Regulatory Reporting Analyst
Posted: 3 days ago
Job Description
Job PurposeTo produce and supply regulatory reporting requirements for the CIB business unit contributing toward thebank and the group requirements to SARB-PA as well as internal stakeholders. To perform financial analysis onbusiness data in order to influence and communicate effectively with stakeholders by adding value to thebusiness's financial management strategy.Job ResponsibilitiesGather 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 toregulatory requirements.Evaluate opportunities to improve business processes and systems by identifying and recommendingeffective approaches to operate and adding value to Nedbank.Identify and resolve business problems timeously by analyzing data and reports from various sources.Provide meaningful recommendations; explanations and highlight anomalies by analyzing and interrogatingfinancial 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 submittingrecommendations.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 tointernal and external guidelines/policies/procedures/business rules/compliance and governance requirements.Support the achievement of the business strategy; objectives and values by reviewing Nedbank 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.Essential Qualifications - NQF LevelAdvanced Diplomas/National 1st Degrees Preferred QualificationQualified Chartered accountant (CA(SA))Bachelor of Commerce: Financial ManagementMinimum Experience Level3-5 years' experience in Financial Services Environment.Technical / Professional KnowledgeMicrosoft 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 CompetenciesWork Standards Innovation Driving for Results Earning Trust Communication Collaborating Please contact the Nedbank Recruiting Team at +27 860 555 566
Job Application Tips
- Tailor your resume to highlight relevant experience for this position
- Write a compelling cover letter that addresses the specific requirements
- Research the company culture and values before applying
- Prepare examples of your work that demonstrate your skills
- Follow up on your application after a reasonable time period