Product Controller - Urgent Role

We are on the lookout for an ambitious Product Controller to join our high calibre team at Nedbank in Johannesburg, Gauteng.
Growing your career as a Full Time Product Controller is an incredible opportunity to develop useful skills.
If you are strong in problem-solving, persuasion and have the right initiative for the job, then apply for the position of Product Controller at Nedbank today!

Job Classification

Job Family

Finance

Career Stream

Accounting

Leadership Pipeline

Manage Others

Job Purpose

To direct; add value and enable business decisions through effective consolidated financial analysis; reporting and controls within the Markets business; in line with Nedbank business strategy.

Job Responsibilities

• Valuation of derivatives and markets instruments.
• Daily Profit and Loss validation, attribution and reporting.
• Trade Lifecycle Management, including setting up market data required to book & value trades and positions and trade documentation for complex trades.
• Independent price verification and validation of market data.
• Analysis and BI/MI reporting of trading data.
• Close working relationship with the Front Office and bridging the gap between the trading desks and support areas.
• Provide meaningful recommendations, explanations and highlights of concerns or anomalies by analysing and interrogating financial or trading information
• Protect the trading environment by ensuring controls are adhered to.
• Ensure accurate risk and position exposure by reviewing reconciliations and following up on unreconciled items.
• Comply with relevant legislation by reviewing and submitting statutory returns timeously.
• Understand and meet stakeholders’ requirements through ongoing engagement.
• Assist in the achievement of group collaboration initiatives by identifying opportunities to create beneficial partnerships and synergies.
• Ensure relevant, best practice analysis and reporting by providing ongoing guidance and coaching to the team.
• Meet deadlines and targets through prioritising effectively, planning and communicating.
• Maintain high standards of analysis and reporting within defined timeframes by planning, organising and monitoring workflow.
• Contribute to intellectual capital development by providing continuous motivation, mentoring, coaching and on the job skills training.
• Achieve business objectives within specific timeframes by scheduling and coordinating activities and identifying appropriate resources to perform these activities.
• Manage defined risks in the finance function and risk categories at targeted levels by adhering to internal and external guidelines/policies/ procedures/business rules/ compliance and governance requirements.
• 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 that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• 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.

 

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

CFA Charterholder / FRM / Financial Management / Engineering / Data Analytics / Mathematics

Minimum Experience Level

3 to 5 years in Markets Product Control, Markets Trading, Markets Trade Support, Markets Valuation Control or Markets Trading System Support 
Experience in Markets Trading environment, conducting root cause analysis 

 

Technical / Professional Knowledge

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology

Behavioural Competencies

• Building Partnerships
• Earning Trust
• Communication
• Decision Making
• Planning and Organizing
• Quality Orientation

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Please contact the Nedbank Recruiting Team at Show phone number

Benefits of working as a Product Controller in Johannesburg, Gauteng:

● Learning opportunities
● Advancement opportunities
● Competitive salary