Manager Regulatory Analytics and Consolidation page is loaded Manager Regulatory Analytics and Consolidation Apply remote type Hybrid locations Johannesburg time type Full time posted on Posted 2 Days Ago job requisition id R-15965147 Empowering Africa’s 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 The role is a senior management role in the Regulatory Reporting team. This team is responsible for ensuring consistency and overall accuracy of returns, queries, commentary and supplementary data, submitted to the Prudential Authority. Production of the monthly and quarterly analytics pack, which will be presented at the Regulatory Review Committee (RRC) for discussion. Manage the team that produces the consolidated returns for submission to the Prudential Authority, and reports changes to the Regulatory Reporting Change Control Committee (RRCCC). Design, develop and implement robust review methodologies, analytical tools and processes to ensure appropriate, consistent and accurate information is provided in a timely manner. Frequent interaction with the regulatory risk and data production centres (such as Finance, Treasury, Credit Risk and Market Risk), in order to ensure compliance to service level agreements and implement efficient data flows that support the requirements mentioned above in a sustainable way. Job Description Key Accountabilities Accountability: Technical Authority Maintain a high level of knowledge of the technical subject matter. Specifically, a good knowledge of the following is required: Regulatory Reporting including new developments and impact analysis Banking (Retail, Wealth, Investment Banking, Wholesale Banking, Treasury) Provide challenge to the technical subject matter experts in the risk and production centres Provide review and sign-off of team deliverables Perform and present financial analysis; prepare and present commentary Design, develop and maintain analytical processes and tools to ensure that it delivers accurate information Interact with senior leaders in the firm and the Prudential Authority Engage with outside key partners (e.g. auditors) where required Identifying and⁄or implementing projects by the teams necessary in improving wider risk and return production environment Accountability: Analytics The role will support senior internal stakeholders in the business and provide analytic insight based on business understanding to senior stakeholders. Specific accountabilities include: Designing, developing and implementing analytical tools which will provide comfort that internal and external reporting is accurate (including scenario analyses to anticipate and challenge reporting results) Ensuring that team members have a detailed understanding of products and businesses to enable relevant design and interpretation of analytics to enable accurate timeous commentary on reporting Provide input into regulatory reporting deliverables using business knowledge obtained through analytical processes Provide commentary to assist the Risk and Production centres to continuously evaluating the control framework and to enhance it as appropriate Accountability: Reporting Production of monthly and quarterly packs to the Prudential Authority. Production of consolidated returns. Designing, developing and implementing processes and systems which will enable the reporting of data to the Prudential Authority as well as to the Regulatory Review Committee (RCC) and Regulatory Reporting Change Control Committee (RRCCC) Implement controls to provide comfort that reporting is accurate Responsible for ensuring that all reporting is delivered on time and is accurate Reviewing of reporting and commentary received from Risk and Production areas to ensure that reporting is accurate Accountability: Project&Staff Management Providing leadership to junior team members in the area of implementing and improving reporting processes Ensure that assigned projects are planned, staffed accordingly and successfully implemented within agreed timelines. Communicate if risks arise to successful implementation of assigned projects, and finalise and propose alternatives Assist in embedding formal Performance Development and informal coaching in the team Review training needs of team members and ensuring that team members receive the relevant training Role/Person Specification Education and Experience Required B degree⁄similar qualification in a financial⁄related discipline or CA(SA) Non CA with 8 to 10 plus years relevant experience or CA with 6 to 8 plus years PQE Regulatory Reporting experience essential Management experience preferable Business experience in a banking environment gained from a Finance or Product Knowledge&Skills Strong problem solving skills Strong data analytical skills Banking Product knowledge Strong technical accounting skills Experience designing and implementing calculation tools Exceptional interpersonal and team-working skills and the ability to communicate at all levels The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines Competencies The position requires a technically minded accountant with a passion for investment banking. Analysis skills and technical ability Judgment ⁄ decision making – demonstrates logic, rationality and objectivity in decision making whilst balancing speed vs. thorough approach Integrity – consistent, earns trust, fights fair, uses the facts Team player – approachable, establishes collaborative relationships Oral and written communications - fluency, clarity, precise, well organised communications Resourcefulness – action oriented, goes “beyond the call of duty” to solve problems Adaptability – adapts quickly to change and copes well with complexity Experience – designing and implementing project or system solutions Education Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised Similar Jobs (2) Governance and control – Risk Manager remote type Hybrid locations Johannesburg time type Full time posted on Posted 4 Days Ago External Reporting - Note Owner locations Johannesburg time type Full time posted on Posted 8 Days Ago We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance. Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees. We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia. #J-18808-Ljbffr