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Product Controller

Pearl Bank

Category
Finance
Deadline
18th February 2026
Location
Kampala

About Pearl Bank

The Bank's journey started in 1998, after having operated as a Post Office Savings Department from 1926, then evolved to PostBank Uganda Limited, a government-owned institution dedicated to expanding access to affordable savings and credit services. 2021 was a key milestone in the bank's journey, as it gained the status of a model tier one commercial bank. Before attaining its commercial banking license, the Bank was a tier two credit institution from its inception in 1998. In 2023, the bank embarked on a 5-year strategic plan aligned with its tagline "Grow. Prosper," an abridged version of its purpose of "Fostering Prosperity for Ugandans," which is implemented through its high-impact goals: to drive sustainable financial inclusion and to stimulate entrepreneurship and services. As part of its strategic positioning, the 5-year journey encompasses a rebrand phase, ushering in the transition from PostBank Uganda to Pearl Bank. This was approved by the Bank's shareholder, the Ministry of Finance, Planning and Economic Development, at the Annual General Meeting on 5th June 2024. The Bank's rebrand is more than a name change; it is a strategic move to tap into opportunities within the country and across the region as it continues to extend tailored financial solutions that usher Ugandans toward opportunities that inspire their growth and prosperity.

Job Description

The Product Controller is charged with providing independent financial control, valuation oversight, and performance reporting for the Bank’s Financial Markets activities, ensuring accurate P&L reporting, strong governance, and compliance with accounting standards and regulatory requirements.

 

This role provides assurance that global markets trading activities are conducted in compliance with regulations governing transactions in the financial markets.

Responsibilities

  • Produce and validate daily trading P&L for Financial Markets desks.
  • Perform detailed P&L (explain market movements, new trades, carry, FX).
  • Independently review and challenge trade valuations and trader marks.
  • Investigate and resolve unexplained P&L movements with Front Office.
  • Conduct regular IPV using independent market data sources.
  • Identify valuation differences and escalate issues in line with governance.
  • Support valuation committees and maintain valuation documentation.
  • Ensure accurate accounting for trading products in line with IFRS 9 and IFRS 13.
  • Support month-end and year-end close for Financial Markets.
  • Prepare financial disclosures related to trading assets and liabilities.
  • Support internal and external audits.
  • Monitor valuation adjustments, reserves, and fair value adjustments.
  • Partner with Market Risk and Treasury on risk reporting and controls.
  • Support stress testing and scenario analysis from a finance perspective.
  • Ensure adherence to internal policies and regulatory expectations.
  • Act as the primary finance contact for Traders, Market Risk, Treasury, Compliance
  • Provide finance input into new products, pricing, and structural changes.
  • Maintain effective challenge while supporting business objectives.
  • Passion: Committed to excellence, delivering outstanding results and making a positive impact on our customers and stakeholders.
  • Teamwork: Collaborates, mutual respect, and diverse perspectives, to achieve shared success and deliver greater value to the Bank.
  • Integrity: Uphold honesty, transparency, and accountability, ensuring ethical practices in every action.
  • Innovation: Embrace creativity and forward-thinking, continually seeking new solutions to enhance customer experience and drive business growth.

Requirements

  • Bachelor’s Degree in Business Administration, Finance, Economics, Strategic Management, or a related field.
  • Postgraduate qualification (e.g., MBA, MSc Strategy/Finance, CPA) is an added advantage.
  • A minimum of five (5) years of experience in strategy, corporate planning, or performance management within financial services or a regulated industry.
  • Experience in managing cross-functional initiatives or business transformation projects.
  • High proficiency in strategic tools (Balanced Scorecard, OKRs, Porter’s Five Forces, etc.)
  • Sound understanding of banking sector trends, digital finance, and sustainability.
  • Proficiency in Excel, PowerPoint, and data visualization tools (Power BI, Tableau) is a plus.
  • Ability to work independently and influence senior stakeholders.
  • Cover letter, Detailed CV, and Copies of academic documents all as one file.

How to Apply

Cover letter, Detailed CV, and Copies of academic documents all as one file.

 

Online applications addressed to Chief People & Strategy Officer, Pearl Bank Uganda.

 

Send application to hr@pearbank.com with job title as subject.

 

Only shortlisted candidates will be contacted.

 

Pearl Bank Uganda Ltd is an equal opportunity employer.

Please submit your application materials to the following email address:

hr@pearbank.com