Job Manager CTC Product Control, Sydney

“At CommBank we are proud to support flexibility, let’s discuss what this means for you”

The Commonwealth Bank of Australia (Bank) is Australia's leading provider of integrated financial services. They are committed to continuously improving governance practices and ensuring that they are aligned with business, stakeholders and customers’ needs.

In Financial Services, we support the Group’s strategy of building tomorrow’s bank today for our customers, through a focus on three key priorities of trust, resilience and capital generation. Financial Services partner with all areas of CommBank to specialist advice, support and services in finance, audit, treasury, property, procurement, climate strategy and investor relations.

See yourself in our team

Institutional Banking and Markets (IB&M) is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services. IB&M Finance supports the business in providing financial control, financial analysis and insight, product control, regulatory accounting and related project and strategy implementation support.

Product Control is a global team responsible for the independent oversight and financial control of the Global Markets business. Key functions include oversight of all daily P&L production and analysis including attribution and commentary, month end accounting, General Ledger balance sheet reconciliations and other special tasks of the business across the full product range.

Do work that matters

The product controllers mandate is to maintain a strong control framework around daily P&L and financial reporting. In addition, developing relationships with Front Office & other stakeholder areas such as Risk and Operations will be a key success factor in order to promote the Product Control group as a trusted and respected business partner.

You will be reporting to Senior Manager Fixed Income & Rates Product Control, and your role will require a close working relationship with the rest of the Global Markets business, Risk Management and other IB&M Finance areas globally. You’ll work closely with other members of the Global Markets Product Control team, which is made up of experienced Product Accountants with backgrounds across Markets businesses in a range of institutions globally.

We’re interested in hearing from people who will aspire to

• Manage the product control function for Commodities & Carbon desks
• Review daily, monthly and quarterly P&L results and analysis in line with market moves, P&L drivers and risk positions
• Manage of junior team member(s)
• Partner with Front Office on strategic desk initiatives
• Ensure the accuracy and integrity of product source system data interfacing the general ledger
• Review balance sheet substantiation and month end ledger close
• Prepare data for statutory and regulatory reports
• Drive ongoing enhancements to improve efficiency and controls and add value to the business
• Lead and participate in project work

Other qualities you may possess include

• Accounting background
• 2+ years’ experience in product control or financial control
• Experience in controlling for traded financial products
• Good working knowledge of Murex trading system
• Good working knowledge of relevant accounting standards
• Knowledge of the financial reporting framework and strong technical skills
• VBA, SQL, Tableau Prep, PowerBI, Alteryx or other analytical and automation tools
• Ability to problem-solve, multitask, manage and meet competing deadlines
• Strong commercial acumen
• Tertiary Qualifications – hold a tertiary qualification in accounting, finance, or an equivalent business-related discipline
• Accounting qualification – CPA, CA, CFA or similar

Working with us means

Whether you’re passionate about customer service, driven by data, or called by creativity, a career here is for you. At CommBank, we advocate and facilitate a culture of inclusion and respect, celebrating all cultures, abilities, genders, expressions of gender and sexual orientation. Read more about our commitment to inclusion and diversity on our website.

Our people bring their diverse backgrounds and unique perspectives to build a respectful, inclusive and flexible workplace. We are working hard to recruit people who represent the diversity of our customers and our society. If you're excited about this opportunity but you don't meet every single requirement, or your experience doesn't align perfectly, we still want to encourage you to send in your application. You may just be the perfect candidate for this opportunity or another within CommBank.

At CommBank we will inspire you with work that makes a difference, surround you with talented people that respect and value each other, and empower you to grow professionally and personally. Most of all, making a positive impact for customers, communities and each other is part of our every day.

We’re determined to make a real difference for Australia’s first peoples. We encourage all interested applicants to apply. If you’re already part of the Commonwealth Bank Group (including BankWest), you’ll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

**Apply Now to live your best life, by doing your best work with us! **

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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