Product Control Intern - Bangalore and Chennai

Join us as a Product Control Intern, where you will support and learn about the Bank’s trading activities, through financial reporting, trade reconciliation and market risk analysis.  

This role sits within Standard Chartered Global Finance Services, which is part of our Global Business Services organisation. This team is at the very heart of the professional services, core systems and processes at the bank including client care, finance services, risk, technology services, regulatory compliance, and banking operations. 

The Product Control team supports different businesses across the Standard Chartered Group including Markets, Treasury, Banking, Transaction Services & Lending globally.

Responsibilities

As a Product Control Intern, you will be responsible for: 

• Monitoring key controls and processes around P&L and Balance Sheet controls.
• Liaising with stakeholders such as Business, Country, Risk, Finance and Operations teams to ensure timely resolution of issues.
• Assisting in the design, testing and implementation of data integrity and exception reports.
• Assisting in implementation of sound controls and consistent processes to ensure adherence to IFRS9.
• Providing assistance with accurate classification and measurement of financial instruments as per IFRS9.
• Preparation and posting of month end journals.
• Ensuring that all controls are followed, completed and reviewed in a timely manner.

About the programme

Our one-year Internship Programme gives you the opportunity to gain first-hand experience working on real-world problems, hone your skills, create lasting relationships, gain insights, and discover your strengths. Throughout the programme, you'll acquire the skills for immediate success, as well as understand what's required for the future as our industry and your career evolve. A strong performance on the programme could lead to a graduate job offer.   
 
The programme will involve on-the-job training and an innovation project which exposes you to the inner workings of our business to provide real work experience.

You’ll be assigned a mentor to provide you with ongoing guidance and mentorship throughout the internship.   

Based on your performance in the internship you can join us as a Business Analyst after your internship is over. 

Preferred Skills

• Basic knowledge in one or two areas of interest in Product Control domain.
• Previous exposure to Financial/Capital markets & trading book products.
• Excellent written & oral communication skills.
• Ability to work independently and able to cope with pressures from tight deadlines.
• Analytical mindset with problem solving capabilities.
• Good knowledge of Microsoft Project, Excel, PowerPoint.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've 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 you're 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 can't 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, you'll 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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers