Regulatory Reporting Analyst - 12 months

SUMMARY:
Regulatory Reporting Analyst

POSITION INFO:

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 to regulatory requirements.
• Evaluate opportunities to improve business processes and systems by identifying and
recommending effective 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
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 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
time-frame.
Regulatory Reporting Analyst
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• 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
• Preparing 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
• Nedbank policies and procedures
• Principles of financial management
• Research methodology
• Business writing skills
• Microsoft Office
• Banking regulatory knowledge
• IT / Banking knowledge