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Specialist, Product Control GBS
3-6 years
₹ 4.1 - 16L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Bangalore / Bengaluru
1 vacancy
Specialist, Product Control GBS
Standard Chartered
posted 30d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
JOB SUMMARY
- Help design and implement new control processes for business that currently do not have Product Control function.
- Monitoring of key controls/ processes around Daily Pnl & Balance Sheet
- Ensuring that all controls are followed, completed and reviewed in a timely manner
- Manging Stake holder expectations - Liaising with key stake holders such as Technology, Product Control line teams, in-Country Finance teams, COO, Risk teams and other finance and Ops teams within GBS
- Review of Daily/Monthend reconciliations between the various TP systems and the General Ledger.
- Assist in the design, testing and implementation of TP data integrity / exception reports
- End to End delivery of Monthly AvF Reconciliation.
- Ensuring that all controls are followed, completed, and reviewed in a timely manner.
- Review of month-end balance sheet substantiation of PC owned balances.
- To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9.
- Ideation/Initiation of process simplification/Automation of daily processes.
- Maintenance of DOI for Daily P&L and AvF processes.
- Preparation of regular and ad hoc month end journals as part of ME book close
RESPONSIBILITIES
Strategy
- Ensure Awareness and understanding of the Group s business strategy and model appropriate to the role
Business
- Awareness and understanding of the wider business, economic and market environment in which the Group operates
Processes
- Ensure processes for which the individual is responsible is executed as required.
Regulatory & 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.
- Lead to achieve the outcomes set out in the Bank s Conduct Principles
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
- Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.
- 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
Qualification
- CA or MBA (Finance) from a reputed institution.
- 2+ years of experience in similar field.
- Good understanding of Accounting and Financial Markets products.
- Analytical skills, hands on experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage.
- Strong Control mindset.
- Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders
Role Specific Technical Competencies
- Communication
- Finance and Accounting
- Financial Market Products
14130
.
Employment Type: Full Time, Permanent
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Company Website
Walkin
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25%
23%
9%
7%
6%
6%
24% candidates got the interview through other sources.
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What people at Standard Chartered are saying
Rating based on 84 Specialist
reviews
Anonymous · Security / Fraud
in Bengaluru
Likes
They provide best training and best AML knowledge. Encourage you take up AML courses, certifications. Good managers
Dislikes
Not satisfied with the salary
Read 84 reviewsSpecialist salary at Standard Chartered
reported by
1.2k
employees
with 1-13
years exp.
₹4
L/yr - ₹13
L/yr
18%
less
than the average Specialist Salary in India
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What Standard Chartered employees are saying about work life
based on 4.3k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Standard Chartered Benefits
Submitted by Company
Time-off Being part of an inclusive culture Support for wellbeing challenges Proactive wellbeing support Flexible working
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