Product Control Group Officer

Location: Torres Rani

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Job Summary

Product controller – Global Markets and Treasury plays a key role in ensuring an independent validation, substantiation and reporting of financial information. In addition, they provide insights and analysis from the information drawn.

• Substantiation and reporting of Markets & Treasury Statement of Comprehensive Income (Balance Sheet)
• Substantiation and reporting of Markets and Treasury Financial Position (P&L)
• Monitoring trading activity for compliance with related suitable policies.
• Providing management with technical and operational analysis of the trading activities
• Providing insights being drawn from the data being generated and happenings in the Global Markets and Treasury industry.

P&L and Balance sheet substantiation

• Reporting of daily, monthly and year to date P&L for assigned desks.
• Ensure the assigned portfolio is accurately represented within the general ledger.
• Ensure correct fair valuation of the products handled in the assigned desk.
• Provide daily, monthly, and quarterly beneficial commercial analysis of Foreign Exchange Trading
• Build good working relationships with stakeholders.
• Ensure compliance of trading limits for the assigned desk
• Regular (Daily, weekly, or Monthly) substantiation of balance sheet line items affecting Global Markets & Treasury. This includes investigating all breaks and resolving them in a timely manner.
• Analyze and report on material adjustments to the P&L, including discrepancies to the Front Office flash.
• Meet team’s KPI and SLA
• Provide appropriate P&L and balance sheet commentary / analysis.
• Attend to ad hoc queries from the traders and other infrastructure partners relating to trading revenue and the Balance Sheet
• Timely and accurate submission of returns to regulatory authorities (CBM, etc.)
• Perform month end processes (Bid-Offer, Price testing etc.)
• Agree positions and results between Front and back-office systems and submit them for sign off at the appropriate level.
• Monitor trading activity for compliance with various related policies.

Governance and control

• Circulate key weekly & monthly management information to senior management.
• Ensure clean audit results from internal and external reviews.
• Identify and drive process re-engineering constantly for control improvement and process efficiency.
• Perform Critical Process Assessments and participate in continual enhancement of key Finance risk metrics.
• Participate in essential administration tasks required in the department

Education

Further Education and Training Certificate (FETC): Financial Sciences (Required)