Product Control Specialist, Transaction Banking, Investor Services Product, 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

This role is positioned to assist in building a scalable, standardised and control-led Transaction Banking Product Control capability across Africa Regions. 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. 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), CFA, CIMA

Experience Required

3-4 years Product Control/finance experience, preferably across Transaction Banking or Corporate & Investment Banking environment.

3-4 years Africa Regions exposure or demonstrable experience working with multi-country finance, product control or governance stakeholders.

3-4 years experience and solid knowledge of accounting and financial systems, including SAP and relevant source/sub-ledger environments such as GBM, Finacle, T24 or equivalent.

3-4 years experience and solid IFRS knowledge and practical understanding of balance sheet substantiation, P&L reporting, reconciliations, financial controls and audit evidence requirements.

3-4 years experience with process documentation, operating procedures, automation initiatives, financial accounting reviews, root cause analysis and project execution.

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