Assistant Manager , Product Control GBS

Full-time - Mid Level

Bangalore, IN

Credit Intermediation and Related Activities

About the position

The position involves managing daily P&L controls and analysis for Non-Performing clients across various products. Responsibilities include overseeing credit loss provisions, interest and income releases, and creating independent processes for ledger balance substantiation and reconciliation. The role also requires the production of timely and accurate Management Information reports related to Non-Performing clients. A deep understanding of IFRS9 and IFRS15 accounting standards is essential, along with the ability to analyze income fluctuations and balance sheet movements. The candidate will engage with stakeholders across multiple functions and represent Product Control in various forums.

Responsibilities

• Responsible for the daily P&L controls and analysis of Non-Performing clients across various products.
• Responsible for Credit loss provision, Interest & Income releases for Non-Performing clients.
• Creation of independent process to substantiate ledger balances along with reconciliation to Subledger balances.
• Production of timely and accurate Management Information reports relating to Non-Performing clients.
• Oversee and review the BAU controls, reporting, and escalation process.
• Establish best practices across various PC processes, streamlining and automation.
• Review Key Control Indicators (KCI) and Control Sample Testing (CST).
• Support control & governance, external audits, and regulators queries.
• Support new business initiatives and help execute on management strategies.
• Lead project delivery and represent Product Control in project forums.

Requirements

• Strong communication skills.
• Knowledge of IFRS & Accounting standards.
• Experience with Transaction Banking Products.
• Experience as a Product Controller.
• CA or MBA (Finance) from a reputed institution.
• 2+ years of experience in banking finance.

Benefits

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum), and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders, and all sorts of self-help toolkits.
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual, and digital learning.
• Being part of an inclusive and values-driven organization that embraces and celebrates unique diversity.