Product Control Officer

Job Description

Role Overview

Europe Arab Bank is looking to engage a Product Control Officer on a 12 month fixed term contract. The Product Control Officer is responsible for ensuring the accuracy and integrity of the bank’s financial data by performing end-to-end reconciliations of Treasury transactions. This role acts as a bridge between the Treasury Front Office and Back Office operations, ensuring all products are properly booked, valued, and reported in compliance with internal policies and regulatory requirements.

Key Responsibilities

• Perform daily, monthly, and ad-hoc reconciliations between Treasury Front Office trade systems and Back Office/Finance systems.
• Investigate and resolve breaks or discrepancies identified during reconciliations; escalate unresolved items in a timely fashion.
• Ensure all Treasury products (e.g., FX, Money Market, Derivatives, Fixed Income) are accurately captured and reflected in the bank’s records.
• Work closely with Front Office, Back Office, and IT teams to resolve booking issues or system mismatches.
• Support the month-end closing process, including P&L and balance sheet substantiation for Treasury products.
• Assist with internal and external audits by providing necessary documentation and explanations.
• Participate in systems upgrades, user acceptance testing, and process improvements related to Treasury product control.
• Document processes to provide comprehensive standard operating procedures for all key controls.
• Ensure compliance with internal controls, policies, and regulatory requirements.

Education Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Professional certifications (e.g., CA, CFA, ACCA) are an advantage.

Required Skills & Competencies

• Strong understanding of the front to back process for Treasury products and their full accounting treatment throughout their lifecycle.
• Solid accounting and financial analysis skills.
• Experience with reconciliations and investigation of breaks in financial transactions.
• High degree of IT literacy. Proficiency in MS Excel and Power BI and experience with Treasury systems (e.g., K+, Murex, Calypso, or similar) is preferred.
• Strong attention to detail and ability to work under pressure with tight deadlines.
• Excellent communication and interpersonal skills for effective collaboration across departments.
• Analytical mindset with demonstrable problem-solving abilities.
• High ethical standards and commitment to maintaining data confidentiality.