Vice President, Product Control GBS

Key Responsibilities

• Responsible for the daily P&L production and analysis along with ensuring integrity of Balance-Sheet of Global Credit Markets Portfolio.
• Managing Loans, Bonds, CLN / CDO, Impairment, Securitization products accounting and reporting.
• New deal review and revenue recognition in line with IFRS9 and IFRS15 accounting standards.
• Net Interest Margin analysis of banking book portfolios.
• 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 and 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.
• Recruit, supervise, mentor, and nurture the team.

Regulatory and Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Qualification & Requirements

Skills and Experience

• Financial Markets
• Treasury knowledge
• Accounting and IFRS knowledge

Qualifications

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

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.