Regulatory Analyst at Nedbank

Job Purpose

• To produce and supply regulatory reporting requirements for the CIB business unit contributing toward the bank and the group requirements to SARB-PA as well as internal stakeholders. To perform financial analysis on business data in order to influence and communicate effectively with stakeholders by adding value to the business'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 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 timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

Essential Qualifications

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

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

Minimum Experience Level

• 3-6 years experience in Financial Services Environment