Product Controller at NBC

NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services. NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services

• 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 other departments
• Ensure compliance of trading limits for the assigned desk
• Daily substantiation of balance sheet which include agreeing balances to third party records, investigating all breaks, and resolving them in a timely manner
• Analyse 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 Balance Sheet
• Timely and accurate submission of returns to regulatory authorities
• Perform month end process (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
• Identify and drive process re-engineering constantly for control improvement and process efficiency

Accountability:  Risk management.  Time split : 10%

• Maintaining a strong compliance culture
• Adhering to all the policies and procedures of the bank
• Ensuring high quality of service to all clients (reputational risk)

Accountability:  Personal Development.  Time split : 10%

• Actively managing one’s own technical and soft skills development in conjunction with the Head of Product Control and Governance
• Researching, identifying and proposing training solutions for own development to the Head of Product Control and Governance

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