Analyst - Product Control

Overview

Oversee the financial aspects of trading activities, ensuring the accuracy and integrity of the bank's trading book, compliance with regulatory requirements, and insights into trading performance.

What you'll do

• Reconcile daily profit and loss (P&L) figures for trading desks to ensure they align with the valued positions in the trading book, investigating and resolving discrepancies to reflect the true economic value of the trading portfolio.
• Support the identification, assessment, and mitigation of trading risks, and report on these financial risks to senior colleagues.
• Maintain and analyse the bank's trading data, ensuring its accuracy, completeness and consistency, and provide insights to traders and senior colleagues on trading performance.
• Prepare and submit regulatory reports to authorities, and support external audits including addressing auditor queries and ensuring trading activities are appropriately reflected in financial statements.
• Communicate complex financial information effectively to traders, risk professionals, senior colleagues, and external stakeholders.
• Collaborate cross-functionally to ensure a coordinated approach to trading activities.
• Escalate breaches of policies / procedures appropriately, and take responsibility for embedding new policies / procedures adopted due to risk mitigation.
• Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Guide and persuade team members and communicate complex / sensitive information.

What you'll need

• Experienced with MS Office toolkit (Word, PPT, Excel, Access Database etc).
• Qualified accountant.
• Excellent communication and presentation skills in both formal and informal settings, and ability to interact with the region and UK / US as part of a global team (written and verbal).
• Strong control awareness, in particular the ability to identify and escalate potential control breakdowns and to streamline processes in an effective and efficient manner.
• Initiative and ability to break down problems into component parts and resolve them.
• Attention to detail and analytical.
• Confident and assertive manner.

Nice to have

• CFA / master's in finance / financial engineering.
• Articleship / industrial trainee in mid to large sized firms.
• Audit exposure in large financial institutions / banks.

Details

• Based out of Pune.