Product control associate

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Your career opportunity Global Markets Product Control sits within Global Banking and Markets Finance and is responsible for the production and independent validation of Global Markets profit and loss and balance sheet. As a Product Control Associate in the Global Finance Operations Centre in Krakow you’ll support daily and monthly P&L and Balance Sheet reconciliations, substantiation and reporting for specific trading desks. The role helps ensure accounting policies are applied correctly and consistently and that trading portfolios are appropriately valued while partnering with stakeholders across Product Control, IT, Operations, Change and the business.

What you’ll do

• Produce daily and monthly P&L and Balance Sheet reconciliations, substantiation and reporting for assigned trading desks
• Review key P&L components including new trade P&L, market environment P&L, carry P&L and cancel and amend P&L
• Prepare accurate Value-at-Risk and non-VaR P&L attribution to support back-testing for assigned desks
• Upload results for management review and produce clear commentary and analysis on key movements
• Identify and resolve production exceptions where possible and coordinate with other Product Control teams to close out issues
• Perform basic Balance Sheet analysis and control tasks to support complete and accurate books and records
• Communicate effectively with stakeholders at different levels of seniority across Product Control and related functions
• Facilitate automation of manual processes to improve productivity and control outcomes

What you need to have to succeed in this role

• Demonstrate good understanding of Financial Markets including products traded, lifecycle, accounting principles and valuation techniques
• Apply strong analytical skills to investigate issues and follow through on resolution
• Communicate clearly in written English and in day-to-day verbal discussions with stakeholders
• Bring Product Control or Valuation Control experience that supports independent P&L and Balance Sheet validation
• Use MS Excel confidently for analysis and reporting
• Maintain up to date awareness of finance and risk policies and how market developments impact valuation
• Work effectively with colleagues across Valuation Control, onshore teams and other support functions
• Follow internal controls and compliance requirements, keeping appropriate records and implementing audit points when required

What we offer

The pay range for this role is 5,983 PLN - 8,000 PLN monthly gross. Variable pay is discretionary, but influenced by Group performance, business/function performance and individual performance. We offer a comprehensive and competitive package of benefits covering healthcare, family friendly leaves, pension and life assurance, as well as many other benefits to support your wellbeing.

• Additional bonuses for recognition awards
• Multisport card
• Private medical care
• Life insurance
• One-time reimbursement of home office set-up (up to 800 PLN).
• Cafeteria platform
• Employee assistance program
• Additional contributions to PPK scheme
• Corporate parties & events
• CSR initiatives
• Nursery discounts
• Financial support with trainings and education
• Social fund
• Flexible working hours
• Free parking

If your CV meets our criteria, you should expect the following steps in the recruitment process:

• Online behavioural test (for external candidates only)
• Telephone screen (for external candidates only)
• Interview with the hiring manager

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. If you have a need that requires accommodations or changes during the recruitment process, please let us know. We are looking to hire as soon as possible so don’t wait and apply now! You'll achieve more when you join HSBC.