(979) Associate Bank Analyst (x2)

South African Reserve Bank; Pretoria; On-site; ZAR 300 000 - 600 000; Full time

Job summary

An established industry player is seeking an Associate Bank Analyst to oversee the supervisory practices of designated banks. This role involves analyzing risk profiles, compliance with banking regulations, and preparing detailed reports to support the regulatory framework. The ideal candidate will possess a postgraduate qualification in finance or a related field and have relevant experience in the financial sector. Join a dynamic team dedicated to maintaining the integrity of the banking system while contributing to strategic departmental objectives. This is a unique opportunity to make a significant impact in the financial regulatory environment.

Qualifications

• Postgraduate qualification in Accounting, Banking, Commerce, Economics, Finance or Risk Management required.
• 2-5 years experience in finance or regulatory environment is essential.

Responsibilities

• Conduct supervisory oversight of banks and assess their risk profiles.
• Prepare detailed reports based on financial and risk analysis.
• Contribute to the regulatory framework and compliance assessments.

Skills

Risk Analysis

Financial Reporting

Regulatory Compliance

Economic Analysis

Data Interpretation

Education

Postgraduate qualification (NQF 8)

Job description

Job title : (979) Associate Bank Analyst (x2)

Job Location : Gauteng, Pretoria
Deadline : May 07, 2025

Detailed Description

The successful candidate will be responsible for the following key performance areas:

1. Conduct supervisory oversight of designated banks and participate in supervisory practices, including:
1. analysing and assessing the strategies, business models and business portfolios of banks;
2. analysing, monitoring and forming a view of risks (i.e. credit, liquidity, market, capital and operational risks) that banks are exposed to and the impact thereof on their risk profiles;
3. assessing compliance with the Banks Act 94 of 1990, the Regulations relating to Banks and the Financial Sector Regulation Act 9 of 2017 (FSR Act), including compliance with all prudential and regulatory requirements;
4. analysing and assessing the evolving economic and operating environment and the impact thereof on banks’ risk profiles;
5. analysing and interpreting financial and risk information, including risk-based regulatory data submissions and the alignment thereof with industry best practices;
6. contributing to and participating in risk-based meetings with banks and their auditors;
7. preparing detailed reports based on the outcome of the analysis performed;
8. Review, analyse and evaluate banks’ internal capital adequacy assessment process;
9. Review and evaluate financial entities’ recovery plans;
10. Analyse and interpret regulatory returns for regulated entities;
11. Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990), in line with international best practices;
12. Interpret and develop amendments to the legislative framework, based on international best practices;
13. Develop and implement the supervisory review and evaluation process, in line with international best practices;
14. Manage correspondence and maintain electronic records in line with operational standards;
15. Contribute towards the attainment of departmental strategic objectives;
16. Contribute towards the attainment of operational objectives.

Job Requirements

To be considered for this position, candidates must be in possession of:

1. a postgraduate qualification (NQF 8) in Accounting, Banking, Commerce, Economics, Finance or Risk Management; and
2. at least two to five years’ experience in the finance sector or financial regulatory environment.