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Product Controller

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UBS

Jan 20, 2025

Applications are closed

  • Job
    Full-time
    Entry & Junior Level
  • Accounting & Tax
    Banking & Finance
  • Hyderabad, +1

Requirements

  • University degree or equivalent qualification (preferably CA / MBA or similar)
  • Proven experience in Product Control, Financial Control or internal control areas of 0 to 2 years (preferably within the financial industry or professional services firms)
  • Very good written and spoken English
  • A great communicator, you know how to speak with people at all levels
  • A team player
  • Known for hitting deadlines

Responsibilities

  • Exciting opportunity available in Product control team which is responsible for production of daily/monthly p&l and balance sheet.
  • Perform T0 v/s T1 checks
  • Provide P& commentary of market to market p&l including Market drivers
  • Review RSBPL Scallops
  • Reconcile source data to ledger, resolve any breaks
  • Ensure the maintenance of a strong internal control environment. Attest control tool and maintain evidence of same.
  • Manage ad hoc queries from stakeholders including front office, coo, financial controllers
  • Provide daily balance sheet commentary based on business drivers
  • Clos books in month end including clearing breaks, provide commentary on material PnL moves, posting journals
  • Perform balance sheet substantiation as per UBS guidelines.

FAQs

What is the primary responsibility of a Product Controller?

The primary responsibility of a Product Controller includes the production of daily/monthly P&L and balance sheet, performing reconciliation of source data, and ensuring a strong internal control environment.

What qualifications are preferred for this position?

A university degree or equivalent qualification is preferred, ideally a CA, MBA, or similar qualification.

How many years of experience are required for this role?

The role requires 0 to 2 years of proven experience in Product Control, Financial Control, or internal control areas, preferably within the financial industry or professional services firms.

What skills are essential for this job?

Essential skills include strong numerical ability, attention to detail, excellent written and spoken English, strong communication skills, being a team player, and the ability to meet deadlines.

What types of products will I engage with in this role?

You will engage with various business areas and products, such as Equity Cash, Corporate Client Solutions, and Securities Lending.

Will I be required to interact with other teams?

Yes, you will need to build and maintain relationships with key stakeholders in the FTB environment, such as Front Office, Operations, Risk Control, Regulatory Teams, and IT functions.

What do you mean by 'T0 v/s T1 checks'?

T0 v/s T1 checks refer to the comparison of trade data between the trade date (T0) and the next business day (T1) to ensure accuracy in the financial reporting process.

What is the working arrangement for this job?

The job offers flexible working arrangements, including part-time, job-sharing, and hybrid options (office and home).

What is UBS’s stance on diversity in the workplace?

UBS is an Equal Opportunity Employer and values diversity within its workforce, seeking to empower individuals from various cultures, perspectives, skills, and experiences.

Is there a support structure for employees in this role?

Yes, there is a strong support structure in place, including opportunities to develop expertise and relationships with remote FC teams, alongside guidance from regional product leads.

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Mission & Purpose

From gaining new experiences in different roles to acquiring fresh knowledge and skills – at UBS we believe that you should never stop growing and learning because life never stops teaching. We know that it's our people – with their unique backgrounds, skills, experience levels and interests – who drive our ongoing success. Ready to be part of #teamUBS and make an impact? Find out more at ubs.com/careers. UBS works with individuals, families, institutions, and corporations around the world to help answer some of life's questions – whether through award winning wealth management advisory, investment banking and asset management expertise, or private and corporate banking services in Switzerland*. In June 2023, Credit Suisse became a UBS Group company. With more than 124,000 colleagues around the world**, we collaborate across all major financial centers in 50 countries**. Although we all come from different backgrounds and specializations, two things unite us: the conviction that we’re stronger together, and the will and curiosity to constantly innovate. That’s the key to us unlocking our full potential (and what we look for in everyone who joins us). It’s also why we’re regularly recognized as an attractive employer.*