Money may be our backbone, but excellence is our culture. And diversity, our true driving force. We believe in creating a working environment that enables our people to help us bring our values to life. And to do so, we don’t just aim to acknowledge our differences but to celebrate them as the very mix we need to continue being the difference that enhances lives beyond banking. For this reason, our people are very important to us… Every single one of them in the financial, technological, legal, administrative, creative, hospitality or operational space. Each one of them, is our mirror. They are our reason to want to do better. And our reminder that we are in the service of others. Nedbank’s culture is embedded on values that promote accountability, a strong focus on meeting client needs, and on building a positive brand image
Job Title: Regulatory Reporting Analyst
Location: Gauteng
Salary: Market Related
Job Type: Permanent
Sectors: Accounting, Banking, Finance
Reference: 133065
Vacancy Details
Job Purpose
- To complete and manage the production and supply of Regulatory related information to the SA Reserve Bank (Prudential Authority).
- To provide oversight, support and advice to Offshore entities of Group reporting changes and requirements to ensure Regulatory compliance.
- To produce various MIS reports to internal stakeholders; as well as Ad-hoc external Stakeholder requests/submissions.
- To ensure the accuracy of reported data and continually review and implement enhanced governance processes and controls.
- To engage with and contribute to Group projects affecting Regulatory compliance that leads to seamless implementation and integration with existing reports and possible new requirements.
- To keep abreast of all Regulatory changes and inform senior management across the organisation of the potential impact of such changes.
- To manage external audit engagements.
- Subject Matter Expert (SME) in respect of Regulatory matters (BA returns and potentially new products/deal structures).
- Provide input and validate information in terms of related External / Public disclosures.
- Participate in associated Industry / BASA committees.
- Build additional analysis and review processes of reported and supplementary information.
Outputs (deliverables)
- Complete and Analyse BA returns (including provision of the Banks’ Act and Regulations).
- Enhance internal reporting tools, processes and controls (where applicable).
- Effective consulting and provision of information to internal stakeholders on regulatory issues.
- Effective self-management.
- Effective management and development of subordinates (where applicable).
- Effective time/deadline management in relation to internal source/input providers.
Education
- B Com (Finance); CA(SA), or similar degree required.
Experience
- Accounting background and experience / track record in a regulatory reporting role (Banks Act and Regulations relating to the Banks Act).
- Good understanding of accounting, the Banks’s Act and its regulations.
- Understanding of DAMA data life-cycle.
Essential Qualifications – NQF Level
- Advanced Diplomas/National 1st Degrees
Technical Competencies
- MS Office (Excel, Word, PowerPoint, Outlook and Teams).
- IFRS.
- Basel Framework.
- Data analytics.
- Exposure to SQL and PowerBI (advantageous).
Minimum Experience Level
- 2 years regulatory experience of which at least 1 year in analysis
Technical / Professional Knowledge
- Microsoft Office
- Business writing
- Relevant regulatory knowledge
- Business Acumen
- Relevant software and systems knowledge
- Principles of financial management
- Data Analysis and Interpretation
- Governance, Risk and Controls
- Business terms and definitions
- Communication Strategies
Behavioural Competencies
- Work Standards
- Innovation
- Driving for Results
- Earning Trust
- Communication
- Collaborating
To Apply
Click Here!
Application Deadline: July 23 2024