Deloitte
Location
Bangalore | India
Job description
What impact will you make?
Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential. The Team Deloitte Risk Advisory helps entities mitigate risk while discovering new opportunities to create value. Our end-to-end risk services span all domains, from managing strategic risks in the C-Suite to improving board oversight, and from balancing financial and environmental policies to addressing cyber threats. Work you’ll do In our team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations. Responsibilities: Business Be part of Product Control team covering various product categories and regions. (Asset classes: FX/FXO, Rates, Fixed Income, Credit, Commodities, Treasury etc.) Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BSS. Ensure the teams are performing timely lockdown of daily and monthly P&L. Review monthly/quarterly balance sheet, with substantiation and potential financial exposure. Handle upstream system transformation change implementations such as ASPIRE ICON, GPTM (Broadridge) for Fixed income and FMRP (Blade) for Derivatives, etc. Review various reconciliation reports, management packs and ad-hoc reports. Review of month end Journals for accrual, provision and true up. Take responsibility for the quality of work submitted and ensure that the highest standards are maintained. Ensure adherence to SLA's, KPI's Internal metrics & FMG wide policies. Identify/ manage risk and control breakdowns. Develop & maintain effective and standard processes. Maintain KOP's/DI's. Controls Develop and maintain appropriate policies and procedures which ensure the accounting, management and financial reporting integrity of the trading desks’ balance sheet and P&L. Responsible for designing, building and maintaining a robust control environment in respect of daily P&L reporting, P&L attribution and balance sheet substantiation Research market best practices and keep abreast of the evolving issues that affect the valuation of the FM business. Supporting the introduction of new products within businesses and related pre and post execution governance. Balance Sheet Reconciliation and Substantiation Develop and execute appropriate procedures for Balance Sheet Reconciliation and Substantiation. Balance Sheet Substantiation includes multiple processes including reconciliation (at a transactional or at a balance level) of the account, a process of review of the reconciliation and any pertinent supporting documentation and a formal certification (sign-off) of the account in a predetermined form driven by corporate policy. People and Talent To lead, inspire and motivate the respective business’s product and valuation control teams ensuring that everyone achieves their potential and that the team delivers its collective agenda Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from the team and work in collaboration with risk and control partners across the organization. If interested please share your update CV at [email protected] Qualifications · MBA or equivalent Master's degree · Knowledge of risk management and regulatory areas would be preferred eg. Basel, Stress Testing, Capital Management, ICAAP, Risk Based Supervision, Risk Modelling, Analytics · Professional certifications like CFA and FRM would be highly desirable · Knowledge of programming on SAS, R, Python would be desirable Your role as a leader At Deloitte India, we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters. In addition to living our purpose, employees at this level, across our organization: Builds own understanding of our purpose and values; explores opportunities for impact • Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent • Understands expectations and demonstrates personal accountability for keeping performance on track • Actively focuses on developing effective communication and relationship-building skills • Understands how their daily work contributes to the priorities of the team and the business How you’ll grow At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fastchanging business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Center. Benefits At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you. Our purpose Deloitte is led by a purpose: To make an impact that matters . Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves on doing not only what is good for clients, but also what is good for our people and the communities in which we live and work—always striving to be an organization that is held up as a role model of quality, integrity, and positive change. Learn more about Deloitte's impact on the world Recruiter tips We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you’re applying to. Check out recruiting tips from Deloitte professionals. To take the next step and join our progressive and motivated team, please contact Ichha Grover.Job tags
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