Director, Head of Treasury Product control

Job description

**Job Title: Director, Head of Treasury Product control** **Location: Bangalore, India** **Perm/Contract/ Full-time/Part-time: Permanent** **On-site/Hybrid/Remote: On-site** **Who We Are** Robert Walters is the world’s most trusted talent solutions business. Across the globe, we deliver recruitment, outsourcing, and talent advisory services for businesses of all sizes, opening doors for people with diverse skills, ambitions, and backgrounds. Our Outsourcing service delivers recruitment for some of the world’s top employers, and we are currently recruiting on behalf of one of our clients, a leading global bank with a strong presence across Asia, Africa, and the Middle East. They support individuals, businesses, and institutions with banking, wealth, and financial solutions. With over 150 years of heritage, they connect people and markets to drive trade and growth. Their purpose is to drive commerce and prosperity through their global network and expertise. **The Role** Our client is seeking a **Director, Head of Treasury Product control** in the **Banking** division **.** This role offers an exciting opportunity to join a global team, providing top-tier service to existing and prospective clients while expanding the business on a product and global level. **Job Description:** **Job Summary** - The Product Control GBS is accountable for delivery of the end-to-end product & valuation control functions in GBS and lead different strategic initiatives for Treasury Product Control (PC) and Valuation Control (VC) including Balance Sheet Substantiation controllership. - We are seeking a dynamic and technically skilled professional to join our Treasury team as the Head of Product Control, reporting into the Global head of product control and subledger operations. This role will play a pivotal part in expanding the Bank’s Product and Valuation Control capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives. The successful candidate will act as lead running the Treasury Product and Valuation Control, working closely with Technical Accounting, Treasury, Markets, IRRBB, Liquidity, Capital, and other key stakeholders to deliver best-in-class accounting solutions across the Group. **Key Responsibilities** - Responsible for the effective application of accounting and financial control policies and procedures for Treasury. - Help business to ensure that specific financial risks inherent in the processes involving treasury products are identified, monitored, controlled, and mitigated in a timely manner by developing and maintaining a controllership function which meets the requirements of best practices in relation to Treasury. - Spearhead the end-to-end design and implementation of Treasury PC and VC controllership. - Oversee the valuation control processes for loans and equity, ensuring accurate and fair valuation in compliance with relevant standards and regulations. - Manage the IPV process to ensure the integrity and reliability of valuation data for financial instruments. - Implement and maintain IPV policies and procedures in accordance with industry best practices and regulatory requirements. **Other activities:** **Regulatory & Audit Engagement** - Leading Treasury PC and VC engagement with Global and Regional Regulators and Statutory and Internal Auditors supporting all Treasury related queries, questionnaires, and audits. **Controls** - 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. - System Ensure timely and accurate reporting of financial results, including analysis and commentary on variances. - Develop and maintain strong relationships with front office, risk management, and other key stakeholders. - Oversee the daily P&L and balance sheet controls, ensuring accuracy and compliance with accounting standards. - Manage revenue recognition processes, ensuring alignment with IFRS9, IFRS15 and other regulatory requirements. - Implement and maintain robust control frameworks to mitigate risks and ensure data integrity. - Develop and maintain appropriate policies and procedures which ensure the accounting, management and financial reporting integrity of the balance sheet and P&L. - Responsible for designing, building, and maintaining a robust control environment in respect of Treasury PC and VC controllership. **People and Talent** - To lead, inspire and motivate the Treasury PC and VC controllership and transformation 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. - Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks. - Employ, engage and retain high quality people, with succession planning for critical roles. - Responsibility to review team structure/capacity plans. - Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives. **Strategic Initiatives** - Provide thought leadership and take accountability on different initiatives spanning – Technology, Regulatory & Group reporting Controls. - Lead and manage financial projects, ensuring they are delivered on time, within scope, and within budget. - Identify opportunities for process improvements and drive initiatives to enhance efficiency and effectiveness. **Key Stakeholders** - Partner with Group Treasury CFO and Head of Treasury FP&A to drive controllership.