Vice President, Valuation Control, GBS

Key Responsibilities

• Responsible for the daily P&L production and evaluation along with ensuring integrity of Balance-Sheet of Transaction Banking [Cash Management and Trade products].
• Understand the transactions booked in Trade products and Cash management business from a commercial aspect including Return on RWA.
• Compute and build control to ensure consistent Pass Through Rate [PTR] in cash management business.
• Deep understanding of various Trade Products such as Working capital Loans, Trade Loans, Open Account Financing, Import/Export Trade products [LC related products]
• Review and reasoning of Daily, Weekly and month NIM fluctuations across the countries and Balance Sheet Movement.
• New deal review and revenue recognition in line with IFRS9 & IFRS15 accounting standards.
• Actively engaging with stakeholders across multiple functions and representing PC on various forums.
• Responsible to oversee and review the BAU controls, reporting, and escalation process.
• Production of periodic MI pack with commentaries.
• Establishing best practice across various PC process, streamlining and automation.
• Review of Key Control Indicators (KCI) and Control Sample Testing (CST).
• Supporting control & governance, external audits and regulators queries.
• Support new business initiative and help execute on management strategies.
• Lead project delivery and represent Product Control in project forums.

Qualification & Requirements

• Educated to degree level; preferably CA / CFA / MBA in Finance
• Product Control Experience of managing Banking book portfolio.
• Strong command over IFRS9 and IFRS15.
• Ability to work under constant pressure to tight deadlines and deliver high quality output.
• Excellent interpersonal skills.
• Analytical, Innovative and questioning mindset.
• Minimum 10-12 yrs of experience with most recent 3 years in Product Control

Competencies

• Action Oriented
• Collaborates
• Customer Focus
• Gives Clarity & Guidance
• Manages Ambiguity
• Develops Talent
• Drives Vision & Purpose
• Nimble Learning
• Decision Quality
• Courage
• Instills Trust
• Strategic Mindset

Benefits

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.