Product Controller

The purpose of the role is to ensure effective Product management and collaboration with the wider Finance and Business operations in conjunction with Senior Product Controller. Design the controls that will adequately mitigate risks. Ensure compliance with Group Policies, standard, finance policies and procedures that are applicable in the finance world.

• Assist in validating Product Income statement and Balance sheet balances.
• Provide support to CFO over month ends and significant reporting periods.
• Design the controls that will adequately mitigate risks from Product to general ledger.
• Comply with Group Policies and Standard that are applicable in the finance world.
• Ensure compliance with internal policies and procedures.
• Manage risk by ensuring that financial policies and procedures, regulatory and statutory requirements are being complied with.
• Drive resolution of Product to GL breaks on behalf of Finance.
• Ensure that Relationship Banking complies with the Product Risk Standard.
• Provide inputs in the Product Control Finance: monthly NAPA forum on the impact the new and amended products will have on the settlement GL reconciliations.
• Ensure that new products introduced are successfully incorporated into the reconciliations /balancing landscape (i.e., GL flows, etc.).
• Co-ordinate the audit in conjunction with the Head of the department as well as with CFO.
• Ensure that control environment remains stable.
• Provide Internal and external audit support and ensure that the audit process is well managed and co-ordinated with no inefficiencies (audit overruns).
• Ensure that the external and internal audit issues raised by assurance providers are remediated sustainably and within the agreed timelines (no overdue audit issues).
• Ensure that IT incidents as a result of GL issues or product system glitches are investigated and resolved timeously to minimize risk in the Balance Sheet.
• Identify critical manual or semi-manual processes that should be automated or streamlined.
• Liaise with internal and external compliance functions, e.g. Internal Audit, Group Compliance in order to stay up to date with developments in the Risk environment.
• Data retention management: Ensure adherence to DRM Group policy.
• Execution of EUDA’s and BRIAR’s.
• Compilation of yearly JSE attestations in conjunction with the Head of the Department.
• Develop stakeholder relationships using effective communication plans and forums.
• Build and maintain relationships with multiple stakeholders across all Business Units.
• Establish and agree SLAs with various stakeholders.
• Attend to stakeholders’ queries and ensure that their expectations are met or exceeded.
• Assist Business and Finance with audit issue remediation.
• Provide adequate support to the Head of the Department and Senior Product Controllers.

• Banking experience is required.
• Financial Systems: Millenium (Preferable) and SAP S4 knowledge is required.
• Strong financial and product control background.
• Bachelor’s degree in finance and/or auditing.
• Minimum 3 years banking/financial services experience.