Product Control Specialist, CIB Finance at Standard Bank Group

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