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  • Posted: Jun 2, 2021
    Deadline: Not specified
  • Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. Barclays Africa Group Limited is 62.3% owned by Barclays Bank PLC and is listed on the JSE Limited. The Group is one of A...
    Read more about this company


    AVP: Controller Product (Prime and Equities)

    Job Summary

    • There is a vacancy in the Prime and Equities PCT team for the role of Product Controller. The overall responsibility of this role includes daily P&L production and balance sheet substantiation, and/ or responsibility for process ownership within the prime and equities desk, and / or involvement in broader, floor wide Product Control initiatives.

    Job Description

    Production related responsibilities:

    • Accounting – posting to the General Ledger accurate and timely information
    • Substantiation of the trading balance sheet – ensuring the full trading balance sheet can be substantiated
    • Regulatory reporting alignment - ensuring the Balance sheet is aligned to reports send to regulators
    • Data ownership – Ensuring the quality and accuracy of the data going downstream to other infrastructure areas
    • Control environment – Overseeing the control environment in which the business operates
    • P&L review – understanding and providing commentary on the P&L.
    • In the process of production focus is needed on:
    • Reporting – Ensuring reporting is accurate and timely
    • Control – Continue to implement the on-going control environment and report any deficiencies or issues to managers

    Key Accountabilities:

    • P&L production and BS substantiation
    • Interaction with key stakeholders
    • Process Owner
    • Strategic and/or Project and /or Change related Initiatives

    Education and Qualification

    • B degree/similar qualification in a financial/related discipline with 5 years relevant experience or CA(SA) with 2 years PQE experience
    • Investment banking or Product Control experience
    • Product specific knowledge
    • Experience in creating and maintaining an effective control environment
    • Experience with Projects and / or Strategic Initiatives and / or Change Management preferred


    • Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

    Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

    Absa Bank Limited reserves the right not to make an appointment to the post as advertised

    Method of Application

    Interested and qualified? Go to Absa on to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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