Senior Manager, Product Control, Treasury
- Full-time
- Business Segment: Corporate & Investment Banking
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
Accountable for the validation and reporting of the profit and loss numbers for the Treasury. This requires a thorough understanding of the balance sheet and risk drivers of the business. It further needs a detailed grasp of the operational processes that generate data through the various reporting frameworks. This enables the problem solving of any variances and their resolution through the appropriate stakeholder groups. The role also requires an understanding of how cash moves through the bank, how it is controlled and how this impacts the income statement.
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
3-5 years experience and active involvement in the overall Treasury business (internally as well as participating in external forums) to help develop, build and implement appropriate best practice concepts into the product control team.
3-5 years experience in developing and maintaining a high performing team by providing adequate support, guidance and training, and where required effectively manage poor performance and ensure succession planning is in place.
5-10 years experience in developing and updating the financial control framework and all supporting processes and procedures for implementation and execution by teams to ensure that an adequate control and governance environment exists, and risk mitigation protocols and corrective measures are in place. Oversee and manage the annual external audit process and maintain contact with auditors to determine and understand audit requirements ensuring continued governance and compliance of CIB.
5-10 years experience and in-depth knowledge of the Finance Operations capability with conceptual understanding of its principles/theories and core products and business lines that are serviced Ability to use own judgement to complex and/or escalated problems. Ability to adapt communication style based on the target audience, within own and outside of the function, and have strategic conversations with key partners and stakeholders across the business and externally.
Additional Information
Behavioural Competencies:
- Developing Strategies
- Directing People
- Embracing Change
- Taking Action
- Making Decisions
Technical Competencies:
- Evaluation of Internal Controls
- Hedge Accounting
- Financial and Accounting Control
- Financial Systems Administration
- Reconciling Financial Records