Performance Measurement Analyst at FNB South Africa

Responsibilities include:

1. Group Performance Measurement

• Calculation of the input variables for the FirstRand and its various jurisdictions’ cost of equity calculations
• Analysis and reporting of group and South Africa NIACC
• Analysis and reporting of group returns across products, pillars and activities across segments
• Analysis of monthly risk weighted assets across the FirstRand franchises/segments, including insurance entities
• Analysis of group capital allocation position on a monthly basis
• Analysis and monitoring of return on capital and tier 2 allocations to segments
• Completion of the monthly GTSY capital allocation for internal stakeholders within GTSY

2. Rest of Africa Performance Measurement

• Ownership of operational / day-to-day running of the rest of Africa subsidiaries performance measurement model including capital allocations and NIACC calculation for quarterly, interim and year-end reporting – including establishing efficient sign-off processes to support the process.
• Ownership of rest of Africa subsidiaries operational risk RWA allocation model in collaboration with local regulatory teams
• Ownership of performance measurement required monthly inputs for the performance measurement model
• Analysis and reporting of rest of Africa portfolio NIACC
• Assistance with risk return framework roll-out for the rest of Africa subsidiaries which will include analysis on the historical performance, market performance, correlation of results to macros, trend analysis, portfolio unpack, etc
• Assistance with embedding of the group performance measurement framework in the rest of Africa subsidiary entities
• Providing support for the rest of Africa subsidiaries in utilising the group’s automated performance measurement models
• Analysis and performing impact studies of changes to performance measurement metrics and inputs on the rest of Africa portfolio

3. Financial sector analysis

• Analysis of BA 900 trends including in depth understanding of financial mapping for FSR. Highlight key trends to Performance Measurement team, CFO and Group Treasury as well as franchises/segments where appropriate and obtain commentary on the monthly trends observed
• Analysis of NCA data including in depth understanding of financial mapping for FSR. Highlight key trends to Performance Measurement team, CFO and Group Treasury as well as franchises where appropriate
• Analysis of pillar III competitor analysis. Highlight key trends to Performance Measurement team, CFO and Group Treasury as well as franchises/segments where appropriate
• Analysis of rest of Africa competitor positions and strategies as required by board and rest of Africa exco
• Ad-hoc analysis as required by franchises/segments based on current trends / requirements. Highlight key trends to Performance Measurement team, CFO and Group Treasury as well as franchises/segments where appropriate;

4. Support additional performance measurement work streams and division’s processes as required

Support through analysis as required:

• Franchise/segment differentiated targets and hurdles
• Support resource allocation and optimisation decisions made by FRM committee
• Risk return framework setting
• Risk appetite setting
• Collate and maintain all internal business analysis in the form of historical analysis, up-to-date time series as well as master presentation packs etc
• Build HFM smart view files and processes for the rest of the business as required
• Provide support for FCC related projects that impact Performance measurement division
• When required, assist with other divisional processes as back up for team members
• Research on topical matters impacting the team’s mandate

EXPERIENCE

• Attention to detail.
• Analytical skills, conceptual thinking and problem solving skills
• Accounting skills to enable an in-depth understanding of financial statements of banks and insurance companies
• Being innovative and creative
• Ability to interrogate numbers and not just report on it
• Ability to provide user friendly analysis to a broad audience
• Comfortable with ambiguity whereas the availability of information would require one to make certain assumptions in order to arrive at a conclusion.
• Ability to interact and challenge senior management on area of expertise.
• Good working knowledge of Microsoft Office and HFM.
• Experience working both independently and in a team-oriented, collaborative environment is essential.
• Analytical and report writing skills.
• Ability to work under stress and meet tight deadlines.
• Knowledge and interest about/in competitive environment and market dynamics
• Resourcefulness (the ability to overcome obstacles)
• Ability to deliver presentations to senior committees within FirstRand