(1122) Junior Bank Analyst

Brief description

The main purpose of this position is to perform prudential oversight of designated registered banks through off-site and on-site monitoring, analysis and supervision, thereby contributing to the financial soundness and sound governance of such entities and the safety and soundness of the financial sector.

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Provide oversight of designated banks and participate in supervisory practices.
• Analyse and assess the strategies, business models and business portfolios of banks.
• Analyse, monitor and form a view of the risks banks are exposed to (i.e. credit, liquidity, market, capital and operational risks) and the impact thereof on their risk profiles.
• Assess compliance with the Banks Act 94 of 1990 (Banks Act), Financial Sector Regulation Act 9 of 2017 (FSR Act), Regulations relating to Banks and all prudential and regulatory requirements.
• Analyse and assess the evolving economic and operating environment and the impact thereof on banks’ risk profiles.
• Analyse and interpret financial and risk information, including risk-based regulatory data submissions and their alignment to industry best practices.
• Contribute to and participate in risk-based meetings with banks and their auditors.
• Prepare detailed reports based on the outcomes of analyses.
• Manage correspondence and maintain electronic records in line with operational standards.
• Contribute towards the attainment of departmental strategic objectives.
• Contribute towards the attainment of operational objectives.