Regulatory Reporting Analyst

Job Purpose

To 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 Responsibilities

• 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 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 Level

• Advanced Diplomas/National 1st Degrees
  
  

Preferred Qualification

• Qualified Chartered accountant (CA(SA))
• Bachelor of Commerce: Financial Management
  
  

Minimum Experience Level

• 3-5 years' experience in Financial Services Environment.
  
  

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
  
  

Please contact the Nedbank Recruiting Team at +27 860 555 566