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Product Controller

Vacancy Details

Reference No.

NM10-39939

Synopsis

Are you passionate about working in a finance environment? One of the largest banks in South Africa is in search of your expertise as a Product Controller to join their company.

Description

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

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 condo management / arrangement with stakeholders review
  • Structured confirmations and valuation to trade booking and risk management
  • IPV
  • Production and managing P and L for specific portfolios
  • PL attribution – Providing a full picture – P and L at risk
  • Daily trader sign off – including daily commentary
  • First time PL explanation – first port of call
  • Trade amendment explanation – Compliance and P and L impact
  • Instrument confirmation annual review to logic or regulation

Managed Self

  • Support the achievement of the business strategy, objectives and values by reviewing the bank 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 the bank 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 the bank

Requirements

Educational Requirements

  • CA (SA)             

Relevant experience

  • 2 – 4 years in Product Control in an Investment Bank
  • 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 minimise 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   

Position Type

Permanent

Work Level

Senior

Salary

750000.00 - 800000.00

Industry

Banking/Finance And Investment

Salary Type

Annually

Package

Cost To Company

Affirmative Action

No

Geographic Location

Gauteng - JHB North