Product Control Specialist, CIB Finance

Posted 7 Days Ago
Be an Early Applicant
Johannesburg, City of Johannesburg, Gauteng, ZAF
In-Office
Senior level
Financial Services
The Role
Performs monthly balance-sheet and income-statement reconciliation and substantiation, supports annual external audits, improves month-end reporting and financial controls, and assesses on- and off-balance-sheet exposure risks. The role also defines change requirements, collaborates with IT developers, and applies banking, investment banking, derivative products, financial accounting, and control expertise.
Summary Generated by Built In
Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

Responsible for the reconciliation and substantiation of the balance sheet and income statement signed on a monthly basis for group finance and annually for the external audit. Responsible for defining and influencing the implementation of change projects to improve month-end reporting and controls. Product control will also be responsible for assessing the risk of business on-and-off balance sheet exposures so that risk is managed and mitigated in line with banks credit policy.

Qualifications

Type of Qualification: Post Graduate Degree

Field of Study: Business Commerce, Finance and Accounting

Other Minimum Qualifications, Certifications or Professional Membership: CA (SA)


Experience Required
 

5-7 years experience in Product Control/ Auditing/ Global Markets/ Investment Banking/Transaction Banking

5-7 years experience in understanding of information flow between front office systems and the general ledger. Ability to work with IT developers and communicate requirements to non-financial people.

5-7 years experience banking knowledge with preference to candidates with prior exposure to investment banking and derivative products.

 

Behavioural Competencies:

 

  • Articulating Information
  • Challenging Ideas
  • Checking Things
  • Convincing People
  • Embracing Change
  • Examining Information
  • Interpreting Data
  • Managing Tasks
  • Providing Insights
  • Pursuing Goals
  • Team Working
  • Thinking Positively

Technical Competencies:

  • Financial Accounting
  • Financial Analysis
  • Financial and Accounting Control
  • Reconciling Financial Records
  • Statistical & Mathematical Analysis

Skills Required

  • Postgraduate degree in Business Commerce, Finance, or Accounting
  • CA (SA) qualification
  • 5–7 years of experience in Product Control, Auditing, Global Markets, Investment Banking, or Transaction Banking
  • 5–7 years of experience understanding information flow between front-office systems and the general ledger
  • Ability to work with IT developers and communicate requirements to non-financial stakeholders
  • Banking knowledge, preferably including investment banking and derivative products

Standard Bank Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Standard Bank Group and has not been reviewed or approved by Standard Bank Group.

  • Leave & Time Off Breadth Leave options span vacation, study, parental, compassionate/family responsibility, sick/short‑term incapacity, sabbatical, recognition and optional unpaid leave, subject to country practices. This breadth provides flexibility to manage family, study, health, and rest needs.
  • Healthcare Strength Core protection includes medical cover and death/incapacity insurance, with many markets offering permanent health insurance and optional life/funeral or gap‑cover add‑ons. Wellness and counselling programs further strengthen day‑to‑day health support.
  • Fair & Transparent Compensation Formal remuneration materials emphasize equal pay for work of equal value, structured market alignment, and pay‑equity analyses alongside clawback/forfeiture provisions. This governance signals predictable, fairness‑oriented pay practices.

Standard Bank Group Insights

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The Company
HQ: Johannesburg
63,856 Employees
Year Founded: 1862

What We Do

As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.

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