Manager Product Control - Business Control

Employer
Credit Suisse
Location
Singapore, Singapore
Salary
Competitive
Posted
13 Jul 2022
Closes
12 Aug 2022
Ref
15832819
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.

We Offer
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 Financing Group 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 VP role within the APAC SP PCA team. Strong product and practical accounting knowledge are essential in performing in this role.
As a VP in Product Control Analytics, you will:
• 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;
• Perform/ Review Price Testing for Loans and Derivatives, Valuation Uncertainty calculations, Pre Trade Reviews and Valuation Adjustments
• 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.
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. The 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 maner.
We are a department which 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.

You Offer

Yes

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.

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