GSC: Financial Product Controller

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Your career opportunity

The job holder would be a part of Core PC team within Product Control Krakow. Main responsibilities include production and independent validation of Global Markets' profit and loss and balance sheet. Global Markets Product Control is a division of Global Banking and Markets Finance responsible for the production and independent validation of Global Markets' profit and loss and balance sheet. In this regard, Product Control will ensure, inter alia, that accounting policies are correctly and consistently applied, and that Trading portfolios are appropriately valued. The daily process involves daily & monthly P&L and Balance Sheet reconciliations and substantiation as well as reporting activities and close engagement with various senior stakeholders in Product control, IT, Operations, Change and Business to meet business requirements as they may arise.

What you'll do

• PnL end to end process performance for particular trading desks within the Global Markets business.
• This would include review of New Trade P&L, market environment P&L, carry P&L, and cancel and amend P&L.
• Production of accurate Value-at-Risk (VaR) / non-VaR P&L attribution for use in the back testing process for particular trading desks within Global Markets.
• Upload of the results for review by management and preparation of commentary and analysis.
• Balance Sheet Analysis, control and oversight.
• Understand Financial Reporting and Accounting of Treasury Products.
• Validation of the ledger currency risk, PnL sell off and funding.
• Make Daily and Month end adjustment.
• Coordination with Front Office, Valuation Control and Accounting Control.
• Month end General Ledger closure and substantiation of the Balance Sheet.

What you need to have to succeed in this role

• Master degree in Accounting, Finance or Economics.
• At least 1 year of relevant experience in working within Financial Markets or a Treasury department.
• Good understanding of Financial Markets (products traded and their life cycle, accounting principles and valuation techniques.
• Excellent written English and oral communication skills.
• Excellent analytical skills and a proactive approach to problem solving.
• Excellent interpersonal skills.
• Ambitious, driven and enthusiastic.
• Valuation/Product Control experience is strongly preferred.
• Advanced MS Excel skill.
• Advanced MS Access and VBA is an advantage.

What we offer

• Competitive salary
• Annual performance-based bonus
• Additional bonuses for recognition awards
• Multisport card
• Private medical care
• Life insurance
• One-time reimbursement of home office set-up (up to 800 PLN).
• Corporate parties & events
• CSR initiatives
• Nursery and kindergarten discounts
• Financial support with trainings and education
• Social fund
• Flexible working hours
• Free parking

If your CV meets our criteria, you should expect the following steps in the recruitment process:

• Online behavioural test (for external candidates only)
• Telephone screen (for external candidates only)
• Job Interviews with the hiring manager

We are looking to hire as soon as possible so don't wait and apply now!

You'll achieve more when you join HSBC.

We thank all interested candidates for their applications. We reserve the right to contact only selected candidates.

In case you would like to resign from participation in recruitment process or withdraw previously sent to us application, please email us at: krakow.recruitment@hsbc.com