Product Controller at Afrizan Personnel

Job description

Requirements:

• CA (SA) or Bachelor of Commerce Honours
• 2-4 years in Product Control in an Investment Bank
• Financial Services exposure

Responsibilities:

• Provided accurate, timely and meaningful financial information
• Manage the balance sheet effectively by ensuring that assets and liabilities are appropriately accounted for
• Manage the income statements effectively by ensuring that income and expenses are appropriately accounted for (e.g. reviewing and ensuring accuracy of the general ledger accounts)
• Report on the Financial results and position by compiling, interpreting and presenting management packs
• Assist in the achievement of Business As Usual (BAU) and strategic initiatives through accurate budgeting and forecasting
• Product Knowledge across a wide range of Equity, Fixed Income, Derivatives and Treasury products is required
• Analysing situations or data that requires an in depth evaluation of multiple factors
• Developing ways to minimize risks
• Drafting reports
• Managing conflict situations
• Influencing stakeholders to obtain buy-in for concepts and ideas
• Sharing information in different ways to increase stakeholders understanding
• Brainstorming ways of improving a product or situation
• Challenging the status quo with a view to improving the environment or peoples understanding
• Communicating standards to others
• Comparing two or more sets of information
• Conducting a needs analysis
• Writing business proposals

Maintained collaborative business relationships:

• Build and maintain collaborative business relationships and have an understanding of the business strategy and operations through ongoing engagement with stakeholders
• Maintain financial independence and integrity by adopting a sound level of objectivity in all practices

Managed processes:

• Instrument setup and maintenance validation
• Portfolio maintenance management
• Market data input, first validation
• Portfolio creation management
• Setting up valuation curves - review/operational – testing valuations
• Documentation and reporting of valuation valuations processes
• Trade feed PF mapping – monitoring
• Instrument setups including price link definition – Operational review
• Bespoke confo management/ arrangement with stakeholders review
• Structured confirmations and valuation to trade booking and risk management
• IPV
• Production and managing P&L for specific portfolios
• PL attribution – Providing a full picture – P&L at risk
• Daily trader sign off – including daily commentary
• First time PL explanation – First port of call
• Trade amendment explanation – Compliance and P&L impact
• Instrument confirmation annual review to logic or regulation

Managed Self:

• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems, process, services and solutions are aligned
  Identify training courses and career progression for self through input and feedback from management
• Ensure all personal development plan activities are completed within specified timeframe
  Share knowledge and industry trends with team and stakeholders during formal and informal interaction
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations

Improved Processes and Culture:

• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc)
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy)
• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank

Technical Competencies:

• MS Office – intermediate
• Nedbank policies and procedures - Intermediate
• Business writing - advanced
• Relevant regulatory knowledge - intermediate
• Industry trends - intermediate
• Business Acumen - intermediate
• Relevant software and systems knowledge - intermediate
• Banking knowledge - Intermediate
• Banking procedures - intermediate
• Research methodology - basic
• Principles of financial management - advanced