Controller

The Role

This position is responsible for overseeing all financial activities of the bank, ensuring financial stability, regulatory compliance, and strategic growth. They act as a key advisor to the CEO and board, especially on financial risk and capital management.

Key Responsibilities

1. Financial Strategy & Leadership

• Develop and execute the bank’s financial strategy aligned with business goals
• Advise executive leadership on financial planning and growth opportunities
• Support mergers, acquisitions, and investment decisions

2. Financial Reporting & Compliance

• Ensure accurate and timely financial reporting (monthly, quarterly, annual)
• Oversee preparation of financial statements in line with standards like GAAP/IFRS
• Ensure compliance with banking regulations (e.g., capital adequacy, liquidity rules)
• Liaise with regulators, auditors, and rating agencies

3. Risk Management

• Monitor financial risks including credit, market, and liquidity risk
• Work closely with CRO (Chief Risk Officer) to maintain risk frameworks
• Ensure proper internal controls and financial governance

4. Capital & Liquidity Management

• Manage capital structure and adequacy (Basel III requirements, stress testing)
• Oversee liquidity planning and funding strategies
• Optimize balance sheet performance

5. Treasury & Investment Oversight

• Supervise treasury operations, including cash flow and funding
• Manage investment portfolios and interest rate risk
• Oversee asset-liability management (ALM)

6. Budgeting & Forecasting

• Lead annual budgeting process and long-term financial planning
• Analyze financial performance and variances
• Provide forecasts to guide decision-making

7. Cost Control & Efficiency

• Identify cost-saving opportunities and improve operational efficiency
• Monitor expense management across the bank

8. Stakeholder Communication

• Present financial results to board members and investors
• Maintain relationships with regulators, analysts, and shareholders