Job Purpose
To produce and supply regulatory reporting requirements for the CIB business unit contributing toward the bank and the group requirements to SARB-PA as well as internal stakeholders. To perform financial analysis on business data in order to influence and communicate effectively with stakeholders by adding value to the business’s financial management strategy.
- Gather relevant information from sources and stakeholders in order to fulfill regulatory requirements; i.e., reconcile Balance Sheet and Income statement BA return information obtained to the management accounts; analyze and review information to ensure accuracy and integrity; identify and follow-up on issues relating to regulatory requirements.
- Evaluate opportunities to improve business processes and systems by identifying and recommending effective approaches to operate and adding value to the organization.
- Identify and resolve business problems timeously by analyzing data and reports from various sources.
- Provide meaningful recommendations; explanations and highlight anomalies by analyzing and interrogating financial information.
- Ensure that financial business analysis is conducted in line with the set standards.
- Enhance processes; policies and procedures by researching; reviewing current documents and submitting recommendations.
- Ensure understanding and compliance to banking regulations as well as internal policies.
- Manage defined risks in the finance/regulatory function and risk categories at targeted levels by adhering to internal and external guidelines/policies/procedures/business rules/compliance and governance requirements.
- Support the achievement of the business strategy; objectives and values by reviewing organization and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
- Identify training courses and career progression for self through input and feedback from management. Ensure all personal development plan activities are completed within specified timeframe.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- People Specification.
Essential Qualifications – NQF Level
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
- Qualified Chartered accountant (CA(SA))
- Bachelor of Commerce: Financial Management
- Financial risk management
Type of Exposure
- Problem solving
- Developing methods to minimize process and reporting risks
- Drafting reports
- Managing conflict situations
- Influencing stakeholders to obtain buy-in for concepts and ideas
- Data analysis
- Writing business proposals
- Conducting needs analysis
- Communicating standards to others
- Answering stakeholder questions
- Repairing and delivering presentations
- Conducting gap analysis between scope and proposals
- Interacting with various levels of management
- Using different approaches in new work situations and/or business proposals
- Identifying trends.
Minimum Experience Level
- 2 – 4 years’ experience in Banking/Financial services environment
Technical / Professional Knowledge
- Business Acumen
- Business Principles
- Communication Strategies
- Data analysis
- Governance, Risk and Controls
- Policies and Procedures
- Principles of financial management
- Research methodology
- Business writing skills
- Microsoft Office
- Banking regulatory knowledge
- IT / Banking knowledge
Desired Skills:
- Business Acumen
- Data Analysis
- Drafting
- Financial Systems
- Reporting
- Research Methodologies