Product Control Specialist, CIB Finance

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

Responsible for the reconciliation and substantiation of the balance sheet and income statement signed on a monthly basis for group finance and annually for the external audit. Responsible for defining and influencing the implementation of change projects to improve month-end reporting and controls. Product control will also be responsible for assessing the risk of business on-and-off balance sheet exposures so that risk is managed and mitigated in line with banks credit policy.

Qualifications

Type of Qualification: Post Graduate Degree

Field of Study: Business Commerce, Finance and Accounting

Other Minimum Qualifications, Certifications or Professional Membership: CA (SA)

Experience Required
 

5-7 years experience in Product Control/ Auditing/ Global Markets/ Investment Banking/Transaction Banking

5-7 years experience in understanding of information flow between front office systems and the general ledger. Ability to work with IT developers and communicate requirements to non-financial people.

5-7 years experience banking knowledge with preference to candidates with prior exposure to investment banking and derivative products.

 

Behavioural Competencies:

 

• Articulating Information
• Challenging Ideas
• Checking Things
• Convincing People
• Embracing Change
• Examining Information
• Interpreting Data
• Managing Tasks
• Providing Insights
• Pursuing Goals
• Team Working
• Thinking Positively

Technical Competencies:

• Financial Accounting
• Financial Analysis
• Financial and Accounting Control
• Reconciling Financial Records
• Statistical & Mathematical Analysis