Product Control Analytics Valuation - Product Controller
Credit Suisse Hong Kong
Posted 12 days ago Permanent Competitive
Product Control Analytics Valuation - Product Controller
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 Join us as a Product Controller in the Chief Financial Officer (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.
As a team member in product control analytics, you will: § Assist 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 KPI 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 of 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 under US GAAP and IFRS GAAP; § 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 stakeholders meeting with functions such as Front Office, COO, CFO Change, IT Technical Accounting, Financial Reporting, Central Reporting etc. § Contribute to migration and integration projects into UBS Group
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 locations across EMEA, APAC, SWISS and the Americas. Our team consists of individuals from diverse background who are result oriented, collaborative, proactive, and with a strong control mindset. 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. 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.
Credit Suisse Group AG has been acquired by UBS Group AG. Credit Suisse continues its business activities as a subsidiary company of UBS Group AG, including selective hiring for experienced professionals.
You Offer
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
• Work experience of 5+ years in Financial Services industry; • Exposure to fixed income and derivative products; • 3+ years of Product Control experience; • Degree in Finance, Accounting or related fields; • Detailed knowledge around accounting and valuation of the aforementioned products; • Have a solid control focused mindset and hands-on approach to investigating issues; • Excellent communication (written, verbal, presentational) skills; • Strong team leader with the ability to work closely across locations; • Dedication to fostering an inclusive culture and value diverse perspectives
Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.