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Pretoria: Bank Analyst

Date 2024-12-05
Job Title Bank Analyst
Employer
More Information
Salary Annually
Category Accounting Finance
Location Tshwane
/ Pretoria

Job Summary

Detailed description: The successful candidate will be responsible for the following key performance areas: Assess and understand the strategy and business model of the bank. Analyse and form a supervisory view of the risks facing the bank and the impact thereof on its risk profile. Analyse and assess the adequacy and appropriateness of business and risk management practices applied by the bank and compare it against industry best practices. Analyse and assess the evolving economic and operating environment and the impact thereof on the banks risk profile. Identify and monitor emerging risks to the banking sector in general and the bank in particular. Assess compliance with the Banks Act 94 of 1990, Co-operative Banks Act 40 of 2007, Mutual Banks Act 124 of 1993 and the Regulations relating to Banks. Prepare detailed reports based on the outcome of the analysis performed. Prepare detailed formal feedback to banks following on-site reviews and meetings held with banks management, executives and board members. Plan, arrange, prepare for and conduct meetings. Present the outcome of ongoing analyses and supervisory assessments to representatives of the bank. Maintain permanent electronic records in respect of the bank. Undertake ad hoc projects as assigned by management. Undertake frequent, often high-level liaison with the bank and other interest groups, such as the external auditors of the bank. Job requirements: To be considered for this position, candidates must have: A Postgraduate qualification (NQF 8) in Commerce, Economics, Finance, Compliance Management, Risk Management, or Accounting. Five to eight years experience in the banking sector, finance sector, regulatory sector, or risk management environment. A chartered accountant CA(SA) or Associate General Accountant AGA (SA) qualification would be an added advantage. Additional requirements include: Knowledge and understanding of: Financial reporting standards. Business protocol. Business models applied by banks and the financial and operating environment of banks. Relevant risk management standards and practices. Legislation relating to banks. The banking system, financial and banking products, regulations and risk models. The Basel Committee on Banking Supervisions (BCBS) capital framework and the Basel Core Principles at a theoretical level. Prudential supervision and the supervisory framework applied in South Africa; and key issues facing banks. Skills in analysing the business of banks. Innovative problem-solving skills. Strong analytical, verbal and writing skills and proficiency in verbal and written communication; and good interpersonal skills.

Bank Analyst position available in Tshwane, Pretoria. This job position was posted by . The job has been posted on 2024-12-05 in the Accounting Finance category

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