Vice President Product Control

Job Summary

• The Product Control GBS team is accountable for delivery of the end-to-end product & valuation control functions in GBS and lead different strategic initiatives for Macro Product Control & Solutions.
• We are seeking a dynamic and technically skilled professional to join our team as Associate Vice President – Macro Product Control, reporting into the Product Control Management which rolls up to Global Head, Product Control. This role will play a pivotal part in expanding the Bank’s Macro Product capabilities, developing compliant and commercially effective strategies, and supporting transition initiatives. The successful candidate will act as lead running the Macro Product Control team, working closely with Technical Accounting, COO’s, Product Control, and other key stakeholders to deliver best-in-class Macro Product Control across the Group.
  
  

Key Responsibilities

Strategy

• Responsible for producing and managing the Daily P&L workflow for the Macro desk
• Spearhead the end-to-end design and implementation of Macro changes —from opportunity assessment to final accounting approval. This could include TP changes, accounting changes etc.
• Identification and remediation of control gaps
• Lead Proof-of-Concept (PoC) initiatives for new strategies, business models, sig trade reviews and new product approvals for the bank
  
  

Business

• Partner with Technical Accounting, Group Reporting, and Product Control to drive compliance with applicable accounting standards (e.g., IAS 39, IFRS 9).
• Coordinate with Valuation Control and other key stakeholders to ensure book closure is accurate.
  
  

Processes

• Responsible for running various PC Handbook related controls like Daily P&L reporting, Actual vs Estimates, P&L commentaries, VaR backtesting submissions.
• Collaborate closely with regional and cross-functional teams (e.g., Macro, local CFOs, TA, COO, VC) to deliver enterprise-wide initiatives.
• Champion thought leadership, mentor peers, and support knowledge-sharing across regions.
  
  

People & Talent

• To lead, inspire and motivate the Macro Product Control team 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.
  
  

Risk Management

• Prepare and present complex technical Macro Product papers under IAS 39/IFRS 9 for internal stakeholders and external auditor endorsement
  
  

Governance

• Lead and manage financial projects, ensuring they are delivered on time, within scope, and within budget.
  
  

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  
  

Key stakeholders

• Head and Directors, Macro, Global
• Technical Accountant team, Singapore
• Valuation Control team, Singapore, India
• Macro COO team, Singapore, India
• Macro CFO team, Singapore, India
• Product Control, India
• Sabre Tech team, Singapore
  
  

Skills And Experience

• Ability to engage and manage stakeholders in delivering objectives and outcomes
• Strong excel and data analysis skills
• Accounting knowledge and understanding of financial statements
• Financial Market and product knowledge
  
  

Qualifications

• Bachelor’s degree in accounting, Finance, or a related field; a Master’s degree or professional certification (e.g., CPA, CFA) is strongly preferred.
• 10–12 years of experience in finance or accounting functions, with a strong preference for candidates with Macro Product expertise.
• Deep technical knowledge of Macro Products and their accounting (e.g., IAS 39) and practical experience in financial instrument valuation.
• Demonstrated success in designing and executing Macro Product strategies across multiple risk types.
• Strong analytical mindset and problem-solving capabilities, with the ability to apply judgment in data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to effectively influence and collaborate across business, finance, and technical teams.
• Familiarity with Macro Product tools and financial systems (e.g., Sabre Cortex, Murex) is an advantage.
  
  

About Standard Chartered

Were an international bank, nimble enough to act, big enough for impact. For more than 170 years, weve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If youre looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we cant wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, youll see how we value difference and advocate inclusion.

Together We

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
  
  

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

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