Putrajaya, Wilayah Persekutuan Kuala Lumpur, Malaysia
16 hours ago
Product Control Change & Central Controls

Job Summary

Job Description

What is the opportunity?

Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement/leverage standardised processes globally.

What will you do?

Leading Change and Building Solutions

to work alongside your Manager based in the UK to manage, lead and co-ordinate the drive to enhance controls, automate, re-engineer workflows, and replace legacy systems.it is expected that the focus of the role will vary over time and that the incumbent could spend a significant proportion of their time on a particular task or work on multiple smaller tasks at the same time.to work with the other members of the Product Control team to actively execute and drive through change.responsibilities include delivery of micro projects involving business analysis, and business process change.key participation in the ongoing development of IT and other solutions within the department in order to create more efficient and value-added procedures.potential to influence and drive strategic change especially where process or functionality has already been developed.adopt and promote the agile approach to projects.to maximise the efficiency gains from technology and business process changes.

Central Controls BAU Support

to oversee the running of, and in time provide SME/technical support for, the following central controls:daily Inventory FOBOs for Bonds, Exchange Traded Derivatives, Interest Rate Swaps, and Credit Derivatives.monthly packs that document key controls are operated (“SODS”).daily P&L attribution calculation engines for Bonds, Exchange Traded Derivatives, FX Forwards and Repos.daily P&L attribution FOBO reconciliations for Interest Rate Swaps and Credit Derivatives.Monthly support for the workflow tool used to manage IPV and VA balance reporting (“VCON”).to provide cover to a second member of the Product Control change team in supporting the following controls:monthly and bi-monthly MI packs for the Rates and Credit businesses.to ensure immediate and direct supervisors are kept adequately appraised of pertinent issues and developments.ensuring adequate documentation exists to support existing processes.

What do you need to succeed?

Must-have

broad knowledge of financial products covering all asset classes is required as well as in depth understanding of the front-to-back data flows of a complex Capital Markets business.demonstrable experience of both system and business process transformation projects.ability to specify, design and prototype fully functional tactical applications.expert in using SQL (SQL Server & Sybase), Microsoft Access, Visual Basic (VBA) and Microsoft Excel.able to identify areas of procedural and control weakness and to design robust and automated solutions that dovetail neatly into a fully reconciled B/S and P&L.excellent numerical skills with the ability to problem solve in a logical manner.

Nice-to-have

Accounting qualification not essential but experience gained within a Product Control department highly desirable.

What’s in it for you?

Our Client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our Client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.

A comprehensive Total Rewards Program including performance based bonuses, flexible benefits, and competitive compensationLeaders who support your development through coaching and managing opportunitiesA world-class training program in financial servicesA collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Skills

Accounting, Business Analytics, Financial Accounting Systems, General Ledger Administration, Group Problem Solving

Additional Job Details

Address:

PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYA

City:

Putrajaya

Country:

Malaysia

Work hours/week:

40

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-09-23

Application Deadline:

2025-02-10

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
​​​​​​​
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

Confirm your E-mail: Send Email