Analyst, Product Control

About the Role

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

Key Responsibilities

• Reconciliation of daily profit and loss (P&L) figures for trading desks.
• Investigate and resolve discrepancies between P&L figures.
• Support the identification, assessment, and mitigation of trading risks.
• Report on financial risks to senior colleagues.
• Maintenance and analysis of the bank’s trading data.
• Provision of insights to traders and senior colleagues on trading performance.
• Preparation and submission of regulatory reports to authorities.
• Provision of support to external audits.
• Effective communication of complex financial information.
• Cross-functional collaboration to ensure a coordinated approach to trading activities.
• Perform prescribed activities in a timely manner and to a high standard, consistently driving continuous improvement.
• Escalate breaches of policies/procedures appropriately.
• Take responsibility for embedding new policies/procedures adopted due to risk mitigation.
• Deliver work and areas of responsibility in line with relevant rules, regulations, and codes of conduct.
• Maintain and continually build an understanding of how own sub-function integrates with function.
• Demonstrate understanding of how areas coordinate and contribute to the achievement of the organization's sub-function objectives.
• Resolve problems by identifying and selecting solutions through the application of acquired technical experience.
• Act as a contact point for stakeholders outside the immediate function.

Requirements & Tech Stack

• Financial Reporting Expertise.
• Risk Management Knowledge.
• Basic understanding of financial markets and products.
• Proficiency in Microsoft Office suite, especially Excel.

Highly Valued Skills

• Financial engineering would be an advantage.
• Article ship / Industrial trainee in mid to large-sized firms.
• Audit exposure in large financial institutions / banks preferred.

Qualifications

• Requires in-depth technical knowledge and experience in their assigned area of expertise.
• Thorough understanding of the underlying principles and concepts within the area of expertise.
• For individual contributors: develop technical expertise in work area, acting as an advisor where appropriate.
• Make evaluative judgements based on the analysis of factual information, paying attention to detail.
• Guide and persuade team members and communicate complex / sensitive information.
• Build a network of contacts outside the team and external to the organization.

This role will be based out of Pune and Chennai.