APAC Balance Sheet Control Lead -Group Operations, VP #169664

Credit Suisse
Pune, India
Not disclosed
22 Feb 2021
05 Mar 2021
Contract type
Full time
Experience level

Your field of responsibility

Group Operations carries out high quality and efficient banking services to clients across the Business divisions ensuring an excellent execution of millions of transactions daily. We operate globally in four regions – 'Switzerland', 'APAC', 'Americas' and 'UK Entities, Wroclaw & Dublin'.

We apply a continual focus on improving productivity and efficiency while seeking new and innovative ways to support clients' changing needs.

The Balance Sheet Control team is a legal entity-facing service provider to Securities Settlements, Cash Settlements and Custody Services functions and their regional leads providing risk & control governance, balance sheet control and independent control testing. This role is to be part of the APAC Region to provide timely and effective oversight across the functions for all legal entities within Asia. Key responsibilities include but not limited to the below:

  • Own, perform & manage balance sheet substantiation. Remediate complex issues through extensive collaboration with other Group Ops teams, Finance and Product Control on GL close, ad-hoc issues, impact on downstream process and financial reporting. Understand the GL Policy & guidelines and ensure the region’s process meets the requirements
  • Perform & coordinate the control testing (SOX/CAF) for the supported functions in line with the bank wide policy & guidelines. Drive the start & end of the year processes, define and drive the testing prior to the deadlines. Provide timely updates on status to relevant regional N4 business partners
  • Lead and manage the oversight of Key Risk Indicators including the monthly governance forums with N3/N3 to review PRI’s and other risks
  • Responsible for the on time completion of the Regulatory Reports currently in scope for the team as the data provider. Manage the client balance substantiation in compliance with the Client Money regulations.
  • Understand and clearly articulate the impact of any new business initiatives or technology changes on the balance sheet and other control functions.
  • Lead a small team of functional specialists. Develop talent in direct team and can influence the wider functions we support.
  • We are a department that values Diversity and Inclusion (D&I) and are committed to realizing the firm’s D&I ambition, which is an integral part of our cultural values
  • Your skills and experience

  • Driving-change with resilience and adaptability - The ability to navigate a way forward through uncertainty and ambiguity with a positive approach, adopting change
  • Analytical approach - A logical approach to problem solving, making rational decisions based on analysis of data from a wide range of sources
  • Managing risk – Demonstrated experience in evaluating risk likelihood and impact; taking into account all risk factors to balance risk, service and cost when communicating risk implications and contingency plans
  • Relationship building – Strong, adaptable relationship building skills across colleagues, internal and external partners at all levels
  • Influencing and communicating information – Outstanding interpersonal and presentation skills with the ability to present complex information in an understandable, relevant and engaging way
  • Attention to detail, diligent and good time management of tasks. Demonstrate problem solving and decision making skills for business critical issues
  • Able to assess the risk & its impact independently, take decisions on reporting and drive remediation.
  • Experience in project management, transformation or regulatory initiatives will be a plus.
  • Demonstrate an eagerness to learn and develop skills, and business awareness. Strong communication skills and able to establish excellent partnership with business partners
  • Continuously seeking to improve processes and increase efficiency. Demonstrate innovation and flexibility to better achieve targets and objectives
  • 10 years’ experience in Banking Operations / Finance or Product Control with an understanding of trade flows & key risk indicators.
  • Understand the value of diversity in the workplace and is 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.

    Your new employer

    Find a new home for your skills, ideas, and ambitions. Credit Suisse offers you the ideal environment to progress your career, attractive benefits and excellent training.

    We are a leading wealth manager with strong global investment banking capabilities founded in 1856. Headquartered in Zurich, Switzerland, and with more than 45,000 employees from over 150 nations, we are always looking for motivated individuals to help us shape the future for our clients.

    Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Our bank provides reasonable accommodations to qualified individuals with disabilities, as well as those with other needs or beliefs as may be protected under applicable local law. If you require assistance during the recruitment process, please let your recruiter know.

    For further information, and to apply, please visit our website via the “Apply” button below.

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