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.
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Job Summary
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.
Job Description
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
Education
Further Education and Training Certificate (FETC): Financial Sciences (Required)Skills Required
- Further Education and Training Certificate in Financial Sciences
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
