Description:
A well-established bank is seeking a detail-oriented and analytical Reporting Analyst to join its Credit Division. This position plays a critical role in regulatory compliance, financial disclosure, and credit impairment reporting. The ideal candidate will thrive in a dynamic environment and demonstrate strong technical and regulatory knowledge, particularly within the banking and credit sectors. This position is based in Durban.Responsibilties
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Regulatory Submissions: Prepare and submit periodic regulatory reports to the South African Reserve Bank (SARB), ensuring timely responses to any queries or audit requests.
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Financial Disclosure & Audit Support: Compile and prepare financial disclosure information required for the Bank’s annual and bi-annual financial statements. Support external and internal audits by gathering data and coordinating responses across relevant departments.
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Credit Risk Reporting: Conduct analysis and reporting of daily and monthly credit data to the South African Credit and Risk Reporting Association (SACRRA), and resolve any data-related queries.
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Impairments & IFRS 9 Compliance: Manage monthly impairment processes, including running the IFRS 9 model and preparing specific and portfolio impairment schedules in compliance with financial reporting standards.
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Compliance with National Credit Act (NCA): Prepare and submit quarterly Form 39 and annual compliance reports to the National Credit Regulator (NCR). Stay abreast of regulatory changes and implement branch-wide policies and procedures to ensure NCA compliance.
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Home Loans & Mortgage Disclosure Reporting: Handle quarterly and annual submissions related to the Home Loans and Mortgage Disclosure Act. Facilitate coordination with auditors for related inspections and audits.
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Executive Reporting: Compile financial and credit data for internal presentation materials, including monthly slides for executive management.
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Data Integrity & Reconciliation: Perform ongoing reconciliations across key reporting systems to ensure consistency and accuracy of financial and credit information.
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Process Improvement & Automation: Identify opportunities to streamline and automate recurring reporting functions using tools like Power BI. Draft technical specifications to support system development initiatives.
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Ad Hoc Requests: Support management with various data requests and special reporting assignments as they arise.
Requirements
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A Bachelor's degree in Accounting or Finance.
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Additional qualifications or certifications in risk, auditing, or analytics will be advantageous.
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Minimum 2 years' experience in the banking sector, specifically in credit or financial reporting.
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Proficiency in Microsoft Office (Excel, Word, PowerPoint).
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Familiarity with CreditLens and DIX systems preferred.
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Strong knowledge of credit-related legislation and regulatory frameworks.
Please Note, if you don't match the Requirements or Industry, you won't be consider for this role..
Benefits
- Competitive salary.
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Contact Hire Resolve for your next career-changing move today
- Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
- Send me your CV on +27 63 584 7231 (Whatsapp)
- You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
- Please use " Reporting Analyst " as your subject line when applying via email
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise
Requirements:
-
Regulatory Submissions: Prepare and submit periodic regulatory reports to the South African Reserve Bank (SARB), ensuring timely responses to any queries or audit requests.
-
Financial Disclosure & Audit Support: Compile and prepare financial disclosure information required for the Bank’s annual and bi-annual financial statements. Support external and internal audits by gathering data and coordinating responses across relevant departments.
-
Credit Risk Reporting: Conduct analysis and reporting of daily and monthly credit data to the South African Credit and Risk Reporting Association (SACRRA), and resolve any data-related queries.
-
Impairments & IFRS 9 Compliance: Manage monthly impairment processes, including running the IFRS 9 model and preparing specific and portfolio impairment schedules in compliance with financial reporting standards.
-
Compliance with National Credit Act (NCA): Prepare and submit quarterly Form 39 and annual compliance reports to the National Credit Regulator (NCR). Stay abreast of regulatory changes and implement branch-wide policies and procedures to ensure NCA compliance.
-
Home Loans & Mortgage Disclosure Reporting: Handle quarterly and annual submissions related to the Home Loans and Mortgage Disclosure Act. Facilitate coordination with auditors for related inspections and audits.
-
Executive Reporting: Compile financial and credit data for internal presentation materials, including monthly slides for executive management.
-
Data Integrity & Reconciliation: Perform ongoing reconciliations across key reporting systems to ensure consistency and accuracy of financial and credit information.
-
Process Improvement & Automation: Identify opportunities to streamline and automate recurring reporting functions using tools like Power BI. Draft technical specifications to support system development initiatives.
-
Ad Hoc Requests: Support management with various data requests and special reporting assignments as they arise.
-
A Bachelor's degree in Accounting or Finance.
-
Additional qualifications or certifications in risk, auditing, or analytics will be advantageous.
-
Minimum 2 years' experience in the banking sector, specifically in credit or financial reporting.
-
Proficiency in Microsoft Office (Excel, Word, PowerPoint).
-
Familiarity with CreditLens and DIX systems preferred.
-
Strong knowledge of credit-related legislation and regulatory frameworks.
- Competitive salary.
-
Contact Hire Resolve for your next career-changing move today
- Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
- Send me your CV on +27 63 584 7231 (Whatsapp)
- You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
- Please use " Reporting Analyst " as your subject line when applying via email
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise
- Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
- Send me your CV on +27 63 584 7231 (Whatsapp)
- You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
- Please use " Reporting Analyst " as your subject line when applying via email