Senior Manager, Product Control

Job ID: 20698

Location: Bangalore, IN

Area of interest: Audit, Accounting & Finance

Job type: Regular Employee

Work style: Office Working

Opening date: 25 Mar 2025

Job Summary

• Responsible for the daily P&L controls and review Non Performing clients across various products.

• Responsible for Credit loss provision, Interest & Income releases for Non Performing clients.

• Creation of unsupervised process to substantiate ledger balances along with reconciliation to Subledger balances.

• Production of timely and accurate Management Information reports relating Non Performing clients .

Strategy

• Deep understanding for review and revenue recognition in line with IFRS9 & IFRS15 accounting standards.

• Review and reasoning of Daily, Weekly and month Income fluctuations across the countries and Balance Sheet Movement for Non Performing Clients.

• Actively engaging with stakeholders across multiple functions and representing PC on various forums.

Key Responsibilities

Business

• Responsible to oversee and review the BAU controls, reporting, and escalation process.

• 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.

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.

• Manage the team 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.] *

• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

• Serve as a Director of the Board

• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Other Responsibilities

• Embed Here for good and Group’s brand and values in team

• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

• Multiple functions (double hats)

Skills and Experience

• Communication

• IFRS & Accounting knowledge

• Banking Loan Products

• Product Controller

Qualifications

• CA or MBA (Finance) from a reputed institution.

• 6+ years of experience in banking finance.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Industries: Banking, Financial Services, Investment Banking