Regulatory Reporting Analyst
Welcome to the Latest Job Vacancies Site 2025 and at this time we would like to inform you of the Latest Job Vacancies from the Absa Bank Limited with the position of Regulatory Reporting Analyst - Absa Bank Limited which was opened this.
If this job matches your qualifications, please send your application directly through our latest Job site. Indeed, every job is not easy to apply because it must meet several qualifications and requirements that we must meet in accordance with the standard criteria of the Company who are looking for potential candidates to work. Good job information Regulatory Reporting Analyst - Absa Bank Limited below matches your qualifications. Good Luck: D
Empowering Africas tomorrow, together…one story at a time. 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 Responsible for collation and preparation of regulatory information to the Prudential Authority (PA) according to regulatory guidelines and procedures. Job Description Key Accountabilities Accountability: Preparation and completion of BA returns- Primary responsible for the production and review of the Financial and Capital returns.
- Timeously communicate the risk owners and GRR stages in the production process.
- Collect information from various sources, i.e., Finance, Credit, Treasury, and business units, Corporate and Investment Bank, Retail and Business Bank and Absa Regional Operations for the compilation and preparation of BA returns to the PA.
- Coordinate resources from other areas of the Group, planning and managing the timetable for data collection, consolidation and review of data and information and ensuring that deadlines are met in respect of data submissions to the PA.
- Calculate the relevant sections required of returns, such as Non-Standard Asset, Securitisation etc., for submission to the PA within set deadlines, drawing from source data and own financial and Basel knowledge and expertise.
- Prepare, calculate, and compile the working sheets in support of the relevant BA returns to the PA for review by the reviewer and management.
- Maintain the mappings from the IFRS balance sheet and income statement line items to ensure that results are correctly reported in terms of the regulations.
- Prepare and maintain the relevant working papers, calculations and or reconciliation in support of the BA return and other submissions to the PA.
- Upload the BA returns after review into the PA submission tool (DIX).
- Run validation checks on DIX and present for sign off by reviewer.
- Investigate queries and draft responses thereto as received from the PA on an ad-hoc basis.
- Meet reporting deadlines as set internally per working day timetables
- Prepare the monthly management information and analysis packs on the BA returns for internal review.
- Prepare the commentary and Executive Summary for the monthly management information packs.
- Identify enhancements to current reporting processes and policies to achieve optimal efficiency.
- Build relationships with all the relevant stakeholders in the process.
- Respond/communicate to the Prudential Authority and BASA queries and letters.
- Maintain process documents and be a key input in the CPA requirements.
- Co-ordinate and participate in the Reg 46 audit process
- Play a key role in the implementation of Basel IV
- To drive and oversee projects which involve system development and automation.
- Maintain process maps which should include critical controls and process performance measures.
- Document the enhancements for these projects for future reference according to Absa requirements and on Absa template documents.
- Test the automated solution for adequacy, effectiveness, and reliability prior to implementation
- To assist the system owners in the implementation of this automated solution, including roll out to business units where necessary.
- Identify processes for automation to increase effectiveness and efficiency in the team and present the proposed solution for review to GRR management
- Knowledge of local/ international regulatory requirements
- Strong computer skills, e.g., Excel, Word, PowerPoint
- Knowledge of SA / IFRS accounting standards
- Product knowledge in the banking industry
- Good report-writing skills
- Sound values and judgement
- Analytical
- Logical Thinker
- Attention to detail
- Work well in the team and across teams
- Self-starter
- Minimum Chartered Accountant (SA) or equivalent experienced accountant with tertiary accounting qualifications and demonstratable technical expertise or.
- 3 years banking experience
- 3 years experience in the compilation of risk data and or financial returns to the PA would be preferred
- Strong academic track record
- Analysing: Analyses numerical data, verbal data, and all other sources of information.
- Applying expertise and technology applies specialist and detailed technical expertise; uses technology to achieve work objectives.
- Writing and reporting: Writes clearly, succinctly, and correctly.
- Deciding and initiating action: Takes responsibility for actions, projects, and people; initiates and generates activity.
- Planning and organising: Plans activities and projects well in advance and takes account of possible changing circumstances; monitors performance against deadlines and milestones.
- Communication with multiple stakeholders
- Coping with pressure and setbacks: Works productively in a pressurised environment; Handles criticism well and learns from it
Information :
- Company : Absa Bank Limited
- Position : Regulatory Reporting Analyst
- Location : Johannesburg, Gauteng
- Country : ZA
How to Submit an Application:
After reading and knowing the criteria and minimum requirements for qualifications that have been explained from the Regulatory Reporting Analyst job info - Absa Bank Limited Johannesburg, Gauteng above, thus jobseekers who feel they have not met the requirements including education, age, etc. and really feel interested in the latest job vacancies Regulatory Reporting Analyst job info - Absa Bank Limited Johannesburg, Gauteng in 2025-01-09 above, should as soon as possible complete and compile a job application file such as a job application letter, CV or curriculum vitae, FC diploma and transcripts and other supplements as described above, in order to register and take part in the admission selection for new employees in the company referred to, sent via the Next Page link below.
Attention - In the recruitment process, legitimate companies never withdraw fees from candidates. If there are companies that attract interview fees, tests, ticket reservations, etc. it is better to avoid it because there are indications of fraud. If you see something suspicious please contact us: support@jobkos.com
Post Date : 2025-01-09 | Expired Date : 2025-02-08