Jobs in BFSI

Financial Planning & Analysis - Specialist

Experience Requirement: 5-7 years Years
Skill Set:financial planning analysis, budgeting, forcasting, variance analysis, financial reporting
Location: Bangalore - Hebbal

Job Description:



This opportunity is for a Leading Global manufacturing firm headquartered in Europe


Business Analysis

• Perform analysis of business performance versus budget and forecast.
• Perform benchmarking of key performance indicators with external and internal peers.
• Work with the other financial professionals in Divisions / Regions / Countries and functions to understand and analyze the drivers of financial performance and identify trends.
• Prepare financial analysis for various “what if” scenarios and sensitivity analysis and the overall impact to the business units.
• Analysis of overhead under / over absorption indicating root cause
• Preparing and analysing Product / Customer profitability.
• Calculation of Labour hour rates and overhead absorption rate for different business scenarios.
• Perform cost / benefit analysis, NVP / IRR analysis and payback period for capex initiatives.
• Analysis of inventories and NWC
• Prepare ad-hoc reports as per Business units’ request


Financial reporting
• Support preparation of relevant organization financial reporting, business planning, budgeting and forecasting.
• Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions


Information and communication
• Provide information to management by assembling and summarizing data, preparing reports, presentation of findings and analysis


Optimization
• Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
• Recommend changes of process standards and procedures to improve the timely performance of process activities
• Identify areas for process / report standardization across different countries, divisions and business units.


Internal control and documentation
• Ensure processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.
• Maintain proper audit trail and documentation for future tax / internal / external audits and reviews
• Ensure SOPs are prepared and updated regularly for all activities performed by the team.
• Ensure service delivery of the team is within the agreed SLAs and KPIs


Knowledge and Skills

• Strong analytical and problem solving skills.
• Thorough / detail oriented approach.
• Strong communication skills.
• Fluent in English.
• Hands on experience in SAP FICO and COPA modules
• Basic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP
• Experience with MS Office
• Ability to work with diverse teams across different countries.
• Self-motivated with a strong commitment to quality


Experience:

At least 5 year experience in Accounting and Finance in a Manufacturing unit with 2+ years of experience in FP&A is preferable.


Education:

Bachelor degree in Accounting with CMA/ CA / MBA

Financial Planning & Analysis - Analyst

Experience Requirement: 3-5 years Years
Skill Set:financial planning analysis, budgeting, forcasting, variance analysis, financial reporting
Location: Bangalore - Hebbal

Job Description:



This opportunity is for a leading Global manufacturing firm headquartered in Europe


Business Analysis

> Perform analysis of business performance versus budget and forecast.
> Perform benchmarking of key performance indicators with external and internal peers.
> Work with the other financial professionals in Divisions / Regions / Countries and functions to understand and analyze the drivers of financial performance and identify trends.
> Prepare financial analysis for various “what if” scenarios and sensitivity analysis and the overall impact to the business units.
> Analysis of overhead under / over absorption indicating root cause
> Preparing and analysing Product / Customer profitability.
> Calculation of Labour hour rates and overhead absorption rate for different business scenarios.
> Perform cost / benefit analysis, NVP / IRR analysis and payback period for capex initiatives.
> Analysis of inventories and NWC
> Prepare ad-hoc reports as per Business units’ request


Financial reporting
> Support preparation of relevant organization financial reporting, business planning, budgeting and forecasting.
> Validate accuracy of financial data and business information and reports by performing reconciliation and review of exceptions


Information and communication
> Provide information to management by assembling and summarizing data, preparing reports, presentation of findings and analysis


Optimization
> Optimize own performance to increase productivity by developing automated solutions, eliminating duplications, coordinating information requirements.
> Recommend changes of process standards and procedures to improve the timely performance of process activities
> Identify areas for process / report standardization across different countries, divisions and business units.


Internal control and documentation
> Ensure processes and controls within own area of responsibility are designed and implemented in line with Group and unit requirements.
> Maintain proper audit trail and documentation for future tax / internal / external audits and reviews
> Prepare SOPs for all activities performed.


Knowledge and Skills

> Strong analytical and problem solving skills.
> Thorough / detail oriented approach.
> Strong communication skills.
> Fluent in English.
> Hands on experience in SAP FICO and COPA modules
> Basic Knowledge of Sales & Distribution, Production planning, Projects, Material master modules in SAP
> Experience with MS Office
> Ability to work with diverse teams across different countries.
> Self-motivated with a strong commitment to quality


Experience:

Up to 4 year experience in Financial Planning and Analysis, preferably in a Manufacturing unit.


Education:

Bachelor degree in Accounting with CMA/ CA / MBA

Project/ Program Manager

Experience Requirement: 13-15 Years
Skill Set:Project Management, Internal Audit
Location: Bangalore

Job Description:

Client : One of the leading European Investment Banks in Bangalore

Role Title : Project/ Program Manager 
  
Educational Requirements

Master - University graduate in Finance / Management/Chartered Accountants/CPA   
Certification required -IFRS/IAS   

Range of Experience
Minimum 13-15 years of Project Management experience in a Investment Bank.
Detailed knowledge of Internal Audit a must
Understanding of IB Process. 
  

Skills required

• Role requires routine interaction with Regional counterparts, so strong hold on oral & written communication is must. 
• Balance Sheet Substantiation and analysis.

• Transfer Pricing Computation Knowledge related to Global Income / Cost sharing

• Financial Reporting and Analysis.
• Management Reporting including preparation of dashboards to senior management

• Knowledge of international accounting framework (IFRS 9 / IAS standards)

• Knowledge of banking environment and products

• Knowledge of prudential and regulatory environments (Basel III, COREP, FINREP)

    
Responsibilities & Duties 

Quality Assurance: The Program Manager will conduct project health checks to assess the ability of projects to deliver their benefits.

They will challenge progress, scope, financials, resourcing and delivery plans to evidence controlled delivery.
They will work closely with the Project and Program Managers providing delivery advice, making recommendations for improvement and

supporting projects on the implementation of standards and best practice.
In addition The Program Manager will help define, document and roll-out new Policies, Processes and Tools.


Project Reporting, Definition and Information Management:

The Program Manager will be accountable for the production of timely and accurate information with analysis to facilitate Senior Management decision making.
This will include supporting the production of monthly cost and status reporting, key project documentation (e.g. project initiation documents, business case, etc.,
gaining a detailed understanding of the projects in their portfolio to answer ad hoc questions from senior management.


Portfolio Analysis: The Program Manager will quickly develop a detailed understanding their portfolio and will be expected to provide recommendations
and opinions to management on improvements that can be made (e.g. in terms of scope to ensure alignment with strategy, improvements in planning to ensure projects can be executed on a timely basis).
 

Relationship Management:

The Program Manager will collaborate with a variety of groups across the Firm.
They will need to quickly develop credibility with their clients and maintain relationships to ensure accurate and detailed project health checks
and information requests can be answered as required.
They will be expected to advise and influence senior stakeholders within the Finance organization to ensure projects are executed in line with standards.


WOW Factor of this JOB: 
To provide strategic view towards the growth of the business.
Greater visibility with the Senior Management in the Organization.
Manage and execute projects that have global as well as regional impact.    

Job Summary 
The Program Manager will interface internally with multiple team leaders, Exco, second level control team,Internal Audit team and external auditors
to understand their requirements, roadmap, procedures and in tandem work with functional teams on understanding as-is processes, internal controls,
procedures and provide relevant services / solution through the various initiatives / programs.


To be successful in this role you will have sound knowledge of Investment banking regulatory environment,
Financial reporting under IFRS, Regulation for Banks in European Union,  superior communication, ability to build long term scalable solution through automation,
negotiation and organizational skills, .

Operating in a fast-moving and ambiguous environment you will work autonomously taking full control and responsibility for achieving business objectives.

This role provides opportunities to develop original ideas, approaches, and solutions in a competitive and ever changing business climate

This role will require the candidate to take on a variety of project delivery roles, Process improvements, Review of Level-1 controls,
Close Co-ordination with Internal and External Auditor which involves delivery of improvements to the Systems & processes,
Internal Control from initial concept; requirements analysis; verification & validation; through to transition to the business.
This individual will work with stakeholders across the operations, projects, and IT teams to clearly understand the business issues behind each program of work
in the Investment banking space and beyond; to analyze requirements for change;
To deliver these changes through their lifecycle (including testing and managing change as they are rolled out);
To provide reporting and analysis of delivery during the life cycle; to support users of the service; and
Toprovide analysis of service success by managing key service performance indicators.


Overall, the Program manager will closely work with DFIN Exco and other relevant stakeholders and take ownership of the  improvement initiatives within DFIN,
SPOC for all the ongoing Internal and external Audit, ECB reviews, provide update to DFIN Exco, bring in efficiency by understanding the Auditor requirements,
co-ordinating and collating the required information. 




AVP - Portfolio Management Analytics

Experience Requirement: 3-10 years Years
Skill Set:Portfolio Management, understanding of the pricing mechanism, corporate finance, understanding of credit risk concepts and risk & return profitability measures, B.E/B.Tech/BBA/BBM/B.com/B.Sc
Location: Bangalore

Job Description:

Job Opportunity with Multinational Leading Global Financial Institution


Wholesale Portfolio Management (WPM) is a part of Global Banking & Markets (GBM) and is responsible for the active portfolio management for both GBM & Commercial Banking (CMB) globally. Portfolio Management Analytics (PM Analytics) within WPM is responsible for the Portfolio Analysis to deliver actionable insights on the global Wholesale Portfolio. Portfolio Analysis involves analysing the existing portfolio data, trends, early warning tools, etc. in order to provide actionable portfolio risk/profitability insights to the senior management. PM Analytics is also responsible for owning/enhancing and maintenance of the methodology and pricing application used at origination. The Pricing application aids decision making, resulting in more informed conclusions being drawn regarding the risk, return, profitability and viability of proposed transactions.


Job Description

• The incumbent will be required to work extensively in an integrated team environment to support deal origination
• Support the frontline bankers (Global Banking & Commercial Banking) in the origination of credit and lending transactions to model complex structures correctly in pricing system
• Perform detailed analysis on origination pricing data to prepare reports providing insights about pricing trends, methodology etc.
• Lead projects on enhancing the pricing application in terms of functionality and calculation methodology
• Carrying out impact analyses of new methodologies and driving them through the relevant approval processes
• Continuously strive to increase competency and subject matter expertise. Develop & build strong understanding of key risk & return metrics – such as Expected Loss, Exposure at Default, Probability of Default, Credit Risk Rating and Loss Given Default, RWA, Return on RWA, Economic Profit etc
• Develop in depth understanding of the pricing mechanism, pricing tool and the drivers of the risk exposures
• Develop and coach associates and analysts within the team
• Responsible for employee engagement
• Support the management on strategic and operational decision making viz.
o
Coordinate hiring plans, and processes with onshore teams in London & all the regions
o Manage career paths of offshore teams in conjunction with onshore leadership
o Monitor work execution
o Integrate and coordinate with BIS and GLT teams
o Interact with functional leadership to ensure expectations alignment
• Share information, knowledge and ideas with the team
• Take an active role in initiatives outside of own role; proactively seeking different assignments to accelerate learning
• Collaborate with others across Banking Front Office
• Understand and ensure compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved
• Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
 

Skills/Experience required

• MBA in Finance from a reputed institute
• Additional professional qualifications like CFA, FRM will be preferred
• Good understanding of credit risk concepts and risk & return profitability measures
• Good understanding of corporate finance, banking and associated Bank book products & trading-book products
• Understanding of accounting principles, especially fair valuation, general and specific loan loss provisions is preferable
• Competency in Microsoft office applications, especially MS Excel, Power-point presentations
• Additional capability to understand and interpret SQL/SAS or database queries will be preferred
• Graduate level qualification in any of these disciplines (B.E/B.Tech/BBA/BBM/B.com/B.Sc)
• Excellent communications – written and verbal and interpersonal / team skills
• Experience and ability to operate in a global setting / interact with Business Partners and Senior Management

Sr. Associate

Experience Requirement: 2-4 years Years
Skill Set:financial model, valuation concepts, People management, • Research communication and reports writing
Location: Bangalore

Job Description:

Manager, Global Research will be responsible for:


Individual contributor role
• Business requirement; deliver on business requirement in an independent manner with very little guidance across all geographies.
• Sector Knowledge: Has a good understanding of the sector and companies within their remit. Should be able to spot key trends that drive investment views on their sector and covered companies and utilises them to generate differential views. Also able to present in-depth research and analysis supporting a hypothesis and understands their commercial impact.
• Financial knowledge- able to drive forecasts and valuation of the companies under their remit. Builds a financial model of the company independently. Is able to anticipate and reflect changing aspects within their sector and/or companies in the financial models and valuation concepts. Undertakes technical training on financial modeling and valuation for their role. Adapts, further develops and improves existing models. Contributes to financial modeling best practices and shares this with colleagues
• Research communication and reports writing- Communicates research views to internal and external clients and able to consistently apply sound research writing principles to produce independent research. Understands the structure, style and importance of written research reports. Writes research reports which are clear, consistent, and non-consensual and supported by facts and analysis.
• Global Products; Co-ordinate global products from Bangalore as required by global/regional sector heads.
• Ensure compliance - both Global Research and GBM-GSC related with anticipation and proactiveness
• Contribute to department and center level priorities with own initiative


People management
• Manage team of 3-4 FTEs end to end (Recruitment, retention, motivation, career development etc.) and working as an individual contributor in one of the geography
• Relationship management: Effectively manage relations to improve overall engagement and show pro-activeness in anticipating requests or commercial needs.
• Team output: Responsible for improving the overall quality and quantum of team output. Expected to ensure that necessary peer review/ mentoring/sound-board mechanisms are in place within the team to effect improvement in team output.
• Resource management: Responsible for overall team resource management including hiring new candidates, identifying skill gaps and arranging training programmes to fill the skill gaps.
• Performance Management; Manage the performance measurement system  for direct reports, identify training needs for direct reports based on current job and future aspirations. Organize knowledge sharing forums at team and department level. Deliver trainings. Regular meeting with direct reports to increase employee engagement. Facilitate career movements.


Qualifications:


MBA/CA/CFA or  equivalent degree in finance


 


Skills


  • Client knowledge and understanding of equity research business
  • Effective oral and written communication
  • Mentorship and technical skill development of junior team members
  • Influencing and persuasiveness
  • Strong technical skills in analysing Industry/companies, advanced financial modelling, valuation, writing business reports for external/internal use and presenting these to internal clients
  • Ability to work independently; comfortable in dealing with ambiguity
  • Focus on cost management and reduction on a sustained basis
  • Project and change management skills
  • Knowledge of statistical/quantitative techniques an advantage 


Experience


  •  
  • Minimum 2 years of total experience
  • Should have domain expertise in handling a financial role and large client requests
  • Should have managed product quality, handled multiple stakeholders, and mentoring experience


Analyst

Experience Requirement: 1 to 4 Years
Skill Set:M&A, Financial Modeling
Location: Bangalore

Job Description:

Job Title:Analyst

Department: Strategic Transaction Group

Client : Leading Investment Bank

Job Location : Bangalore


Role

• The incumbent will be required to work extensively in an integrated team environment with global investment banking professionals on ideas, pitch books and presentations across sectors. 

• Focus on supporting origination and execution of mergers and acquisitions (M&A) assignments, divestitures, financial restructurings and associated financing solutions

• Support the deal team by performing financial valuation; delivered through our coordinated coverage and global-local infrastructure

• Acquire in-depth understanding of client needs and the market, industry and business environment. 

   This understanding enables the firm to design customized solutions for clients - whether it is strategic initiatives like M&A, financing or risk management solutions

• Work on various sectors including Oil & Gas, Metals, Chemicals, Utilities, Infrastructure, Transport, Services etc

• The incumbent will work on a very wide variety of transactions across the world


Duties & Responsibilities

• Analyses, building and using financial models; preparing presentation materials and participating in deal pitches & executions; conducting industry and product research

• Overtime creates enough understanding of the sector to identify new business opportunities

• Carrying out financial modeling (vis relative valuation analysis, LBOs, DCFs, Merger plans), and developing and presenting appropriate pitchbooks to senior bankers


Will also be required to:

• Undergo continuous learning and enhance job specific skills over-time

• May be required to travel overseas as per business needs

• Pro-actively suggest and design improvements in process workflow, where applicable

• Taking ownership of work done and having high execution capabilities


Qualifications

Exceptionally qualified MBA’s (with good CGPA score) and CA’s 


Skills/Experience

• Good knowledge of financial modeling

• Excellent quantitative and analytical skills

• Highly proficient at Excel, Powerpoint and Word

• Strong accounts, finance, quantitative and business writing skills

• Good at multitasking

• Excellent communication and interpersonal skills

• 1 - 4 years of relevant work experience


Traits

Highly motivated; strong work ethic; thrives under pressure, confident, team player

Associate/Senior Associate, Fixed Income Rates Research

Experience Requirement: 1 to 4 Years
Skill Set: Fixed Income research
Location: Bangalore

Job Description:

Role Title: Senior Associate, Fixed Income Rates Research

 Location: Bangalore

Client : MNC Bank


Job Description

We are looking for resourceful candidate who has experience in Fixed Income markets to join Fixed Income rates Research team in Bangalore. 

The candidate would be required to work closely with senior analysts across the globe to develop different quantitative trading strategies.

 An ideal candidate will also be responsible for database management, developing cash-flow and surveillance models, using third party wrapper libraries and performing data analytics. 

The candidate should be well versed in a wide range of languages and should be open to experimenting with new technologies. 

We expect the candidate to show a strong inclination to learn and understand the Rates asset class.


Responsibilities

• Developing/Maintaining research tools for analyzing relative value opportunities in various sovereign bond markets, tracking their issuance patterns, monitoring central bank rates, predicting yield curve movements etc.

• Partnering with the Global rates team and actively tracking the interest rate regimes across both developed and emerging markets

• Analyzing the financial, economic, and political situation of each country and authoring research reports, thereby recommending investment strategies in their bonds and derivatives (e.g. IRS and ASW)

• Studying monetary policy, various economic variables and other central bank activity to gauge and identify active trades in the market

• Contributing to research reports and commenting on changing supply, spread dynamics in these debt markets and trend in offshore bond flow


Skills Required

1 to 4 yrs of work experience

Qualifications:

• Undergraduate degree from a top-tier school (IITs/NITs/BITS Pilani) preferably in a quantitative discipline such as math, science, engineering, computer science 


Skills

• Excellent Excel/VBA, .NET, C/C++/C#, R, Python, MYSQL skills

• Intermediate and Advanced Statistics 

• Project management skills; ability to manage and implement solutions to provide critical technology support 

• Strong Communication Skills and Interpersonal Skills 

• High ability to handle ambiguity 

• Hands-on experience dealing with a quantitative econometric/financial project using R/Python will be highly desirable.