Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Financial Control Specialist - Rates
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Financial Control Specialist – Rates supports financial control and product control activities for interest-rate and related trading businesses. Typical requirements include a degree in accounting, finance, economics, or a related discipline; experience in financial reporting, reconciliations, valuations, P&L analysis, or banking operations; and strong Excel and analytical skills. Familiarity with financial instruments, accounting principles, risk controls, and regulatory requirements is advantageous. The candidate is expected to investigate breaks, validate results, prepare timely reports, maintain accurate records, strengthen control processes, and work effectively with traders, finance teams, technology, and offshore stakeholders. Attention to detail, sound judgment, communication skills, and the ability to meet deadlines in a controlled environment are important.
Can I work in the Philippines?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Work permit route: the bank must post the job for Filipinos first, then file the permit and the 9(g) visa; senior and specialist posts are the realistic ones.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Graduate analyst roles are the hardest case: a permit is issued only if no Filipino is competent, able and willing to do the job (Labor Code, article 40).
Official source: Bureau of Immigration: Pre-arranged Employment Visa (9G). Checked November 2026.
What the job usually comes with in the Philippines
Usual for Banking jobs in the Philippines, varies by employer. Checked November 2026.
| Housing | Senior expat packages often add a housing allowance; local-hire contracts do not |
|---|---|
| Relocation | Employer files the permit and visa; fees are agreed in the contract; moving help for senior hires only |
| Flights | Yearly home flight in some senior expat packages; none for local hires |
| Contract | Regular after at most 6 months' probation (by law); foreigners' contracts follow the permit, 1 to 3 years |
| Leave | 5 days after 1 year; 10 regular holidays and 8 special days in 2026 (by law) |
| Income tax | 0% to PHP 250,000 a year (about USD 4,000), then 15% to 35%; 13th month tax-free to PHP 90,000 |
| Health cover | PhilHealth is deducted from pay and matched by the employer (by law); a company health plan is the office norm |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About ANZ Bank
ANZ Bank is one of Australia and New Zealand’s major banking groups, with operations across Australia, New Zealand, and selected markets in Asia, the Pacific, Europe, and North America. It provides retail, commercial, institutional, and private banking services, including lending, payments, transaction banking, markets, and financial advice. ANZ’s Manila operations support global businesses through finance, technology, operations, risk, and service functions. The bank generally emphasizes strong risk management, regulatory discipline, customer outcomes, inclusion, and professional development. Employees in control and finance roles may work with international teams and support processes serving institutional and corporate clients across multiple time zones. As with any large financial institution, responsibilities, benefits, and working arrangements vary by role, business unit, and employment contract.