Associate Bank Analyst

South African Reserve Bank; Pretoria; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading regulatory authority in Pretoria seeks a candidate for the oversight of banking entities. Responsibilities include reviewing banks’ compliance, analyzing financial data, and contributing to regulatory frameworks. Candidates must have a postgraduate qualification in relevant fields and two to five years of experience in finance. Strong skills in problem-solving, communication, and MS Office are essential. This position offers a critical role in ensuring the stability of the financial sector.

Qualifications

• Minimum two to five years’ experience in finance or financial regulatory environment.
• In-depth knowledge of regulatory frameworks like Basel Committee's Core Principles.

Responsibilities

• Perform oversight of registered banking entities.
• Review and evaluate banks’ internal capital adequacy.
• Conduct research and input into the regulatory framework.
• Manage correspondence and maintain electronic records.

Skills

Problem-solving and analytical skills

Presentation skills

Interpersonal skills

Verbal communication skills

Written communication skills

Time management

Proficiency in MS Office

Education

Postgraduate qualification (NQF 8) in Accounting, Banking, Commerce, Economics, Finance, Risk Management

Job description

Job Location : Pretoria, Gauteng, South Africa

Application Deadline : February 06, 2026

Brief description

The main purpose of this position is to perform prudential oversight of designated registered banking entities through a combination of off‑site and on‑site monitoring, analysis and supervision, thereby contributing to the soundness of governance and financial practices of such banking entities, and ultimately the safety and soundness of the financial sector.

Detailed description

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

• Review, analyse and evaluate banks’ internal capital adequacy assessment process.
• Review and evaluate financial entities’ recovery plans.
• Analyse and interpret regulatory returns for regulated entities.
• Conduct research and provide input into the regulatory framework (e.g. the Banks Act 94 of 1990), in line with international best practices.
• Interpret and develop amendments to the legislative framework, based on international best practices.
• Develop and implement the supervisory review and evaluation process, in line with international best practices.
• Conduct supervisory oversight of designated banks and participate in supervisory practices, including:
  • analysing and assessing the strategies, business models and business portfolios of banks;
  • 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;
  • 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;
  • analysing and assessing the evolving economic and operating environment and the impact thereof on banks’ risk profiles;
  • analysing and interpreting financial and risk information, including risk‑based regulatory data submissions and the alignment thereof with industry best practices;
  • contributing to and participate in risk‑based meetings with banks and their auditors; and
  • preparing detailed reports based on the outcome of the analysis performed.
• Manage correspondence and maintain electronic records in line with operational standards.
• The role includes admin related responsibilities such as the coordination of meeting arrangements, drafting of correspondences, daily record keeping, assessing the completeness of applications, etc.
• Contribute towards the attainment of departmental strategic objectives.
• Contribute towards the attainment of operational objectives.

Qualifications

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

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

Additional requirements

• an in‑depth knowledge and understanding of regulatory frameworks and international standards, such as the Basel Committee on Banking Supervision’s (BCBS) Core Principles for Effective Banking Supervision;
• being conversant with the Banks Act 94 of 1990, Financial Sector Regulation Act 9 of 2017 and related standards and regulations;
• knowledge of prudential supervision and the supervisory framework applied in South Africa;
• knowledge of basic risk management standards and practices applied by banks and banking groups;
• an understanding of key issues and risks faced by banks and banking groups;
• an in‑depth knowledge of the business of banks;
• an understanding of the business models applied by, and the financial and operating environment of, banks; and
• knowledge and understanding of corporate governance and risk management best practices and standards.

Job‑related skills and attributes

• problem‑solving and analytical skills;
• proven facilitation and presentation skills;
• strong interpersonal skills and the ability to build and maintain relationships;
• excellent verbal and written communication skills;
• the ability to effectively and efficiently manage time; and
• proficiency in the use of Microsoft (MS) Office products such as MS Word, Excel and PowerPoint and other related software packages.

Deadline

Deadline:4th February,2026