finseats

Product Control Specialist, CIB Finance

Standard Bank Group · Bank

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
  • Mid-Senior Level

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