it offers un-paralleled career and mobility opportunities.

Product Controls functional responsibilities:

The production of a comprehensive daily trading P&L and balance sheet, together with detailed market-based explanations and commentaries.
The execution of regular independent price verification, ensuring that the appropriate accounting principles are applied.
Partnering with the firms business areas and other support groups in facilitating new products and initiatives.
Developing and reporting management accounting information

Day-to-day interaction with Front Office traders and business management as well as our infrastructure partners in Risk, IT, Operations, Compliance and wider Finance

We partner with the business by helping to measure business performance through various MIS that we produce regarding P&L, Trend Analysis, Balance Sheet and RWA usage and Returns, as well as partnering on key systems development and testing

Full ownership of processes and controls to support our specific business-lines with all elements of review, signoff and attestation

We are responsible for more than the just the daily P&L production. We take full accountability the Balance Sheet, GL postings and substantiation, as well as issue resolution for ad-hoc business queries

We are empowered to drive through control and process enhancements, playing an active role in delivery of strategic projects for Product Control and broader Finance

Growth plans for our Chennai Product Control team this will allow for the potential of accelerated career growth for our best performers

It is not a 3rd party, shared service or BPO set up, instead it is a fully End-to-end site and a natural extension of our global footprint.

Desired Skills

Great communication skills in order to face off to stakeholders (including Traders) in multiple locations
A mindset to think end-to-end and see the big picture
Proven product control knowledge and experience in order to hit the ground running
The ability to work collaboratively and effectively in teams, including global teams, in order to solve problems and drive innovation and change
High levels of ownership and accountability, and are not afraid to take on new responsibilities and challenges
Integrity and confidence to provide independent challenge behind the numbers
A Controls first mindset
The passion, ambition and energy to expect the best from themselves and those around them
A commitment to their own personal and professional development For those looking for the next step in developing their Product Control career

Competencies/Skill sets for this job

Investment Banking Product Control Front Office

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