Senior Financial Analyst - Corporate Banking

Placements24; Midrand; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Medical aid plan

Provident fund contribution

Professional development

Job summary

Placements24 is seeking a Senior Financial Analyst for their client in Midrand, Gauteng. The role focuses on in-depth financial analysis, forecasting, and reporting to support strategic decision-making within corporate banking. The candidate should have strong knowledge of financial markets and risk management.

Responsibilities include building financial models, budgeting, reporting to senior management, and mentoring junior analysts in a fast-paced environment in Gauteng's financial hub.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics or related field.
• Master's degree or professional certification (CFA, CA) is advantageous.
• Minimum 5 years of progressive experience in financial analysis, preferably in banking/financial services.
• Proven experience in financial modeling, forecasting and budgeting.

Responsibilities

• Conduct comprehensive financial analysis of business performance and market conditions affecting banking.
• Develop and maintain complex financial models for forecasting, budgeting and valuation.
• Prepare detailed financial reports and presentations for senior management.

Skills

Financial analysis

Forecasting

Budgeting

Financial modeling

ERP systems

Excel

Data visualization

Analytical thinking

Communication skills

Team collaboration

Education

Bachelor's degree in Finance/Accounting/Economics

Master's degree or CFA/CA

Tools

ERP software

Data visualization tools

Job description

About the Role

Our client, a leading financial institution, is seeking a highly skilled and experienced Senior Financial Analyst to join their dynamic team in Midrand, Gauteng . This role is crucial in supporting strategic decision-making through in-depth financial analysis, forecasting, and reporting within the corporate banking division. The ideal candidate will possess a strong understanding of financial markets, risk management, and complex financial instruments. You will be instrumental in driving financial performance and identifying opportunities for growth and efficiency. This position offers a unique opportunity to work with cutting-edge financial tools and a collaborative team dedicated to excellence in the heart of Gauteng 's financial hub.

Key Responsibilities

• Conduct comprehensive financial analysis of business performance, market trends, and economic conditions impacting the corporate banking sector.
• Develop and maintain complex financial models for forecasting, budgeting, and valuation purposes.
• Prepare detailed financial reports and presentations for senior management, highlighting key insights and recommendations.
• Analyze profitability of various banking products and client portfolios, identifying areas for improvement.
• Collaborate with cross-functional teams, including risk management, product development, and sales, to provide financial insights and support.
• Monitor and interpret regulatory changes and their potential impact on financial operations.
• Assist in the annual budgeting process and ongoing financial planning cycles.
• Perform variance analysis and investigate discrepancies in financial data.
• Ensure accuracy and integrity of financial data and reporting systems.
• Mentor junior analysts and contribute to team development.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A Master's degree or professional certification (e.g., CFA, CA) is highly advantageous.
• Minimum of 5 years of progressive experience in financial analysis, preferably within the banking or financial services industry.
• Proven experience in financial modeling, forecasting, and budgeting.
• Strong understanding of corporate finance principles, financial statements, and valuation techniques.
• Proficiency in financial analysis software and tools, including advanced Excel skills and experience with ERP systems.
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional communication and presentation skills, with the ability to articulate complex financial information clearly and concisely.
• Demonstrated ability to work independently and as part of a team in a fast-paced environment.
• Knowledge of regulatory requirements in the South African banking sector is a plus.
• Experience with data visualization tools is desirable.

Benefits

• Our client offers a competitive remuneration package commensurate with experience, including performance-based bonuses.
• Employees benefit from a comprehensive medical aid plan, a generous provident fund contribution, and opportunities for professional development and continued education.
• We provide a dynamic and supportive work environment with clear career progression pathways.
• Additional benefits include access to discounted financial products, wellness programs, and a stimulating office culture in Midrand .
• This role is based in Gauteng , offering convenient access to transport links.