Regulatory Analyst

3 weeks ago


Johannesburg, South Africa Nedbank Full time

**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.**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 - NQF Level- Bachelor of Commerce: Financial Management or Accounting- CA(SA) would be advantageous- Minimum Experience Level- 3-6 years experience in 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 Product
- Regulatory knowledge
- IT / Banking knowledge
- Behavioural Competencies- Applied Learning
- Communication
- Decision Making
- Innovation
- Work Standards
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_


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