Credit Risk Regulatory Reporting Analyst

2 weeks ago


Sandton, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

To provide advice and support in financial practice formulation and associated best practice improvement tactics by taking responsibility for the overall process that enables sustainable, accurate and timeous Group financial and regulatory information to be reported to both internal and external stakeholders.

**Job Description**:
Accountability: Risk Performance Management
- Ensuring the end-to-end integrity of the Credit RWA results including processes and procedures.
- Deliver high quality timeous value adding reports through automated solutions ensuring RDARR compliant credit reporting with the articulation of limitations as required.
- Provide oversight to the Reporting function, ensuring that activities of the department are consistent and in compliance with policy, governance and regulations.
- Provide insight and analytics on performance and results.
- Ensure that the quality and narrative in credit reports are of a high standard with data accuracy and meaningful interpretation of paramount importance.
- Develop measures to monitor, analyze and aggregate risk performance across products making it possible to pinpoint unexpected trends proactively.
- Automate monthly, daily and repetitive reporting in an efficient manner ensuring accuracy and completeness.
- Engage with and build strong working relationships with in-country Risk colleagues and their teams across ARO.
- Drive continuous process efficiency, rigor and controls. Pioneer and implement risk best practices, digital solutions and effective change enablement. Contribute to building a scalable, digitally-led business.
- Take the lead on change management on regulations prescribed by Bank Acts and Directives related to Credit RWA.
- Ensure compliance and embedment of Basel guidelines as per PA requirements.
- Assisting with the direction of the ARO Reg. Reporting Team in respect of Prudential Credit Risk.
- Define Credit RWA data requirements to support ARO Credit RWA Reporting execution processes.
- Support the enhancement and design of ARO Credit Regulatory Reporting Team execution processes, including calculation engines.
- Ensure internal audit trail of the regulatory reporting functions is following local regulatory procedures, standards and policies.
- Develop and support analytics around data quality and process efficiency.
- Drive, facilitate and track capital optimization initiatives.
- End-to-end regulatory capital process optimization and results accuracy.
- Enforce routine periodic self-assessments on key controls to assess the proper functioning and adequacy of existing controls.
- Contribute to a stringent controls environment and policy implementation.
- Attend relevant meetings to provide feedback of ARO Credit RWA results.
- Acting as a primary point of engagement on specific regulatory return / process audits (both internal and external) related to ARO Credit Risk.
- Advise senior management and promote understanding of credit risk and counterparty credit risk relating to SARB regulations.
- To provide guidance and advise both internal and external auditors on Credit Risk regulatory issues.
- Acting as the primary contact for the annual reg. 46 audit, including the tracking, management and closure of audit findings with Group Finance.
- Maintaining a working relationship with Group Finance, including the monthly / quarterly review of Credit RWA numbers prior to PA submission.

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_


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