ENO_Product Controller

Credit Suisse
Pune, India
Feb 24, 2021
Feb 27, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.

We Offer
Divisional Description

Product Control are the Financial Guardians of the Bank's trading activities. We are a global function employing around 800 people, present in offices across EMEA, APAC and the Americas. Our crucial role is fulfilled by ensuring complete, accurate and timely P&L, Balance Sheets and analysis. We also conduct the independent validation of the value of our trading portfolios and work with the businesses and the new business product groups to evaluate & integrate new products and businesses into our financial environment in a controlled manner. Product Control also guards the banks trading activities via the provision of reliable and significant financial information provided to the business managers, external business partners and other relevant internal constituents. Importantly, we also execute controls to detect unauthorized trading or unusual activity and raise in a timely manner to senior management.

  • We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global Conduct and Ethics Standards
  • Production of daily P&L for a number of trading books that have OTC and exotic products. Liaise with Front office and other end users on ad hoc queries.
  • Reconcile between front office and the back office P&L systems, this reconciliation pertains to all P&L activity including valuation of positions, cash balances, funding and provisions. These responsibilities require proficiency in trade information process flows between different departments within the bank (Front Office, Operations and Financial Accounting departments).
  • Analyse, explain and validate P&L daily according to market moves, new trades and other influences as well as perform risk based P&L. This requires understanding of the various trading strategies.
  • Manage all marketing and risk provisions on the books to ensure accurate P&L reporting. This involves understanding how these provision values are derived and how they impact overall P&L.
  • Take ownership of any issues that arise from the day to day and monthly processes with a view to resolving these in an efficient and timely manner.
  • Perform month end reconciliation of general ledger. Seek to ensure that the inventory is appropriately accounted as per the relevant accounting policies.
  • Seek to ensure proper Fair value levelling of the inventory in the books.
  • Improve the processes to make them more efficient or improve controls.

You Offer
  • Understand the value of diversity in the workplace and are dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work.
  • CA/ MBA from a reputed institute and having a CFA qualification would be an added advantage.
  • Proficient in capital market products and proficient in accounting of the same.
  • Proficient in MS Office (Excel, Word, PPT).
  • Outstanding analytical and problem solving skills
  • An enthusiastic self-starter who achieves significant results
  • Supportive and adaptable team member who can build positive relationships and has strong communication skills as well as recognizes the importance of listening and is able to speak confidently to people across location
  • Principled, committed to the highest standards of ethical behavior and can work under pressure

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

Similar jobs

Similar jobs

  • You need to sign in to save