Product Control Officer

DUTIES & RESPONSIBILITIES

• Daily review and reconciliation of Account Balances in Treasury Application, i.e., Calypso to Core Banking Application Balances.
• Daily review and reconciliation of Treasury suspense Account.
• Daily validation of the previous day’s closing positions of Treasury Products (Fixed Income Securities, Placements & Takings, Fx and Derivatives).
• Daily review & validation of Receivables, Payables and Contingent Accounts of Treasury Products.
• Daily root-cause analysis of variances, raise exceptions against originating users/departments and/or obtain approvals for corrections (where applicable).
• Daily GL-Blotter Reconciliation to ensure all deals consummated by Treasury dealers are documented in the blotter and posted into the Ledger, with prompt escalation of all outstanding.
• Timely preparation and delivery of Daily Profit or loss Report for Treasury Products for Trading Desks & other Units.
• Monthly validation of the completeness of Fixed Income Securities & Pledges held by the bank in S4, CSCS & FMDQ and other depositories.
• Monitor the compliance of Treasury units with the Product Control Framework and other regulatory guidelines on Treasury Products.
• Monitor the Suspense Accounts for Treasury Products to ensure that only verifiable unsettled trades are held in such accounts (where applicable).
• Handle the creation/modification of Accounting Rules, Account Mapping, Static Filters and other requirements for new/existing Treasury Products.
• Support the Financial/Management Reporting Team by providing analytical insight into the performance/positions of Treasury Products.
• Support process improvements around the Treasury Business Value chain (Trading Desks, Risk Management, Settlement Operations, Internal Control).
• Support the management of audits relating to the Treasury Business & Products (Internal, External & Regulatory Audits).

Job Requirements/Qualifications

• Bachelors Degree in Accounting, Economics or any related field.
• Must possess at least 5 years’ relevant experience in a similar role.
• CFA or ACA/ACCA; Accounting or related Bachelors.