Job Description / Responsibilities:
Regulatory Reporting specialist with experience on BA700 return and BA610 to conduct NCA calculations.
Detailed Competencies required for this role:
Regulatory reporting experience +-3 to 5 years
Strong excel skills (pivots, advanced formulas)
Qlick sense would be an added advantage.
Strong communication and stakeholder management skills (specifically to internal stakeholders and auditors)
Strong analytical and problem solving ability.
Attendance of various meetings to determine any changes that might affect the calculation, i.e. changes in roll-up structure, Regulatory requirements (such as BaselIV) and the ability to resolve for the changes.
Attention to detail – precision in preparing the calculations
Maintain audit trail, supporting documentation and supporting schedules
Time management with the set deadlines for regulatory reporting
Awareness of governance practices and risks and controls
Detailed Deliverables / Outputs expected of the successful candidate:
Monthly and quarterly collation and preparation of the NCA calculations that feeds into the BA 700 return
Monthly and quarterly collation and preparation of the “Other assets” calculation for the ARO countries that feeds into the BA 610 return.
Monthly reporting on the variances for Bank Solo
Quarterly reporting of variances for the Absa Group Limited Company
Query management and resolution
Monthly and quarterly reporting of the “Other assets” for ARO and to deal with any queries
Background and experience required:
Years of Experience
Industry Experience
+- 3- 5 years regulatory reporting experience for a Bank (Financial institution)
Must-have Skills (Mandatory Skills):
Include minimum years of experience required per skill
Advanced Excel skills
Self-starter that can work independently
Regulatory reporting experience
Advanced Microsoft Office skills
Beneficial Skills (Desired Skills):
Qlick sense