Senior Specialist: Capital Management (Banking)

SUMMARY:
This role provides senior technical leadership and governance oversight across regulatory capital reporting, capital planning, and ICAAP frameworks within a large financial institution.
The VP ensures the integrity, consistency, and decision-usefulness of capital metrics across the group, while leading end-to-end delivery of key regulatory outputs.

The role is responsible for challenging capital assumptions, validating model outputs, and translating complex capital movements into clear executive and Board-level insights.

POSITION INFO:
This position operates as a key strategic partner to the Head of Capital, supporting executive committees, regulatory engagement, and capital optimisation decision-making.

Key Responsibilities

1. Capital Reporting & Governance Oversight

• Own and lead the monthly capital reporting cycle, including capital ratios, movement analysis, and executive narrative for CET1, Tier 1, and Total Capital.
• Review, challenge, and formally sign off capital MI produced by junior team members.
• Oversee regulatory capital submissions across legal entity and consolidated group levels.
• Ensure strong governance, reconciliation integrity, data lineage, and control evidence in line with global regulatory expectations (e.g. BCBS239 / RDARR principles).
• Drive continuous improvement of capital MI frameworks, reporting tools, and analytical dashboards.

2. Capital Planning & Scenario Analysis

• Lead capital planning and forecasting across legal entities and consolidated group structures.
• Maintain and enhance capital forecasting models and stress testing frameworks.
• Challenge key assumptions across RWA, earnings, impairments, FX, and balance sheet growth.
• Assess capital adequacy, buffer strength, and optimisation levers including capital actions, distributions, and balance sheet strategies.
• Develop forward-looking capital trajectories to support executive and Board decision-making.

3. Executive Reporting & Committee Engagement

• Lead preparation and review of capital content for senior governance forums, including:
  • Capital and Risk Committees
  • Executive Management Committees
  • Board-level reporting packs
• Translate complex capital movements into clear, structured, decision-focused narratives.
• Ensure reporting clearly articulates risks, sensitivities, trade-offs, and required management actions.

4. ICAAP Coordination & Quality Assurance

• Lead quality assurance of ICAAP submissions, ensuring consistency across quantitative outputs and narrative documentation.
• Coordinate ICAAP governance packs and support regulatory engagement and review readiness.
• Ensure alignment between capital models, stress testing frameworks, governance documentation, and regulatory expectations.
• Drive cross-functional alignment between Finance, Risk, Treasury, and Model Development teams.

5. Leadership & Capability Development

• Coach and develop junior analysts and senior associates in capital frameworks, governance standards, and executive reporting quality.
• Establish and enforce high standards for documentation, validation, and sign-off discipline.
• Drive continuous enhancement of capital processes, controls, and analytical capability within the team.

Core Deliverables

• Accurate, high-confidence monthly capital reporting pack with executive-grade narrative.
• Fully governed and controlled regulatory capital submissions across group structures.
• ICAAP deliverables that meet internal and external regulatory standards with strong auditability.
• Board and executive committee materials that enable informed capital allocation and risk decisions.

Qualifications & Experience

• CA(SA), CFA, FRM/PRM, or equivalent postgraduate qualification (NQF Level 7+ or international equivalent).
• 7–12+ years’ experience in capital management, regulatory reporting, treasury, or financial risk within a banking or financial services environment.
• Proven track record of owning end-to-end regulatory capital deliverables at senior level.
• Experience engaging with senior stakeholders, executive committees, or regulatory bodies.

Skills & Competencies

• Deep expertise in regulatory capital frameworks (Basel III/IV, ICAAP, RWA, capital buffers).
• Strong governance mindset with experience in control frameworks and regulatory audit readiness.
• Exceptional executive communication and storytelling ability.
• Ability to influence senior stakeholders and drive cross-functional outcomes.
• Strong analytical judgement with the ability to challenge complex financial assumptions.