The role will require expertise of financial products, understanding of business strategy, full ownership of P&Ls and core reconciliations, leading change management projects, strong people management skills as well the ability to communicate effectively at a senior level across the bank
Key responsibilities: • Manage multiple teams covering various product categories and regions. (Asset classes: Equities, Fixed Income, Commodities, Treasury etc.) • Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BCS. • Ensure the teams are performing timely lockdown of daily and monthly P&L. • Should be able to substantiate daily and monthly adjustments held in P&L and control accounts • Review monthly balance sheet, with substantiation and potential financial exposure. • Review various reconciliation reports, management packs and adhoc reports. • Review of month end Journals for accrual, provision and true up. • Ensure adherence to SLA's, KPI’s, internal metrics policies. • Identify/ manage risk and control breakdowns. • Develop & Maintain effective and standard processes. Maintain KOP's/DI's. Stakeholder Management • Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders • 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. Change Management • Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system. • Continue focus to improve the process speed, accuracy, proactively identifying and eliminating operational risks. • Coordinate for new migrations (if any) which include scoping of activities to migrated, identifying people resources, travel planning, transition planning, monitor training and obtaining sign-off from all stakeholders.