Senior Banking Professional
5 days ago
Job Overview:
We are seeking a highly motivated Junior Bank Analyst to join our team at the South African Reserve Bank. The successful candidate will be responsible for providing oversight of designated banks and participating in supervisory practices.
This role involves analysing and assessing the strategies, business models, and business portfolios of banks, as well as monitoring and forming a view of the risks banks are exposed to (i.e. credit, liquidity, market, capital, and operational risks) and the impact thereof on their risk profiles.
To ensure compliance with relevant regulations, you will assess compliance with the Banks Act 94 of 1990, Financial Sector Regulation Act 9 of 2017, and all prudential and regulatory requirements.
Responsibilities:
- Provide oversight of designated banks and participate in supervisory practices.
- Analyse and assess the strategies, business models, and business portfolios of banks.
- Monitor and form a view of the risks banks are exposed to and the impact thereof on their risk profiles.
- Assess compliance with relevant regulations.
- Contribute to and participate in risk-based meetings with banks and their auditors.
- Prepare detailed reports based on the outcomes of analyses.
- Manage correspondence and maintain electronic records.
Requirements:
- A postgraduate qualification (NQF 8) in Accounting, Banking, Economics, Finance, Risk Management, or a relevant equivalent qualification.
- Two years' relevant working experience in a regulatory environment or the financial sector.
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