Overview
Looking for Existing Director from Investment Banks
We are seeking a dynamic and technically skilled professional to join our Treasury team as the Head Controllership, reporting into the Global head of product control with a matrix to Global Head. This role will play a pivotal part in expanding the Bank’s FTP, C&O controllership capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives. The successful candidate will act as lead running the Treasury FTP Control & solution center of excellence for FTP, working closely with Technical Accounting, Treasury, Markets, IRRBB, Product Control, and other key stakeholders to deliver best-in-class accounting solutions across the Group.
RESPONSIBILITIES
Financial Controls:
– Responsible for the effective application of accounting and financial control policies and procedures for FTP.
– Help business to ensure that specific financial risks inherent in the processes involving fund transfer pricing 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 FTP, C&O Controllership.
– Spearhead the end-to-end design and implementation of FTP controllership.
Business Partnering
– Partner with Global Head of FTP, Treasury CFO and Product Control to drive controllership.
– PPS (product pricing sheet populated daily by FO) understand all changes particularly changes to All-in-LP rate by tenor, currency & product (CIB & WRB)
Regulatory & Audit Engagement
– Leading Treasury FTP engagement with Global and Regional Regulators and Statutory and Internal Auditors supporting all FTP related queries, questionnaires, and audits.
Controls
– Understand product profiling in countries and any changes to that composition i.e. Maturing vs. Non-Maturing products, LCR and NSFR profiling of products (FTP cohort rules)
– System understanding of FTP curve set-up and changes there-on – own end/end controllership.
– Exclusion and Inclusion criteria of FTP products – Centralise & standardise the process.
– Governance on FTP adjustments in t-PACE – bring in controls to the process.
– 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 FTP controllership.