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