Product Control Group Officer

Empowering Africa’s tomorrow, together…one 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. My Career Development Portal: Wherever you are in your career, we are here for you.

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Product controller – Global Markets and Treasury plays a key role in ensuring an independent validation, substantiation and reporting of financial information. In addition, they provide insights and analysis from the information drawn. • Substantiation and reporting of Markets & Treasury Statement of Comprehensive Income (Balance Sheet) • Substantiation and reporting of Markets and Treasury Financial Position (P&L) • Monitoring trading activity for compliance with related suitable policies. • Providing management with technical and operational analysis of the trading activities • Providing insights being drawn from the data being generated and happenings in the Global Markets and Treasury industry.

P&L and Balance sheet substantiation: Reporting of daily, monthly and year to date P&L for assigned desks. Ensure the assigned portfolio is accurately represented within the general ledger. Ensure correct fair valuation of the products handled in the assigned desk.

Provide daily, monthly, and quarterly beneficial commercial analysis of Foreign Exchange Trading Build good working relationships with stakeholders. Ensure compliance of trading limits for the assigned desk Regular (Daily, weekly, or Monthly) substantiation of balance sheet line items affecting Global Markets & Treasury. This includes investigating all breaks and resolving them in a timely manner.

Analyze and report on material adjustments to the P&L, including discrepancies to the Front Office flash. Meet team’s KPI and SLA Provide appropriate P&L and balance sheet commentary / analysis. Attend to ad hoc queries from the traders and other infrastructure partners relating to trading revenue and the Balance Sheet Timely and accurate submission of returns to regulatory authorities (CBM, etc.) Perform month end processes (Bid-Offer, Price testing etc.) Agree positions and results between Front and back-office systems and submit them for sign off at the appropriate level.

Monitor trading activity for compliance with various related policies. Governance and control: Circulate key weekly & monthly management information to senior management. Ensure clean audit results from internal and external reviews.

Identify and drive process re-engineering constantly for control improvement and process efficiency. Perform Critical Process Assessments and participate in continual enhancement of key Finance risk metrics. Participate in essential administration tasks required in the department

About Us

At Absa, our story is not a single narrative. It’s thousands of individual journeys unfolding across Africa and beyond. From colleagues serving customers in local communities to teams shaping financial solutions across borders, Absa is built on people who bring their lived experiences, ambitions and perspectives into the workplace every day.

Whether you’re starting your career, a seasoned leader or somewhere in between, your contribution is seen, valued and connected to something bigger. Our presence across Africa – which spans personal and business banking, corporate and investment banking, wealth and investment management, and insurance – exists because of the people who show up in their roles with purpose. Across Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia, our colleagues are shaping what Absa becomes in each market.

Beyond the continent, teams in global offices and a technology hub support and extend the stories that prove that African talent can lead, influence and innovate on the global stage. At Absa, your story matters because progress is driven by human experience, not hierarchy. When people are enabled to bring their whole selves to work, they don’t just build careers.

They help shape the future of Africa’s financial services landscape.

Education

• Further Education and Training Certificate (FETC): Financial Sciences (Required)