Job Description

Empowering Africaxe2x80x99s tomorrow, togetherxe2x80xa6one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary The overall responsibility of Product Control includes P&L reporting, balance sheet substantiation, and/or responsibility for process ownership within an asset class, and/or involvement in broader, floor wide Product Control initiatives



Reporting & Substantiation related responsibilities include:

• Accounting xe2x80x93 posting to the General Ledger accurate and timely information
• Substantiation of the trading balance sheet xe2x80x93 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 xe2x80x93 Ensuring the quality and accuracy of the data going downstream to other infrastructure areas
• Control environment xe2x80x93 Overseeing the control environment in which the business operates
• P&L review xe2x80x93 understanding and providing commentary on the P&L
• In the process of production focus is needed on:
• Reporting xe2x80x93 Ensuring reporting is accurate and timely
• Control xe2x80x93 Continue to implement the on-going control environment and report any deficiencies or issues to managers

Critical to your responsibilities:

• P&L reporting and BS substantiation
• Interaction with key stakeholders
• Process Owner
• Strategic and/or Project and /or Change related Initiatives
• Preferred education, qualification & skills:

Preferred education, qualification & skills:

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

Education

Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (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

Absa