Product Controller - Johannesburg, South Africa - Nedbank

Nedbank
Nedbank
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter
Description

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

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 buyin 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
- **_Please contact the Nedbank Recruiting Team at _
More jobs from Nedbank
See all jobs of Nedbank