Vice President_ Product Control #174562

Your field of responsibility

The Product Control Analytics (PCA) team is the newly formed core team within the CFO team. Our primary responsibility is to ensure complete, accurate and timely reporting of the Firm’s P&L, Balance Sheet along with detailed Analysis. 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.

The overall team will primarily focus on providing supporting the APAC Strategic Products business, which main commercial activity includes products such as Structured and Share Backed Loans, bespoke bonds and Credit Derivatives. This is the fastest growing business for CS in APAC and has wide footprint across Asia as well as an exciting portfolio of corporate and sovereign inventory.

The role is a senior business control (BC) role within the APAC SP PCA team. Current incumbent has team leading responsibilities for the full suite of Product Control functions performed out of Pune. This role is also a part of the core management team across Singapore and Pune for the covered area. Strong product and practical accounting knowledge are essential in performing in this role.

As a VP in product control Analytics, you will:

Supervise, lead and review the Pune team in the following areas:

• Have end to end ownership of team producing daily P&L production and supervisory review of P&L production processes including: FOBO Review, P&L Analysis, P&L Reporting, P&L Commentary, Month End Cut Off Controls & SOX Testing.
• Drive resolution of issues that arise from the day to day and monthly processes with a view to resolving these in an efficient and timely manner.
• Ensure the P&L production and analytical function are performing satisfactory in Key Performance Indicator and KRI for the control function
• Perform validation and control around the PnL & Balance Sheet with a license to challenge valuation and accounting methodologies, residual trading and operational risks and the overall impact on the bank;
• Analytically evaluate the performance of trading desks to help prepare commercial and business focused commentary for the use of senior management and regulators;
• Obtain and understand the underlying businesses and develop, maintain and govern an effective control framework;
• Prepare and review key disclosures from accounting disclosure such as Fair Value leveling (FAS 157) to regulatory disclosures
• Develop and drive a change agenda with a focus on not only delivering efficiencies but also to meet an ever challenging regulatory environment;
• Review and implement improvements in execution over the wider group
• Maintain relationships and representing the PC agenda in different change and partners meeting with functions such as Front Office, COO, CFO Change, IT Technical Accounting, Financial Reporting, Central Reporting etc
• Be responsible for the training and career development of the team
• Lead and manage the team to ensure that the deliverables are timely met and in a first class quality

Your future colleagues

Product controllers are the financial guardians of the bank’s sales and trading activities. You will join a global function employing around 750 people, present in offices across EMEA, APAC, SWISS and the Americas. Our team consists of individuals from unique background who are result oriented, collaborative, proactive, and with a strong control mentality. We are looking for individuals having strong analytical skills, a positive attitude with the ability to communicate complex issues in a simple and effective manner.

The department 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 cultural values.

Your skills and experience

Roles in Product Control Analytics are business facing, technical and detail oriented. Hence even managerial positions will require candidate to undertake hands – on tasks.

We are looking for candidates with following background / experiences 

• Strong interest in financial markets and products. Personal curiosity on how processes works.
• Candidate with working knowledge of Credit market and in particular private loan product knowledge, in a PC or Credit Risk capacity would be preferred.
• Proven work experience of 12+ years in Financial Services industry;
• Strong people management & team leadership (team size of 15);
• 8+ years of proven Product Control experience;
• Degree in Finance, Accounting or related fields;
• Detailed knowledge around accounting and valuation of the aforementioned products;
• Have a proven control focused mentality and hands-on approach to investigating issues
• Outstanding team leader with the ability to work closely across locations;
• Understands 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.