About this role
Job Family
RISK, AUDIT & COMPLIANCE
Career Stream
REGULATORY COMPLIANCE
Job Purpose
To produce and supply regulatory reporting and capital adequacy for the bank and the group to SARB and stakeholders (internal & external); the role may also require the management of a team.
Job Responsibilities
- Manage production process by ensuring accurate timeous submissions to stakeholders
- Manage, monitor and review analysis and interpretation of information to produce various regulatory reporting requirements
- Prepare, review, analyse and optimise Capital Adequacy and related disclosures
- Prepare and review Intergroup exposures schedules for incorporation into the various returns as well as various management committee
- Manage, monitor, consolidate, review and analyse information to produce the Risk and Balance Sheet Management disclosure for the Financial results disclosure
- Ensure compliance with Bank’s Act and Regulations relating to Bank’s Act
- Perform various reconciliations to the Financial accounts and disclosures
- Analyse and review information to ensure accuracy and integrity
- Understand bank’s products and impact of new products on the regulatory environment
- Gathering relevant information from internal stakeholders
- Manage colleagues and client's expectation and communicate appropriately
- Liaise with Clusters on how current and proposed new Regulatory changes impact on their business
- Identify and follow up on external audit issues relating to regulatory requirements with the business
- Ensure corrective actions are being implemented and compliance maintained
- Establish and maintain mutually beneficial relationships with all stakeholders
- Ensure on-going training and sharing of knowledge with staff and clusters
- Liaise with external stakeholders to answer queries and provide information where necessary
- Ensure sign off of all reconciliations, regulatory reporting and Financial disclosure from Clusters and Group
- Analyse information and investigate deviances from trends and implement corrective action
- Continually assess and investigate innovative ways to streamline and automate all processes
- Continuously monitor existing controls measured against desired results in order to identify needs and opportunities for enhancements
- Ensure alignment to SARB, Bank's Act, Regulations and Basel reporting requirements
- Facilitate internal audit reviews and external audits
- Conduct Testing on new projects / developmen
- Ensure accurate, relevant and reliable output to stakeholders
- Understand all changes to regulatory reporting requirements
- Ensure that quality and productivity standards are consistently and accurately maintained
- Inform relevant parties of the reporting timelines and deadlines, solicit appropriate feedback, renegotiate where appropriate as means of resolution and escalate non compliance where necessary
- Manage performance of staff
- Mentor and coach staff on identified performance gaps
- Motivate staff to perform and contribute to the success of the business
- Stay abreast in field of expertise and deliver on the expectations from stakeholders
- Contribute to team effectiveness
- Maintain a capable high performing team and ensure an environment for optimal performance is created
- Ensure self and staff understand and embrace the Nedbank Vision and Values
- Manage the on boarding process of new employees
- Ensure transformational target are met
- Contribute to a culture conducive to the achievement of transformation goals
- Participate in the development and implement action plans
- Address issues raised in culture surveys
- Support and encourage staff to participate and support corporate responsibility initiative.
- Achieve operational excellence
- Encourage team to generate innovative ideas and share knowledge.
Essential Qualifications - NQF Level
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
B Com Hons / CA (SA)
Essential Certifications
- Chartered Accountant (SA), Chartered Financial Analyst
Minimum Experience Level
- 5 years experience in a similar role
- Managed and contributed to regulatory audit deliverables of a bank, especially within a CIB environment.
Technical / Professional Knowledge
- Strategic planning
- Performance management
- Business administration and management
- Operations planning
- Employee training/development
- Relevant regulatory knowledge
- Principles of project management
- Change management
- Business writing skills
- Service level agreements
Behavioural Competencies
- Driving for Results
- Customer Focus
- Innovation
- Guiding Team Success
- Aligning Performance for Success
- Building Partnerships
Employment Equity Statement
Preference will be given to individuals from underrepresented.
---------------------------------------------------------------------------------------
Please contact the Nedbank Recruiting Team at +27 860 555 566